Employing And Sustaining Competent Employees
Good employees are hard to find. It may be easy to fill empty positions if you are a huge, well known, corporation (like Google), but there is a huge challenge attracting (and keeping) top performers if you are smaller and not well known. As a New York Recruiter this is a challenge I encounter on a daily basis, particularly since I compete with fellow Recruiters in New York.
According to chief executives and industry recruiters, who were interviewed for this article, there are three main areas on which to focus: the quality and market position of your product or service, environment, and compensation.
Innovative technology and a high perception of quality will attract top technical and design people, salespeople and support people, all for various reasons. Technology people relish the challenge of developing something new, plus they need ongoing chances for skill enhancement to remain fresh.
As for top sales people, a strong product means they can earn bigger commissions, and their egos are fulfilled by being on the leading edge. And top support people are smart enough to know that a quality product makes everyone's job simpler, and it enables them to earn their bonus. For everyone, superior products will earn your company better returns, enabling more reinvestment in R&D, offering challenges and adventure for your technical people, and more and better product for your sales and marketing team.
The following factors play a large role in the decision of an employee to join a company:
Environmental factors - the corporate culture, the caliber of co-workers, the attitude of your management team, and your physical environment can be essential in finding and retaining talented people.
Corporate culture is one area smaller companies have an edge - that "hell-bent-for-leather" approach makes it exciting and challenging to come to work, and there are fewer layers of bureaucracy people find so stifling. Real teamwork, where success is shared and the team affirms a common commitment, will draw other experts.
Having a smart, talented staff will attract more smart, talented people. So will a friendly atmosphere which values the opinions of the rank-and-file along with open-management policies keeping the teams informed on the state-of-the-company.
A training plan, designed career paths and professional conference attendance are more ways to attract and keep people. Other small but significant options include dress code, flextime, telecommuting, offices with walls - these all help.
Last is the matter of compensation. The big salary problem is no matter how much you pay; a competitor can offer a little bit more. So in terms of salary level itself, you simply have to be at or near your market rate.
Equity - stock grants, options and equity-like phantom stock - is a powerful way for smaller companies to entice people at all levels. Plus, smaller companies can grant equity without the usual waiting period required by public and bigger companies.
What does all this mean in real terms? Even if you are not a Manhattan recruiter, some of the suggestions in this article are harder to implement than others, and some describe conditions you simply can't achieve. Must you arrange for every item mentioned above? Of course not, but methodically providing your people with the challenge to be their best, the opportunity to gain knowledge, the independence to be creative, the incentives to perform and produce, a feeling of ownership, and the respect as professionals - these are the things that will make top technical and sales people want to join your company, and have them stay.
Interested In Finding A Job With Accommodation? Here's Quite A Few Guidelines That You Can Find To Be Very Helpful.
Of course you could look in your local newspapers to find jobs with accommodation provided. However there are plenty of other ways of finding such jobs.
4 Wheel Drive Tips For Every One Of The Newbies To The Activity
Congratulations on taking the plunge and renting or buying a 4x4 for an awesome off-road adventure! As a newbie to the wonderful world of 4x4 this article is for you.
Read How Could The Lovely Perfume Of Landscaping A Rose Garden Will Attract The Visitors
Landscaping a rose garden might seem like an easy task, but in fact there are several considerations that must be kept in mind. These considerations have not changed over the years either - they have remained the same like the rose's popularity.
Sources Of Severe Fatigue: Risk Factors For Chronic Fatigue Syndrome (CFS) Illness
Chronic Fatigue Syndrome (CFS) is a complex disorder characterized by profound fatigue and is not improved by bed rest. It may even be worsened by strenuous physical activities or excessive mental exertion.
Chinchilla Facts, As Well As The History Of The Chinchilla Habitat
Chinchillas are a type of rodent that originates from South America. The special chinchilla noise they make resounds the forests. They have thick, luxurious coats. In captivity they can live between 10 and 20 years.
An Article That Will Assist You To Know How You Could Accumulate Wealth Under The Guidance Of Liability Assistance
If you feel like you are drowning in debt, a debt assistance provider may be able to help you get your head above water again. However, before you take the plunge into debt assistance, consider whether you can get out of debt on your own.
4 Points Why All Marketing Have To Have An Opt-In Strategy For Affiliate Marketing.
Gold is in the mailing list. Most definitely, you have read or heard this statement before, as delivered by an online businessman who has made it big in the industry. A mailing list remains an internet marketer's number one weapon in his journey towards achieving success in this field.
Practical And Non Drug Treatment For Panic Disorder And Anxiety Sickness
Stress and anxiety are very common in todays high paced world and most people can deal with these issues as they are only temporary phases in life. However, some may experience constant generalized anxiety (GAD) or worse still suffer from extreme panic disorder needing treatment.
Related Articles