{"id":1884,"date":"2017-04-03T07:24:01","date_gmt":"2017-04-03T07:24:01","guid":{"rendered":"https:\/\/staging.miick.com\/?p=1884"},"modified":"2021-08-20T18:52:32","modified_gmt":"2021-08-20T18:52:32","slug":"why-companies-should-view-staff-as-investments-instead-of-expenses","status":"publish","type":"post","link":"https:\/\/miick.com\/why-companies-should-view-staff-as-investments-instead-of-expenses\/","title":{"rendered":"Why Companies Should View Staff as Investments Instead of Expenses"},"content":{"rendered":"\n

It\u2019s really hard to find great people. It\u2019s also really expensive<\/a> to hire the not-so-great people. Forbes Magazine author David K. Williams estimates a single \u201cbad\u201d hire costs $25,000 \u2013 $50,000. A miss on a manager costs at least six times his or her\u00a0monthly salary. Now, it\u2019s easy to see that a good staff is an investment, not an expense.<\/p>\n\n\n\n

The bottom line is hiring \u201cgreat fits\u201d is more productive than hiring mis-fits. Great fits create great guest experiences. At the same time, we have to define what a \u201cgreat fit\u201d actually is. Is it someone who already has experience? Not necessarily. <\/p>\n\n\n\n

If you hire six wait staff with prior experience, for example, each will have a different style of serving. They will still need to be retrained to match the brand and company culture<\/a>.<\/p>\n\n\n\n

So let\u2019s explore some simple truths to hiring, including many pitfalls that companies should try to avoid:<\/p>\n\n\n\n

1) Most companies wait to conduct interviews until they NEED SOMEONE, which is already too late. Instead, anticipate growth patterns and staff needs. Be proactive.<\/p>\n\n\n\n

2) Most companies give away answers instead of digging deep into an applicant\u2019s passion and personal motivators. Never answer questions until all your<\/em> questions are answered. Ask real questions.<\/p>\n\n\n\n

3) Most companies list a set of questions and will check boxes as questions are asked. Dig deeper than this!<\/p>\n\n\n\n

4) Most companies ask close-ended questions instead of open-ended questions. When your applicant mentions a talent or passion that you also share, probe deeper. There\u2019s real opportunity here. If someone mentions a sport, location, company, or musical instrument that you really know about, without tipping your hand<\/em>, go deeper, whether the applicant is \u201cblowing smoke\u201d or speaking with real knowledge. They\u2019re likely going to do the same about their work.<\/p>\n\n\n\n

5) Most companies haven\u2019t\u00a0defined excellence<\/a>\u00a0enough to know what excellence looks like in a candidate. This can change by defining your company culture and values<\/a>.<\/p>\n\n\n\n

Hiring the right people can be as easy as five simple steps. Learn how to hire A+ players by reading the 5-Step Hiring Tips from Miick<\/em><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

It\u2019s really hard to find great people. It\u2019s also really expensive to hire the not-so-great people. Forbes Magazine author David K. Williams estimates a single […]<\/p>\n","protected":false},"author":1,"featured_media":1885,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[9,12,13,20],"tags":[],"class_list":["post-1884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-culture-change","category-hiring","category-staffing","category-training"],"gutentor_comment":1,"yoast_head":"\nWhy Companies Should View Staff as Investments Instead of Expenses | The Miick Companies<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/miick.com\/why-companies-should-view-staff-as-investments-instead-of-expenses\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Companies Should View Staff as Investments Instead of Expenses | The Miick Companies\" \/>\n<meta property=\"og:description\" content=\"It\u2019s really hard to find great people. 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