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Hiring Entrepreneurs: A Case Study of Hiring the Spirit of SuccessAs we continue to mine Dave Melton's book, <i>Hire the American Dream,</i> I thought it would be interesting to highlight a case study that demonstrates just how successful smart hiring can be. Here Melton describes his experience hiring an immigrant. Resource Management: Four Case Studies: Putting the Lid on Rising Employee CostsBusinesses spend an average of $28.87 per hour for each employee, according to recent figures from the U.S. Department of Labor's Bureau of Labor Statistics. This figure includes salary plus benefits such as health insurance, vacation time, and workers' compensation. Overall, 69.7 percent ($20.13) goes toward salary and 30.3 percent ($8.74) to benefits, with 1.6 percent ($0.47) of that benefit percentage going to workers' comp. Do You Have an ERRS?: Hire the Best with an Employee Referral Reward SystemA couple of weeks before any speaking engagement, I distribute a 10-question survey to the meeting participants so I am well prepared to cover their most pressing concerns. One of the questions I ask is: "What is your best source for new employees?" Some of the possible answers are: "billboards, internal promotion, the Internet, job fairs, newspapers, referrals, schools, signage, and walk-ins." In the Zone?: Spreading the Gospel of Wage-Based Tax Credits in Lean TimesYou've cut back on as many napkins and ketchup packets as you can, reduced your maintenance costs, renegotiated with suppliers, and maximized employee efficiency (see page 68)--and margins are still razor-thin. Interested in a way to add some zeroes (000's) to those savings, without spending a dime up front? It's time to take a new look at wage-based tax credits. Hiring Accountability: Take Advantage of Today's Talent--But Do It RightI just returned from the Multi-Unit Franchising Conference in Las Vegas and, compared with the other industry conferences I've addressed so far this year, it was a welcome breath of fresh air. At other industry group presentations this year, attendance numbers were off (one conference was even cancelled at a tremendous cost to the organizer) and the prevailing mood at all of them could best be characterized as an oppressive atmosphere of economic uncertainty and pessimistic forecasts. Not so with the Multi-Unit Franchising Conference group of movers and shakers. And the Answers Are...As you may recall, in my last column I asked if the hiring managers in your organization know the answers to the 15 questions that make all the difference between success and failure in recruiting, selecting, and retaining the best employees. Here now are the answers. "Managering" to Success: Unit-Level Managers Play A Critical Role In GrowthWhen you have only one location, it's pretty easy to work both in your business as well as on it. Putting Business Coaching to the TestIn these tight economic times, many multi-unit franchisees and area developers are focusing less on continuing the remarkable unit growth they've enjoyed for the past five years, and more on improving performance at their existing units. As consumer spending drops, savvy franchisees see increased royalty streams as a more attractive prospect than spending long hours with struggling franchisees, or worse, shuttering failing ones as the U.S. economy continues to sputter. Automated Assistance: Employee Scheduling Systems Optimize Scheduling, Cut Turnover, Reduce CostsWhile there are many good reasons to implement an automated employee scheduling system (two of the more obvious being to control labor costs and improve customer service), few employers realize that there are two additional important benefits to be realized. Are You Tough Enough: Does Your Company Know How To Hire Right?Everywhere you look jobs are being replaced by new technologies and automated systems. |
Jimmy John's franchise success is built upon an unyielding commitment to quality coupled with an unbeatable, repeatable process.
Koko FitClub is the industry’s most exciting fitness franchise; the only health club to utilize advanced technology to provide customized strength and cardio training in 30 minutes or less. Our patented technology makes Koko FitClub affordable...
The Arby's Franchise, a 40-year history doing things different and better. Own a fast food restaurant franchise known for their Roast Beef Sandwiches.
Open your own Togos sandwiches franchise restaurant.
Einstein Bros. Bagels is the nation's largest operator of bagel bakeries and a leader in the "Fast Casual" segment of the restaurant industry. We are now franchising throughout most of the United States. Don't miss this great opportunity!
At Junk King, we supply a strong, no-fail business model and best practices for every franchise operation. You get what you need to succeed.
If you are looking for a solid business opportunity designed for growth, consider the advantages of the Newk's Express Cafe franchise opportunity.
Make deals with the most powerful players in Multi-Unit Franchising. Our 12th annual Multi-Unit Franchising Conference will be held from April 27-29, 2011 at the Venetian Hotel, Las Vegas.
Taft, Stettinius & Hollister LLP is a full service law firm with offices in Cincinnati, Dayton, Columbus, and Cleveland, Ohio and in Northern Kentucky
Perkins Coie LLP serves great companies with more than 600 attorneys in 14 offices across the United States and in China.
Nixon Peabody's Franchise & Distribution attorneys have advised on matters in more than 75 countries and are among the leading lawyers in the field.
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