4 Common Employee Hiring Challenges Entrepreneurs Face and How to Overcome Them
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Entrepreneurs are known to wear multiple hats, and one of those hats is hiring new employees. This process is often tedious and time-consuming for business owners and includes numerous challenges. Highlighted below are four common problems with solutions to help entrepreneurs design a seamless hiring process.
Problem 1: Lack of Training
Tight budgets compel organizations to prioritize, which can lead to a lack of training for first-time employees. Each step as an entrepreneur is often a learning process. This work environment makes it hard to nail down training strategies. When new scenarios continually surface, what is the best way to address the lack of training?
Solution:
Collaborative weekly meetings that discuss current and new processes within the company can be a great solution. During these learning sessions, provide a platform for new hires to learn existing methods from company leaders. A clear understanding of what to do when new conflicts arise allows for less dissatisfaction with employees. Schedule these meetings during the business’s less busy hours.
Problem 2: Delegation
Often, entrepreneurs face a conflict when delegating tasks after developing a company from scratch. Letting go of a need for perfection and control after dedicating hundreds of hours to a startup is understandably tricky. Delegating is unavoidable. Putting it aside can result in being overwhelmed, burned out, or even delaying company growth.
Solution:
When searching for potential employees, start by figuring out what position to fill. Take a step back and look at the big picture. Analyze what lower-level tasks are time-consuming and go from there. When entrepreneurs try to hire employees for high-level tasks before learning how to delegate lower-level jobs, complications will most likely arise.
Problem 3: Finding Diamonds
Entrepreneurs need to hire employees that will help grow the company. The process of selecting the ideal candidate can be like finding diamonds in a haystack. After going through multiple candidates, interviewing, and hoping an ideal candidate will accept the job offer, many business owners are left thinking there must be a better way.
Solution:
Be exclusive. Targeting potential candidates is like a marketing campaign. Job postings often lack crucial details and requirements that can be quickly listed to pre-qualify applicants. After acquiring a solid group of candidates, schedule interviews in-house to get to know your candidates personally. Approach the conversation as if the role to fill is more of a partnership to help grow the business.
Problem 4: Less Money
Unfortunately, startups have a difficult time competing with big businesses regarding hiring. New companies are working with tight budgets and evolving processes. A larger company can quickly swoop a great candidate from under you by offering a higher salary. So, what then?
Solution: New companies can offer unique perks that more established organizations fail to give. Substitute equity to make up for the lack of a higher salary. Flexible and remote positions are often a catch for younger employees, too.
Outsourcing your Human Resource work to an experienced partner simplifies one of the most complex and demanding business areas. Together, we can create a better HR environment, avoid pitfalls, and let you focus on what you do best. To learn more, reach out to one of our PEO experts today.