When you start a new venture, your top priority is to find talent to further drive your business. Hiring your first employee can be daunting, challenging, and surprisingly complex. Where do you even start on the recruitment journey when you are a new employer?
It is a tricky balance to hit. Hiring comes at a cost, so you want to make sure the business is ready to face the financial commitment. However, failing to hire talent when you need it also affects your business growth and profitability. That’s precisely what a lot of entrepreneurs prefer to reach out to freelancers to handle tasks while the business can build a safe cash flow. Ultimately, when you need extra hands, outsourcing to contractors and freelancers gives you the option to invite adhoc talent when you need it. Additionally, working with freelancers also helps you understand the role and its importance within the business. The last thing you want is to hire a new employee when there’s not enough for them to do or when the role lacks definition. However, your challenges as an employer don’t end with the recruitment process. On the contrary, it’s only the beginning of your journey!
You need to manage HR processes
HR processes grow with your team. While it may seem easy to manage workforce data for a handful of employees, when the team grows you’ll need to find a reliable HR software solution that can streamline your processes. Indeed, HR tends to be perceived as a time-demanding administrative series of processes. A smart solution can not only replace manual actions but also provides a 360° view of your workforce. From predictive insights about optimised planning, there’s a lot to gain from a digital solution that future-proofs the business.
After recruitment, it’s a retention game
Employee retention is a priority for almost 9 in 10 human resources leaders. Unfortunately, they face challenges to maintain focus. Overall, progress in employee retention is slow. The current pandemic situation makes it easier for employees to seek new employment elsewhere using digital communication tools such as Zoom to attend interviews during their working hours. Unfortunately, remote workplaces are facing issues with employee engagement in a post-pandemic environment. Employees are less likely to feel recognised when they work from home, which makes them twice as likely to look for a new position. Inappropriate management strategies also encourage employees to quit – and it’s fair to say that managers have been struggling to maintain their performance during the pandemic.
Employees who stay are not all brand advocates
You might be tempted to assume that employees who don’t quit their job are your best brand assets. However, not everyone who stays within the company is an advocate. In fact, some employees feel stuck in a position where they reluctantly stay because they don’t think they could go elsewhere. Lack of professional training, inappropriate tasks that contribute to deskilling, and overall emotional burnout make it harder for employees to perform in any business environment. That’s where regular employee surveys can highlight pain points before they affect your brand.
Are you ready to hire your first employee? Congratulations! But do make sure to invest plenty of time and thoughts into building a workplace that supports your employees’ growth, professional career, and engagement within the business. Recruitment is the step that marks your responsibility as an employer.