Call our team +44 (0) 207 566 3939

Blog

Tips for SMEs to recruit the best staff

Tips for SMEs to recruit the best staff

by | Jul 9, 2015 | Blog, Business News, Productivity, Tips, Tips & Advice, Uncategorized | 0 comments

How small business can recruit the best staff

The current market scenario is moving at a rapid pace and requires businesses, especially small and medium enterprises (SMEs), to have an impressive capacity for innovation and adaptation. If they merge these elements, their stay in the market will be virtually guaranteed; if they fail the mission, then failure is imminent.
In a process like this, the human factor plays a key role because their skills, talent and willingness depend on corporate development.

SME`s require passionate, committed and staff that are willing to work together to hold a world full of opportunities, where technology has become a detonator of new success stories.

Therefore, the strategic thinking of SMEs must not only concentrate on operating the business and the consolidation of a sound financial structure, but also in attracting talent that will match your needs and goals.

Analysts assert that SMEs should consider the following topics:

1. Structuring systems with full awareness. These economic units have to define the structures and systems that enable them to fulfil their goals. From them, they must guide their search for talent.

2. Create job profiles. The SMEs have to identify the characteristics, knowledge and attitudes that every area of the business demands. For example, look for staff to monitor and manage corporate finance; talent to ensure technological efficiency of the company or to develop marketing activities.

3. Make a market survey on wages. The SME must identify what type of salary offered by their rivals. Based on that information, they should create competitive wage plans.

4. Think about professional development programs. It is essential that SMEs develop programs such as these so that their partners can grow and move up.

5. Find ideal candidates. Getting the best talent is the next step. To achieve this, SMEs have to prepare thoroughly their interviews and get the information they need about the tastes, experience and attitude of the candidates.

6. Provide a great welcome. After weighing up the interviews and references of the applicants, and chosen your new employees, the task of SMEs is to give an excellent welcome. This includes giving a good induction process, where new workers are familiar with the productive activities and corporate business image.

• Strategies for retaining talent in SMEs

Due to the corporate inexperience of SMEs, the learning curve to grow and the economic challenges they face in their first years of life will test their ability to deliver high-quality jobs and retain their talent.

HR specialists explain that, despite the difficulties, SMEs have other alternatives to keep their employees build lasting relationships with them and keep the evolution process of corporate assets; all this without large cash charges.

Among the options available to SMEs to retain their talent and provide a sense of belonging include the following:

1. Personal Recognition. Experts in coaching and human development indicate that to communicate the value of their team`s work will directly affect their mood and conviction to achieve objectives. For employees, it is constructive and encouraging that they really matter to their leaders.

2. Rewards. SMEs can also endorse its commitment to its employees through small actions such as the allocation of free afternoons, the realisation of recreation, outdoor work and so on.

3. Training programs. Investment in the personal and professional growth of the human factor is an excellent mechanism for them to be loyal and increase productivity.
Training solutions, both onsite and virtual, have adapted to the needs of SMEs, making them both affordable and practical.

4. Relaxation of time schedules. Today, employees look comprehensively to balance their personal life with work, a trend that SMEs cannot underestimate. These economic units should analyse the qualities of its employees and the significance of their activities; they can perform management schedules that are mutually beneficial.

Blog Categories

Contact Details

Tel: 0207 566 3939

Fax: 0207 566 39352

Sales: office@capital-office.co.uk

Support: support@capital-office.co.uk

Our Location

Capital Office
Kemp House
152-160 City Road
London, EC1V 2NX

Opening Hours

Monday - Friday: 9.00AM – 5.00PM
Saturday: Closed
Sunday: Closed

All You Need to Know About Limited Company Shares

If you’re set to launch a company limited by shares, it’s important for you to understand all there is to know about these limited company shares and what they mean for your business. Before you begin working via your prestigious registered office address, take note...

Appointing and Removing Company Directors 101

There may be a number of reasons you’ll want to remove your existing company director and/or appoint a new individual to the role. Whether you’re planning a major reshuffle at the top for the sake of changing course of your limited company’s ethos, or an individual is...

Where Do I Send My Stock Transfer Form?

Congratulations! You’re either a newly formed business, or you’ve been running your brand from a reputable business address for some time. But with the plaudits comes the pressure; not least the overwhelming number of documents you must process and submit. And when...

7 Important Roles of a Company Director

You may be the proud owner of a new business, functioning from a credible business address, and envisioning a bright future ahead. But if you’re unsure about exactly what a company director’s role entails, then you may find yourself hindering your company’s progress....

How to Transfer Company Shares

If you’re the proud owner of a business, functioning from a reputable business address, you may soon find yourself making important decisions with shareholders regarding the transfer of company shares.  Shares Defined Before we look at how to transfer company shares,...

Memorandum and Articles of Association 101

Once you’ve obtained a registered office address, your business will be running in earnest along with the presence of a pile-up of paperwork. You can avoid becoming overwhelmed by the inevitable if you familiarise yourself with vital business terms and documents;...

In a hurry and just want some advice?