According to CareerBuilder’s 2016 Candidate Behavior study, 66 percent of job seekers say they’ll wait less than two weeks to hear back from an employer before considering the opportunity a lost cause and moving on to another.
Small business employers who give back to the community are not only doing good for others, they are benefiting their businesses as well. Not only does volunteering and charitable giving help to foster a sense of community and collaboration among your workers, it gives them a sense of purpose, which increases morale and helps with retention. Having a business that gives back also appeals to clients who want to partner with socially responsible organizations.
You might be your small business’s owner, but you shouldn’t be its only entrepreneur. When your employees think and act like entrepreneurs as well, the entire company benefits. A staff-wide focus on innovation, curiosity and thinking outside the box boosts everyone’s morale and engagement – and can lead your company to new heights. Fostering that entrepreneurial spirit can be an awesome retention tool as well – by providing workers the challenge they crave and fulfilling their desire to make a difference.
There may not be a Michael Jordan of recruiting, but Seth Godin, a bestselling author, speaker and entrepreneur, comes pretty close. Though his expertise is in marketing — Godin is a frequent keynote speaker and prolific blogger — much of Godin’s insight and advice apply to the recruiting industry as well. After all, what is recruiting if not another form of marketing?
You depend on your small business team for input on other vital matters, so why not consider involving them in the hiring of new employees? Because they will work alongside new hires, staff members have a vested interest in finding awesome candidates. Likewise, their intimate knowledge of company culture provides them a great sense of who might fit in well at your workplace.
More employers than ever are in agreement than the current federal minimum wage is not cutting it. According to a recent CareerBuilder survey, only 5 percent of employers said that $7.25 per hour is a fair wage, while 67 percent said they felt a minimum of $10 per hour or more was more reasonable – up from 61 percent last year.