Finding an Engineering Position at a Small Company

Now Hiring
Competition in the job market, especially among highly skilled positions like engineers, can force people into positions they take out of necessity. Some of these positions pay well, others offer great benefits, but few offer the whole package. You’re more likely to find these opportunities at a startup, but you trade some of the financial incentives for more fulfilling work. Companies with fewer than 500 employees are engines of job creation.

Here is how you can get in with the right crowds.

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Recruitment Tips for Hiring Financial Employees in Small Business

Recruitment Tips
Running a small business means getting the most out of all available resources. From staff to office space, finding and recruiting the right people and the right environment are integral to the success of any small business. It is not easy to find those employees who will take your business to the next level. The first step is to understand your needs and, in turn, document the types of candidates that will help you meet those needs. Here are some important things to look for when searching for the ideal candidate for internal audit compliance jobs.

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How to Bring out the Best in Your Employees

How to bring out the best in your employees
No business owner or leader wants to hire mediocre employees. They all want the best employees to work for them – those who will provide best customer service, develop the best products, and in doing so help the business grow. The reality is it doesn’t quite work out this way. It starts with hiring a really good employee, who is eager to learn new things and contribute to the business. After some time, however, this passion starts to fizzle out and the employee gets stuck in the rut of doing everyday chores. The end result is the business owner doesn’t get what he had hoped when he hired the employee.

So, what motivates employees to continue giving their best to their employers? What can business owners do to bring out the best in their employees so it creates a win-win for both employees and employers? Here are some tips.

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How can Small Business Attract Young Employees

Apprentice Programs
When it comes to hiring employees what do business owners value more – experience or fresh ideas? In other words hiring experienced employees or young ones? Both can be useful in their own right. Experience can help avoid mistakes that someone would make when he doesn’t quite understand all nuances of business. On the other hand fresh ideas are the lifeblood of any business. Without them businesses will not be able to compete in this hypercompetitive world. Many business owners are on the fence about hiring young employees because they think that they are not quite reliable. They tend to make mistakes hurting the business in terms of lost customers and sales. However, as I will discuss below hiring young employees does have its advantages.

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Where Did All the Tech Jobs Go?

Technology Jobs
There are two sectors of the economy that are supposed to be impervious to unemployment – healthcare and information technology. Tech jobs are supposed to be a constant employment source given the proliferation of mobile computing and the growth of cloud computing. The rise in technical schools, technology boot camps, and IT certifications makes it seem as if the field of technology is only on the upward path.

Overall profits reported by technology companies in the last few years also indicate steady growth in information technology. While not moving as fast as the dot com bubble of the 1990s, industry earnings doubled between 2008 and 2012 and reached over $182 billion in 2012. All predictions had previously indicated that 2013 would also see growth. The forecast was for 7 to 10 percent growth for the entire industry. So many were surprised in 2013 when powerhouse companies such as IBM, Cisco, and even Zynga laid off thousands of workers worldwide. The reasons cited were lack of growth, falling stock prices, a need to restructure, and shift to focus on core products. Two startups blamed the market, stating that buyers weren’t ready for their offerings.

Read on to see the worst offenders in IT job losses and the reasons given by the companies.

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What are the Alternative Job Prospects for Finance Graduates

Job prospects for finance graduates
Finance is one of the most sought after and lucrative career paths for many business school students. It is estimated that almost 30-40% of any graduating class in the business school graduates with a focus on finance. When you think about it the reasons are not too hard to find. The demand for graduates with a finance degree is never going to diminish, except for the unusual dip that was experienced after the Great Recession of 2008-09. These finance experts are needed by all types of companies in all geographies. Finance is an incredibly broad topic to study, yet those who graduate with finance degrees typically stick to one of two career paths – accountancy or investment banking.

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Small Business Dilemma – How to Select Job Applicants for Interview

How to select job applicants for interview
So you’ve put out a job advert and ended up with a pile of CVs on your desk. Great, but now you face the daunting task of whittling down the candidates to three or four to call in for an interview.

A standard CV is maximum two pages long and only provides an outline of the candidate’s skills, experience and qualifications. Although this is useful when you have a lot to get through, it also makes it difficult to gauge person’s ability, personality and suitability for the role. So how do you decide who to invite for a job interview?

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Best Approaches to Screen Resumes to Find Qualified Employees

Best approaches to screen resumes to find qualified employees
Any small business owner who has tried to find employees to fill open positions can tell you how difficult it is to find good employees. Despite all the talk about high unemployment and difficulty people are having to find jobs it is also true that there are number of vacancies small businesses have that are going unfilled because they cannot find qualified employees. This situation will only get worse as economy improves and more and more people start finding jobs.

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How Recruiting Firms Can Help Small Businesses Grow

How recruiting firms can help small business grow
Many small business owners make the mistake of assuming they can’t afford to hire a recruiting firm. In reality they cannot afford not to retain expert assistance when it comes to expanding their labor force. Not only can busy small business owners save time and money, but they can also be relieved of a stress by delegating recruiting to the professionals who can provide qualified candidates both quickly and efficiently.

Recruiting firms help small businesses in multiple ways as shown below.

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Beware of These 5 Traps when Hiring in Small Business

5 traps to watch for when hiring in small business
There are few decisions as important as hiring employees when running a small business. Hiring the right person can take your business to new heights. On the contrary, it doesn’t take long for the business to go in the ditch if a wrong person comes onboard. After all, all businesses, large and small, are largely dependent on their employees to keep them going. The owner or the manager alone cannot take care of everything.

Attrition remains a big problem for all small businesses. It is not surprising to find replacement of the entire workforce within a year. Many small business owners feel as if they are in the constant hiring mode – advertising, interviewing and onboarding employees. How can you expect to do rigorous job when you are always in the hiring mode? However, taking right steps early on and spending extra effort in finding and retaining good employees can pay off in reduced attrition rate, taking care of the nipping the problem from the bud. In an earlier post, I discussed 5 things small business owners must do when hiring. Here we will look at the corollary. What are the traps small business owners should avoid to ensure they don’t end up with bad apples in their employee crew?
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