If you were constructing an important building, you wouldn’t use low quality bricks to craft the structure. The same philosophy applies when growing a business; you want to make sure that you’re filling your payroll with individuals who are of high caliber and who will not only get the job done but excel in and help to build the position. Hiring the right workers for the job is of vital importance for the health and future of any business, as well as providing you with multiple benefits.
- You’ll save yourself a lot of money.
- If you’re wondering, “wouldn’t it be easier to just hire people who are qualified and then weed them out along the way instead of worrying about finding the best pick?” then I have some answers for you. Bad hires are expensive. To the tune of $25,000-$50,000 expensive. On average, bad hires cost a company 2 to 3 times the amount of that person’s salary, so while it might be easier in the short term to just hire rapidly and then cherry pick out the bad ones, it will be more cost effective in the long run to make strong hires at the beginning.
- You want your employees to care about the bigger picture.
- Employees who don’t really care about the business they work for or their role within the organization are not likely to be highly motivated or even efficient employees. They see the job as a paycheck; you need employees who see the job as a gateway to opportunity and growth. Find people who are excited about your company and what you stand for and will be proud to go to work for you each day.
- You want workers who can grow with the company.
- Sometimes, hiring the best people for the job means hiring people who aren’t necessarily the best at the job — at least not yet. If you’re working on growing your business and shaping it along the way, you don’t want to hire experienced industry veterans who are already set in their ways of doing things and will be unlikely to be flexible and bend as new methods of operation are discovered and implemented. Hire people who are knowledgeable but are still new enough in the position to grow alongside the company.
At the end of the day, think back to the building and brick metaphor: this is your company that you’re building. This is your brain child and your life’s work, so why would you want to hire people who aren’t going to give it the respect and dedication that it deserves?