Scott Maloney recognized a need to empower his team when he acknowledged his need to pursue travel, leadership and volunteer goals outside of his business. He was determined to create a firm staffed with empowered employees.
THE EO BLOG
Hiring a new employee comes with risks. The right hire can drive your company forward to greater success. Invest in the wrong person, however, and you can cause real damage to company culture and productivity. Startup CEOs, in particular, should be wary of making common hiring mistakes.
1. Hiring constantly. A common misstep made by startup entrepreneurs is hiring too often or hiring for a quick fix. Not only will you waste time as you assess candidates, but you also risk wasting money on rash hiring decisions.
2. Hiring someone because you know them. When you hire friends or family members, you set yourself up for a few potential problems. Will that person expect special treatment? If the person doesn’t perform well, will you be able to give honest criticism—or will you lower your standards as you avoid speaking to the person? If needed, can you fire that person—and still remain friends?
By Kristen Harris, EO Columbus member and Co-Founder of Portfolio Creative.
In hiring it’s important to remember people are not commodities, individuals are not interchangeable. Even with equal skills or experience, every person is unique, and so is every company and role. It’s important to find the right person for the right position—that’s an Ideal Fit.
Imagine this scenario: you’ve interviewed two candidates for a position on your team. They are equally qualified from an experience and skills set perspective.
Vethan Law Firm P.C. for Entrepreneurs’ Organization
Are you an entrepreneur or startup founder who is starting to hire employees? Then it’s critical to be aware of the legal considerations of hiring.
The Federal Department of Labor enforces legal policies for employment and is the organization responsible for the Office of Federal Contract Compliance Programs (OFCCP) and the Office of Disability Employment Policy (ODEP), which oversees the American with Disabilities Act (ADA).
Establishing an effective hiring process includes ensuring your business is compliant with all local, state and federal hiring laws—from the job description you post to the final hiring steps.
The importance of student internships is undeniable: An overwhelming 95% of employers say that candidate experience influences hiring decisions. In addition, 75% of companies with student intern programs say the program’s goal is to increase talent pipeline, a fact supported by the 2017 job offer rate for interns reaching 67% with a 76% acceptance rate, according to a survey by the National Association of Colleges and Employers. In essence, internships are the ultimate recruiting channel and play an integral role in shaping a student’s early career path.
So, why are internships seen as modern indentured servitude by some, while for others they represent the first stepping stone in a neophyte’s chosen career? The answer may be because different employers enable―or disenable―interns in varying ways.