When you first started your journey in general contracting, you likely completed most jobs on your own. When you work solo, you can set your own hours, communicate with clients one-on-one, and skip dealing with the headache that comes with the accounting and payroll paperwork for hiring someone new. However, as your business grows and your contacts expand, your business is taking on bigger jobs than you can handle. You may be asking yourself: what do I do now?
Even if you already have a partner, there are many good reasons to add more construction professionals to your team. First, you can tackle projects that are bigger and more high-profile when you have more people to work the job. Also, while you’ll have to do some paperwork initially, it’ll mean less work and more payoff for you in the long run.
Hiring someone new can feel like an uphill climb, but the good news for you is that you don’t have to be an HR expert to add someone to your construction team. Let’s discuss a few tips to help you hire a professional that will become a trusted employee of your ever-expanding contracting business.
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It’s time to sit down and crunch the numbers. Experts recommend you calculate the total cost of having a full-time employee for one year before you hire someone new. If you’re drowning in more projects than you can handle, and your profit margins are high enough to sustain a full-time employee, go for it! An additional pair of hands will be a big help to you and you’ll be able to begin to grow your business and your profits.
There are many factors to consider when beginning your search for the perfect qualified applicant. Here are a few, in no particular order:
Once you’ve set a threshold for pay scale, education requirements, and other qualifications, you can make a thorough job description and begin to put the word out there. Keep in mind, you will have more quality candidates reach out if you choose a quality job site to post on.
Don’t pigeonhole yourself by only advertising in one way; try out a mixture of general and contracting-specific job boards to receive a broad range of qualified applicants. You can also consider advertising on your business’s website or social media, or making connections with other general contractors in online groups or at trade shows.
It can be a daunting task to assemble a construction team after working alone. But experts are calling construction one of the most dynamic industrial sectors to watch in the next 15 years, and there are plenty of workers who want a piece of the action.
If you have the right tools to assess your finances, spread the word, and interview qualified applicants, you’ll be turning your solo act into a duet in no time.
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