If you have been running your start-up business for a while now, you probably understand the importance of having a few members of staff on your team. Running a business alone can be emotionally and physically exhausting – and while some people do enjoy having only themselves to rely on, it isn’t something that always works in the long term. Plus, hiring staff may cost money, but it is also the only way you will guarantee the eventual expansion of your business. If your business has grown wider than you ever thought it could, you may now find yourself in a position where you need to hire people for new roles that you have created within the business. For example, you may have realized that you need someone to act as your PA; or perhaps you need to take a back seat from sales and are therefore looking for someone to take on an executive role in this area. Whatever it is, you will need to go on some form of a recruitment drive. If you are struggling to know where to begin, why not look right under your nose, in your business itself? Here are just a few reasons why you should recruit and promote from inside the business itself.
It saves you time
Running a recruitment drive requires time, energy and money. You may need to take time away from work yourself to hold interviews, or you could even hold recruiting drives which usually take a full day. Although these are both useful if you have the time to spare, unfortunately, very few small business owners do. Recruiting from inside the business, however, is a relatively easy process. You already know the people in line for the prospective job and are aware of their capabilities and experience.
It makes your business model stronger
Any company with a fast turnaround of staff is always going to be regarded as something of a wildcard. Reputation is extremely important in the business world, and you need to make sure that your company is regarded as the kind of place where people WANT to work. Most employees are not looking for a stagnant role; they want the option to progress and develop, with the opportunity for promotion. Never underestimate the power of word of mouth – ending up with a great employee write up, such as in these AlgaeCal company reviews, holds you in good stead with staff and collaborators alike.
You know you are getting the best
Every so often, an employee comes along who is a bit of a bright spark. As a successful business person yourself, you should be able to see the potential in this person, especially if they have already excelled in their current role on the team. When you promote or hire internally, you can be sure that you have the right man or woman for the job. Plus, you also understand their social standing within the team – if you are promoting a popular member of staff to an executive role, you can rest safe in the knowledge that the other members of the team will respect them.
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