As a human resources manager, it is your job to find the right people that will help your company grow. In this competitive job market, you can wind up paying a lot of money for an employee that looks like he could be the guy that sparks your company to greatness. But are people who seem to be great really worth the money?
Great people and people who bring a lot of value to a company are team players. The process of interviewing people who come with a lot of experience or are strongly referred by others in the industry is much different than the interview process for most any other employee. There are a few things you need to keep in mind that will help you to determine if an employee is worth the money or not.
Can He Jump Right In?
It is hard to justify paying someone a lot of money right off the bat because anyone that comes in from outside your organization is not going to know how your company operates. There will always be an adjustment and training period where the employee will be learning and not producing.
What (and Who) Does He Bring With Him?
A great sales professional brings qualified leads that can generate revenue instantly. A great logistics manager has shipping contacts that can get your products to market faster than ever before. In order for an employee to be considered great, he needs to have some kind of immediate value that he brings with him.
Does Compensation Need To Be Salary?
Some of the easiest kind of effective employees to hire are sales people. The great sales professionals want a pay structure that compensates them for the revenue that they generate. In that respect, a great sales professional is definitely worth the money.
But what about positions that are traditionally salaried? Great employees believe in themselves and the effect they can have on your organization. If you truly have a great employee on your hands, then a salary plus bonus program would be welcomed by the employee and something that your company can easily afford.
You need great employees to lift your company to the next level. But hiring industry superstars can be expensive. If you know how to create the perfect job offer, then you will be able to hire superstars at a price that you can afford.