Why startups should offer retirement plans to their employees

Many startups and small businesses think offering their employees a 401(k) plan isn't in the cards. The budget is tight, most startups think they're too small, and they don't think they can afford the administrative care.This is no longer true. It is possible for your startup to provide a retirement savings plan, and it can be affordable.In this article, we look at why startups should offer retirement plans to their employees. You'll attract top talentYou're more likely to recruit and hire ...
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How startups can maximize their recruiting budgets

As a new company in the early stages, you may not have an excess budget for recruiting and hiring employees.Yet, like any other company, you want the best talent. So, how do you compete for the most competent new hires without a big budget?Let's look at how startups can maximize their recruiting budgets so they can compete with established, larger companies.Focus on the webIt's a given that before anyone submits a resume to work for your startup, they've done a bit of internet research.They can ...
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5 ways to increase talent diversity as you grow your startup

According to a study by McKinsey, companies with more diverse workforces perform better financially. Companies with a diverse talent base are also more productive and have employees that show more initiative.As you grow your startup and continue the hiring process, diversity will be important to your hiring strategy.Increasing diversity and inclusion at your startup takes a commitment from the top down and the bottom up, and it has to start with you.If you're ready to make the commitment to incr...
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Recruiting top talent & how to take emotions out of a situation


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4 tips for startups looking to improve their interview process

As a startup owner, you wear many hats, and so do your employees. One of those many hats may be that of a hiring team and interviewers.Hiring is often a task that everyone must assist with on top of everything that's on their plate.To help you have the most effective recruitment and hiring process possible, check out these four tips for startups looking to improve their interview process. #1: Prepare for the interviewMany startups overlook this important first step. It's easy to do, especia...
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5 ways startups can attract great talent in a competitive market

As the owner of a startup, you understand that money is often a challenge when it comes to hiring.This makes it extra hard to compete for the best talent, especially when the economy is hot, and the jobless rate is low.So, the question is out there, "How do you hire a top-notch team when you are competing against the big guys?"Take a look at these five ways startups can attract great talent in a competitive market.#1: Create an employer brandYou are probably well-versed in how to create a brand ...
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6 things smart leaders do when hiring people smarter than they are

Talent acquisition is an important aspect of your role as a leader. A company is only as good as its people and for the business to succeed, you have to attract, hire and retain successful employees. If you get your hiring process right, you'll have the best team to drive the growth of the business. "And if you get it wrong, it is literally the difference between success and failure," writes founder, CEO and author Alexa von Tobel. Finding and hiring talent is a skill you have to develop, s...
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How the best start-ups manage their talent life cycle

It takes more than a great product to build a successful business; you need a high-performing and diverse team of talented people. As a leader you're responsible for the talent life cycle, which means it's your job to recruit, nurture, and retain the people who are going to drive your company's growth. Here, Henry Williams shares insights from some of the UK's top start-ups and London & Partners' Business Growth Programme's Access to Talent report to explore how you can successfully manage y...
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Returnships offer employers ways to find skilled diverse employees

As an experienced professional, it can be difficult to return to your career at the same level after a lengthy break. Since Goldman Sachs coined the term returnship for the 're-entry internship' concept they launched in 2008, more companies have been following suit. While returnships were developed to help individuals update their skills or develop new skills, and to ease their transition back into work after a career break, companies are discovering they can improve inclusion and diversity in t...
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Why project managers are essential to your business

One of the most challenging decisions you face as a first-time founder is when to start hiring. As your business grows, it becomes almost impossible to stay on top of every aspect of the business and this is when you need to turn your projects over to an expert. Although hiring a project manager may seem like an added expense, in the long run a skilled project manager saves you money—and protects your startup's reputation—by keeping projects on course and making sure you...
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