Attracting Talented Employees On A Really Tight Budget
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Here’s the scenario: you have inked a few deals and can deliver on the products or services, but find that your budget cannot support paying a huge staff to get the job done. No worries, following are a few suggestions for attracting talented employees even if you are on a tight budget.

Make It A Family Affair

Nepotism aside, it makes sense to get the family to help with the business. Whether you are an entrepreneur, start-up company, or are restructuring the company’s division, solicit the interest of family members to help you on the job. A recently retired accountant, or newly graduated advertising major can help you with specialized tasks at work. Part-time or full-time work may be a great fit for them and the company.

Recruit Interns

Interns are a great source for talent. Energetic and eager to learn, interns can add value to a company. College interns are often creative and innovative in their approaches to problem solving. Paid and unpaid internships, part-time or full-time, provide an opportunity to gain practical work experience, and can help students network and learn proper workplace etiquette. What’s more, interns can come and work for the company during summer breaks, and may even decide to come on board full-time once they have graduated.

Hire Part-Time Help

A short cut, but workable solution, is to hire part-time help. For instance, hiring a part-time administrative assistant for $10 an hour may cost $200 per week, versus hiring a full-time staff member that could cost more than four times that amount. In addition to saving on salaries, hiring part-time assistance can also ease the burden on costs for employee insurance and other benefits.

Employment agencies and online advertisements on websites, like www.DCJobs.com, can help you recruit capable part-time staff.

Consultants to the Rescue

For short-term projects, or specialized work, hiring a consultant may be more economical than hiring a full-time or part-time employee. Marketing experts, project managers, and finance professionals can be retained to work by the project, often costing less in the long-run.

Perform Community Service

Some of the best sources for employees are nonprofit groups that help adults assimilate into the work environment. For example, the organization Forty Plus hosts workshops and resume writing courses for retirees and professionals who are in the career transition phase. With chapters across the country, Forty Plus also helps connect the would-be workers with companies who want to utilize their skills on a volunteer, part-time, or regular basis.

The National Transitional Jobs Network, which has satellite offices nationwide, assists women on welfare, youth, and people with disabilities in transitioning back into the workforce. These capable individuals work 20-30 hours per week, earning up to $8.00 an hour. Employers with a tight budget can utilize the workers’ skills, while supporting a great community program.