HIRING
When Is The Right Time
To Hire ?
3
THINGS TO CONSIDER FIRST
BY : ANDY BUYTING
A
As companies grow , hiring decisions are critical and often difficult . You find yourself asking not only who to hire but also when is the right time to hire ? If you ’ re like most businesses out there , you ’ re not in a state of hypergrowth . If you were , you would constantly be on the lookout for new employees and building your team as quickly as possible . However , if you are like most businesses , you need to think strategically about when you bring new people on .
In my roles as a Scaling Up coach and CEO of Tulip Media Group , I ’ ve seen so many companies — including our own — make poor decisions around when to hire . We ’ ve hired people too quickly , and we haven ’ t hired people quickly enough . Understanding when the right time to hire is for your company can help you avoid costly gaps in your customer service and in your team ’ s workload .
To help you get a better sense of when the right time to hire is for your company , I want you to consider three things first :
1 . Are you hiring to replace someone ? 2 . Are you hiring to fill new positions ?
3 . Are you hiring to staff a startup or a new division of your business ?
ARE YOU HIRING TO REPLACE SOMEONE ?
Let ’ s imagine you walked in on Monday morning and one of your key employees has tendered their resignation . Assuming this person was being utilized well and was a productive contributor to the company , it ’ s fairly obvious that you need to hire right away to replace that horsepower in your team as quickly as possible . However , despite the time constraints you
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