Sunday, August 05, 2007
Top five hiring mistakes small businesses make
Gevity, which serves as a full-service human resources department for small and mid-sized businesses, has released its list of the top five hiring mistakes made by small businesses when recruiting and hiring employees. Developed from Cornell University/Gevity research and surveys of small business owners, the list is a handy tip sheet for recruiting and hiring top talent.
Here are the top five hiring mistakes -- and how to avoid them:
1. Offering candidates uncompetitive compensation. Offering prospective hires a competitive compensation package is critical for small businesses, which often struggle to compete with larger companies on the basis of pay and benefits. While a competitive salary is a key part of any compensation package, candidates aren't just looking for cash. Benefits, such as health insurance and retirement plans, opportunities for growth and advancement, a positive work environment, and flexibility also play a large role in a candidate's decision-making process. Focus the prospective hire on the total compensation package.
See full Article.