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10 Remote Staffing Blunders That Will Cost You Dearly

Startup Professionals Musings

These days, it is almost impossible to find a small business where everything is done by full-time employees, in the office or at home. These approaches allow your startup to grow more rapidly, save costs, but costly mistakes can lead to business failure. Hire and train your own managers for internal and external work projects.

Cost 346
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6 Hiring Principles To Grow The Best New Venture Team

Startup Professionals Musings

Of course, it’s no surprise that most entrepreneurs don’t have a background in hiring teams, and don’t have a budget for training or human resource consultants. He comments that in spite of the digital revolution, the hiring process hasn’t changed from its low priority, last minute, subjective roots.

Hiring 337
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7 Staffing Strategies That May Cost You Your Business

Startup Professionals Musings

Business success is all about having the best team, yet the average entrepreneur has little prior experience with hiring people and building top-notch teams. Hiring requirements must be anticipated and implemented with the same precision and tracking as manufacturing volumes, sales leads, and customer service.

Cost 260
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The Biggest Challenges Of Hiring A Remote Team

The Startup Magazine

A growing number of companies are hiring remote employees. Supplying tools and equipment Your employees will need certain equipment and tools to work. There is no legal obligation to supply this equipment to employees. Should you pay for employees’ internet connection? This is something that you need to weigh up.

Hiring 135
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Effective Management Techniques to Reduce Employee Turnover

The Startup Magazine

Perhaps it won’t be wrong to say these staggering numbers are a wake-up call for organizations to take employee retention seriously. Otherwise, they will (sooner or later) experience the resource drain, high overhead costs & low employee productivity. What Is Employee Turnover? So, let’s get started.

Employee 162
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5 Startup Cost Realities Most Founders Underestimate

Startup Professionals Musings

Image via Flickr by Phil Gyford Starting a new venture still costs real money, even though the entry price has come down dramatically in last few decades. For example, I come from a software background, and back in the early PC days, it could easily cost half a million dollars for a team of professionals to produce a commercial product.

Cost 264
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6 Effective Strategies to Reduce Recruitment Costs and Hire the Right People

Up and Running

Whether you are a cash-strapped business or a multinational corporation, the cost of taking on a new employee is as high as $4,129 per hire. These technological changes also affect the way hiring is done. However, no recruitment team has a bottomless budget or the time for hiring non-stop.

Cost 117