When your business expands to the point where you feel like you need additional assistance is an exciting moment for a company, but also one loaded with tension and anxiety. Hiring a new employee can be a costly undertaking and finding the right candidate can be a lengthy and stressful process. Sometimes companies decide that they’d rather stretch their current resources further, rather than undertake such a prospect. On the other hand, hiring a new employee can potentially help expand your business and bring greater prosperity and productivity. To help you determine when to hire a new employee, consider the following circumstances and see if now is the right time.
- Your current employees complain of being overworked – Complaints of being overworked are not particularly uncommon in a busy workplace, but by taking some extra time you can determine if the claims are legitimate. Talk with your employees and ask them to validate their concerns about being overworked. Compare those reports with productivity indicators to determine if you might need to reorganize and restructure roles and responsibilities or if it’s time to bring in some additional help.
- Employees talk about needing more time – Your team may say they want to take on more tasks or spend additional time on current ones, but may feel they don’t have enough time do so.
- The demand for your products and services are steadily increasing – If you can determine that increased demand is a positive trend and not just a temporary rise, it might be time to seek additional support.
- You see opportunities for growth, but don’t have the numbers to expand – If you decide now is the time to take a calculated risk to expand in your industry or to a related industry, but your current employees aren’t able to take on more responsibilities, this might be a good time for someone new.
- Growth will require new skills or knowledge – Your current employee’s skills and knowledge may be great for your current level of productivity, but if you plan to expand or grow your business further, you may require increased or new skills and knowledge from new employees.
Are you considering hiring a new employee? Find out how Back Office Support Solutions Operations Support Services can help you expand.
