War for Talent 2.0 – Why hiring now could supercharge your business – and what to do about it. – Part 1
The idea of hiring for your company right now might fill you with dread. With the economy still in turmoil as a result of the pandemic and interviews still taking place remotely, hiring represents a risk. But fortune favours the brave, and a calculated risk now could help supercharge your growth in the years to come. Over the next few weeks we’ll take a look at why and how you should be hiring now.
So you’re taking the jump and shifting into hiring right now and right here. Well done! But as you begin to define the type of person you want to join your business, it’s worthwhile pausing and planning out how you’re going to find the talent that’s going to supercharge your company growth. Let’s consider them:
Last time around, we looked at the What and When of hiring great talent – the basic building blocks. But figuring out the How is the long-term challenge for growth. Here is where leadership, expert strategy, and culture play a part.
Over the last few posts, we’ve looked at how and why now is an excellent time to hire talent and grow your start-up. But the story doesn’t end when you’ve hired your talent; the next challenge is retaining and rewarding them. In today’s tumultuous economy, talented employees may be less willing to take risks, but when the economy starts growing again, the willingness to take risks for greater rewards will return. A system which enables you to reward talent is going to stand you in good stead for retaining them – happy employees will rarely leave.