Top Ten Reasons To NOT Hire!
Submitted by moneyking on Fri, 04/04/2008 - 21:29.
For your consideration: Top Ten Reasons To NOT Hire!
Wait, wait, wait! If you’re thinking that you might need help at your business, here’s some reasons to think twice.
The Top Ten Reasons To NOT Hire!
- You’re bad at hiring. Are you thinking of hiring because you’ve fired your last three employees in as many months? You might need to take a management class.
- You don’t really need the help. If you’ve just let someone go, try working your business without them for a while. You might be pleased with the results.
- The US economy isn’t so hot. Sad to say it, but the economy isn’t looking great. You might need to downsize, not the other way around.
- Your cousin is a joke. This is for people thinking of hiring relatives, because their grandmother gave a recommendation. If your cousin is a joke, then pass. You’ll just wind up with lost equipment, supplies, time and (definitely) money.
- You’re earning interest on that money. Everyday you don’t spend part of your budget on hiring another person is a day that you’re earning free interest.
- You’ll spend less time on paperwork and personnel management. More people means more paperwork, insurance and possible headache. If the numbers don’t make sense for a hire—with associated support given the weak economy—wait for better times.
- You need to restructure. If you’re considering restructuring, then you need to be thinking of cutting before hiring. Trim fat, and then reassess. Don’t tell yourself you’re restructuring by keeping your existing staff and then just hiring other folks to help the people that might be able to do more. Make sure your sales justify a pure employee increase.
- You have no real prospects. This does happen from time to time. You have a job that requires a specific set of skills. You have no one that meets these skills, but have convinced yourself that you can “train” the right person. Depending on the salary level and the time investment, this can be a true gamble of your time and money.
- You have too many people already. A common mistake made by incompetent managers is to hire good people to fix the bad ones. It’s better to clean house then hire one good person at a time as slowly as you possibly can.
- People are always a problem. How often do you think you’ll hire the “perfect” match vs. someone that is just really is wasting your time? Depending on your industry, this can lead to high turnover and therefore high losses. Be sure about about what you want, and WHO you want before pulling the trigger.
Good luck out there.

Keywords: top, ten, employees, hiring, firing, time, money, save
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