It is a well known fact that a significant percentage of small businesses fail. This is often ascribed to the lack of capital. However, in most cases, the employees are the critical factor in the success or failure of the business.
Most businesses, large or small, make mistakes when hiring. This mistakes cost them both in the short run and in the long run. This article would look into the common mistakes made by small businesses. Knowing a problem is often the first step in solving it, so you should avoid these mistakes when hiring for your business.
You are a small business. That means you have to be extra careful when you hire employees as you can not survive making the same mistakes that large billion dollar companies make in their human capital processes.
Here are the five major mistakes small businesses are likely to make when recruiting workers:
- SEEKING PERFECT CANDIDATES
This usually happens because the employer did not know exactly which type of candidate or worker s/he needs. The employer thus makes up a long list of requirements that may be impossible for anyone to meet. As a result, the employer bypasses candidates that would have made great workers
- RUSHING THE RECRUITMENT PROCESS
Many employers only recruit when they already have a vacancy. This leads them into the temptation of rushing the recruitment process. When you are rushing, you are likely to make mistakes and hire the wrong person or fail to hire the right candidate. In order to avoid this, you should plan ahead. You can work with a recruitment agency to help you with the planning.
- WRONG INTERVIEWING PROCESS
Since your small business might not have a trained human resources specialist, you may not be able to use interviews properly. There are employers who use Google to decide what interview questions to ask! This is going to lead to failure and wrong workers who would set your business backward.
- HIRING BASED ON INSTINCT
The truth is that most gut feel hires turn out wrong. Always rely on a pre-planned methodology in making your hiring decisions. Using your instinct to make a decision as serious as hiring could prove disastrous for your small business.
5. GIVING INCOMPLETE INFORMATION TO APPLICANTS
You should tell prospective employees everything about the job you are hiring them for. That way, if they feel they are not up for such jobs, they can disqualify themselves. Before hiring them, let them know the extent of their responsibilities, the career path and every other necessary information. If you don’t do this, you may employ someone who would later be a problem employee.
ACE Employment Services helps you make the right hiring decisions. Follow these tips and you would always hire the employees that would do well on the job.