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3 Places to Find Qualified Hires for Your Small Business
Posted By Rieva Lesonsky On August 15, 2012 @ 2:00 pm In Employment | 9 Comments
If you’re like most small business owners, you’re stretched thin, with everyone at your business doing more with less. Maybe business has picked up a bit and you’ve finally decided to hire.
Well, according to a new study by The Wall Street Journal  and Vistage International, if you’re like most small business owners, you can’t find anyone to hire.
That’s hard to believe in today’s economy, with millions of workers still unemployed. But as of last month, 31 percent of the small business owners and CEOs polled said they had jobs they couldn’t fill because they couldn’t find qualified workers.
The problem was particularly onerous for manufacturing firms, with 41 percent unable to find the right workers. Still, 30 percent of service businesses and 29 percent of retail companies reported the same problem.
Small business owners in the Journal article say the lack of skilled, experienced workers is hindering their ability to expand. While some 36 percent of respondents say they offer training for their workers, training can take time and money a small business may not have.
If you’re on a tight budget and need someone who can hit the ground running, it may be more cost-effective to get along with an unfilled position than to hire someone who not only won’t be productive from Day One, but will also take up another employee’s time to train, lowering overall productivity.
A less popular solution is raising salaries for jobs that are hard to fill. About one-fourth of respondents report they’ve tried this tactic in order to attract better-qualified workers. But not every entrepreneur can afford this option.
By the way, if you think this issue isn’t a concern because most companies aren’t hiring, think again—nearly half (46 percent) of companies in the survey say they wanted to hire.
Where can you find qualified workers with the experience you need? I’m a firm believer in the power of networking—both social networking and the old-fashioned kind. Here are three suggestions:
How do you find qualified workers?
Help Wanted  Photo via Shutterstock
Article printed from Small Business Trends: http://smallbiztrends.com
URL to article: http://smallbiztrends.com/2012/08/3-places-to-find-qualified-hires-for-your-small-business.html
URLs in this post:
 a new study by The Wall Street Journal: http://online.wsj.com/article/SB10000872396390444840104577549131609451256.html?KEYWORDS=hiring&mod=dist_smartbrief
 Help Wanted: http://www.shutterstock.com/pic-97928129/stock-photo-staff-wanted-urgently-sign-on-door.html