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The team you build when you start a business plays a critical role in its success and daily operations. It is essential to establish a team that understands your company’s goals and has the required skill set to perform their job efficiently.
Hiring the wrong people can influence your organization’s profitability and credibility. The U.S. Department of Labor estimates that a company’s average cost of a bad hiring decision is at least 30 percent of the individual’s first-year expected earnings. So, it’s essential to avoid common hiring mistakes and follow the proper steps to build a winning team.
Create a Clear & Measurable Goal
It would help if you created a clear and measurable goal that highlights your expected accomplishments. Once you’ve determined your goals, you can hire people with the relevant skills to help you achieve the goals. For example, if you aim to create a strong brand image, you may have to hire a marketing specialist.
You may also want to hire someone in leadership to focus your attention on other important tasks. When you hire the right person and give them more autonomy, they will likely feel more motivated to help you achieve your goals.
Work with a Recruitment Agency
A recruitment agency can help you find a suitable candidate for the position you want to fill. Recruiters have access to an extensive database of highly qualified candidates that they can use to find you the right people to build your team.
Working with a reputable company like IQ PARTNERS will allow you to create a team with skilled individuals that can accelerate innovation and growth for your start-up. Their industry specialists recruit and place talents within fields they’re familiar with, enabling them to find the perfect candidate for your vacancy. Discuss your expectations with a recruitment specialist, as their process will include a thorough screening of the candidate before they are presented to you, saving you the cost of a bad hire.
Build a Strategic Onboarding Process
Hiring the right people for a job isn’t just finding qualified candidates. It’s essential to include a thorough onboarding process to help new hires get accustomed to their job and access the necessary tools and resources to do their job.
The onboarding process affects human resource metrics, such as productivity, finances, and culture. If your team members cannot perform to their full potential due to a lack of resources or a clear understanding of your company’s culture and goals, employee turnover may increase.
Offer Training & Development Options
It can be challenging for employees to grow or contribute new ideas to your organization if they don’t receive learning opportunities. They may feel stuck in their position and less motivated to complete their tasks or set higher goals.
Having transparent communication and finding out their expectations in terms of growth can clear any barriers and motivate them to work harder. You can offer seminars, lectures, and training or development programs with incentives to encourage your employees to learn more and expand their skill set. This may provide them with a stepping stone to move up within your company.
The team you create will significantly impact your business’s reputation and growth. Building a winning team for your start-up business involves finding the right people and increasing retention with the right strategies.