The challenges small business owners face are a bit different from the challenges the big guys deal on a daily basis.
The small business owner has the capability and the luxury to meet and know the employees that work for them. Some of the challenges a small business owner faces when dealing with employees are whether he/she is challenging their employees and keeping them interested in remaining with the company.
A bored employee that is not being challenged, or is not utilized well looks for a company that will challenge him. Research has found that Millennials are one of the groups that expect to be challenged and is not afraid to voice their discontent with the status quo if their skills are not being used. If an employee is happy working for your company, don’t be afraid to ask them for any input as to improvements you can make to the internal culture of the business even though he is happy working there. If an employee is leaving the company, make it your job to find out why and whether there was anything you could have done differently.
Many companies have great salaries and incentives to lure top talent to their business, and although a great salary is one of the incentives you can use to attract them to your company, it’s not enough to keep them.
There is a lot of research out there that mention the idea of group collaboration and state the fact that many employees prefer and enjoy the challenge of being part of a team. While this may be true for many startups, every company is different and the goals they want to achieve are not those of a startup. As a small business owner, the possibility of change is easier for you. You can implement change in the company and see it through without looking for approval from the top guys, or even input if the changes are working.
As a business student, you learn that company culture is one of the hardest changes to make, and one of the things hardest to monitor.
Having the right company culture begins by hiring the right people. It is no longer enough to have the computer skills needed for a job, good interpersonal skills have become a prerequisite for many companies for any position within the organization.
As a small business owner, there are many challenges when hiring employees. Fortunately for you, the power and control are yours.
