The Next Employee

The Decisive Step for Creating Growth

For a business to create more value than what a single person can produce, the only way forward is to hire the next employee. How do you go about recruiting and hiring the next employee?

Next Employee Examples

To begin, evaluate what needs to be done to cover the investment in a new employee. Usually in a startup, the first employee is one of the following:

Bookkeeper & office assistant who can save you time to focus on services and sales. To be profitable, you need to increase turnover by at least the amount of the new employee’s salary.
Service employee who produces or delivers your product. To be profitable, the employee needs to be able to earn their salary.
Salesperson who takes over sales work, cultivates new markets or sells new products. To be profitable, the salesperson needs to generate enough sales to cover their own salary.

The Recruitment Process

The recruitment process involves planning and delegating the following steps:

Before Recruitment

Employee budget involves estimating the costs and benefits
Craft a job description detailing the tasks and goals
Assess what type of person the company needs and craft an employee profile
Create a job description and post the job

During Recruitment

Prepare questions for the job interview
During the interview, assess competencies and personality
Ask for at least three references
Consider asking favorite candidates to do a test job
Evaluate the candidates, make a job offer, and negotiate
Use standard contracts and consider a probation period

After Recruitment:

Dedicate time for introduction and training
Delegate and have weekly check-in meetings
Ask your bookkeeper or accountant to help setup the employee payroll & salary
Plan employee reviews every 6 to 12 months
Consider how the employee can develop with the job
Work planning, education & training, performance evaluation, and reviews.

Next Steps

Once you have hired your first employee, you can determine what type of employee you want to hire next and calculate the needed turnover for profitability. It would also be beneficial to start crafting the next job description.

Getting Started with GrowthWheel

If you need help with recruitment, the first step is connecting with a GrowthWheel Advisor. Mark Johnson, the Executive Director of the Technology Innovation Center, is a Certified GrowthWheel® Business Advisor.

Once you have connected with an advisor, he/she will send you a 360 screening. After completing the screening, your GrowthWheel Advisor will recommend decision sheets to help guide decision making and create a 30-60-90 action plan that outlines the decisions and timeline.

Send us a message today to get started!