5 Important Hiring Tips When Building Your Company Spend the extra time to vet optimal candidates wisely, and you won't consume precious resources that are critical for your growing company.
By Randy Moore •
Opinions expressed by Entrepreneur contributors are their own.
As an entrepreneur, time is not on your side. Yet spending those tedious hours to identify and vet the optimal candidates for your growing company is crucial.
When your team needs to expand rapidly to meet organizational demands and challenges, it's quite easy to hire the first person who looks good on paper. But making the wrong hire costs about 30% of the individual's first-year expected earnings, according to the U.S. Department of Labor.
Continue reading this article — and all of our other premium content with Entrepreneur+
Join the internet’s leading entrepreneur community! With your subscription you’ll get:
- Access to all of our premium content and an ad-free experience
- A complimentary subscription to Entrepreneur Magazine
- Four free e-books a year and 20% off everything from our bookstore
- Exclusive events with business celebrities and successful entrepreneurs
