Hiring Decisions: When is the Right Time to Hire?
Growing your business means expanding your operations, while also having a workforce that’s equipped to handle operations at a new scale.
But many businesses hesitate when it comes to expansion, as employee payrolls take up most of the monthly expense budget. This is why the decision to hire more employees is a challenging one for employers at times.
However, it’s possible to drive more profits and safeguard your bottom line if you can identify whether your business needs more employees or not. That’s why we’ve rounded up a few signs that indicate a need to expand the workforce.
Bottlenecks in Production
A bottleneck is a state where a business fails to handle a sudden increase in workload, leading to a significant decrease in overall productivity. If you suspect that a certain department is repeatedly facing bottlenecks, it’s the right time to revise your talent needs.
In many situations, hiring even one or two talented candidates can significantly improve production and revenues.
Current Employees Don’t Have the Required Skills for New Business Ventures
Expanding your business in new dimensions allows you to tap into new markets and a wider customer base. However, implementing ideas for new business ventures is difficult if you don’t have the right human resources.
To tackle such situations and move on to new opportunities, you can hire contractual workers or freelancers with the required skillset to perform new tasks. As Jim Collins said in his book Good to Great, "Great vision without great people is irrelevant.”
If You Can’t Find Time to Perform Your Core Business Duties
As a business owner, you need to look over many managerial issues and tasks. If you find yourself spending a lot of time on learning new skills and performing small duties, hire someone who is already experienced in performing that particular task.
Get a contractual worker on board who can look over some business process while you look at the larger picture. This way, you won’t have to spend time training current employees or yourself for a certain project, and you won’t have to worry about the additional expenses of a new full-time worker.
If you’re facing any of these challenges, leave the hiring to us! OPS Staffing is a reliable staffing firm that helps disaster restoration companies with restoration talent acquisition and construction recruitment by connecting them with experienced professionals that become profitable and long-term assets.
Contact our team today to discuss your needs or call + 1 (888) 482-6019 to learn more about our services.
Posted by: Mitchell Riley
OPS Staffing | + 1 (888) 482-6019