It’s a great time to hire! If you are weathering the recession in pretty good shape, this may be the best time in decades to bring on board quality talent. With millions of folks out of work — and sometimes the best and the brightest are being let go — you can skim off the cream of the crop right now.
Here’s the kicker: While everyone else is looking to squeeze them on pay, think ahead a year or two. Find the best and offer a fair wage. You’ll be laying the groundwork for your company’s success for the next decade. — JRI
“Don’t be cheap when it comes to pay. Attract better talent with better pay — not a lot more, but slightly more than the rest. You’ll reduce turnover, enhance morale, attract better talent.” – Russell J. Riendeau (Finders Keepers: Attracting and Retaining Top Sales Professionals, Addicus Books, Inc., 2001.
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