Small Businesses Hiring Problem and the Solution

Chad Lord - Thursday, April 15, 2010

When it comes to hiring, small businesses face all kinds of challenges. The first challenge is finding the time. Developing job descriptions, sourcing candidates, and interviewing prospects are time consuming tasks, and they typically require input from everyone in the organization.  Secondly, hiring is expensive. If you go with a recruiter, they will charge a steep percentage of the starting salary.  If you work on finding candidates on your own, you’ve got the costs associated with your team's time.  Time is money, and you’ve got the double edged sword of the actual monetary cost of time, along with the soft cost of  lost productivity.  

The most obvious challenge when hiring, of course, is finding the right fit for your new company.  Out of the gate, many organizations don’t have a great sense of themselves, their philosophies, or the values that comprise their overall culture.  It isn't easy to find candidates who will fit in with a company’s culture and philosophy when those things are being developed.  To make things even more fun, the interview game is challenging by nature.  Everyone is on their best behavior and presenting themselves to impress.  We've all seen situations where a poor candidate is somehow able to say "all the right things".  It’s easy to be blinded your desire to find someone quickly, and to end up making the wrong hire.  I've seen firsthand the negative impact that a bad hire can have on companies of all sizes.  In general, the younger and smaller the company, the bigger the impact, and longer the recovery takes...
 
Friends of ours over at HireEQ have come up with a way to help small/mid-size businesses overcome these challenges.  They provide an outsourced recruitment solution, and leverage their own platform, and proprietary business processes, to provide all the benefits of an outsourced relationship at an affordable price.  Basically, they take care of the time intensive tasks for you and help you find (and hire) the right people for your open positions.

Where HireEQ really shines is in their ability to find the right fit.  HireEQ is made up of organizational development experts (not your typical “recruiters”) who understand people, business, and cultures.  I’ve actually seen their experts help companies to develop their culture, vision, and identity in previous lives.  They know how to weed through the bull, and help businesses find good people.  While hiring the wrong person can have an incredibly negative impact on a new company, hiring the right person can move a company forward faster than anything else.  I only wish they were around 10 years ago J