Why is hiring and managing staff important in business?

Hiring the right staff and managing them after they are hired is important to the success of your business.

A strong team can contribute to business growth and help a business owner delegate and achieve leverage.

Why hire staff?

* Your business expands and you need additional team members

* You have a particular role that needs to be filled by someone with specialised qualifications

* You want to free up more of your time as a business owner

* The trading hours of your business have expanded and you need extra staff

* As a business owner you want to focus on other activities that will grow your business.

What to consider when hiring staff

* Will you hire full-time, part-time, casual staff?

* Will you outsource the whole job? Will you employ a contractor instead?

* Prepare a job description and assess whether your business can afford more staff.

* Factor in wages, salaries, superannuation, workers compensation premiums and costs involved in holiday cover.

* If you choose to use a contractor to carry out a particular task, instead of taking on additional; staff, your benefit will be paying according to work done, rather than hours worked.

Also, you will not have to pay for leave or superannuation if you engage the services of a contractor.

* If you decide to use a recruitment agency to help you with recruitment of new staff, find out their fees and date by which you can expect results. Make sure to give the agency a thorough description about the job you are advertising. This will increase your chances of getting the right person on board in your business.

Hiring and managing staff can accelerate your business’ growth. The right team will become a source of support and innovation for your business.