You’ve probably heard the saying that “quality is better than quantity.“ When it comes to employees, this adage holds true. So here’s a look at some benefits of having a small team of high-quality employees rather than a large team of mediocre ones.
Higher Morale
Morale can affect office performance more than you think. It can affect your employees’ productivity and their ability to get along with each other.
With a smaller team, it’s easier to build camaraderie and goodwill among employees. With fewer employees, there’s less need for workplace politics and backstabbing to get ahead. As a result, morale tends to be higher in smaller businesses.
Greater Flexibility
With fewer employees, your business will be more agile and able to pivot quickly to take advantage of new opportunities. However, if you have too many employees, making changes without upsetting the apple cart can be challenging.
More Engaged Employees
People are more likely to be engaged in their work when they feel they’re part of a team and that their contribution matters. When you have a minor group, each employee can play a more significant role and have more opportunities to impact. As a result, they’re likely to be more engaged in their work overall.
Lower Turnover
Turnover is a costly problem in the United States. However, investing in quality employees makes them more likely to stick around for the long haul. On the other hand, if you hire mediocre employees just to fill seats, they’re more likely to jump ship as soon as something better comes along. Not only is turnover expensive in terms of the costs associated with recruiting and training new hires, but it can also disrupt workflow and negatively impact morale.
Greater Profitability
In the end, quality always trumps quantity—even regarding employees. Having a small team of high-quality employees is better for your bottom line than having a large team of mediocre ones. The higher morale, engagement, and profitability of having quality employees will always outweigh the benefits of quantity when it comes to your workforce.
When building your team, remember that quality is always better than quantity—especially for your employees! However, hiring quality employees can be challenging. Here are some ways to get started.
Offer Unique Benefits
The first step to attracting high-quality employees to your business is to offer unique benefits that aren’t available at other workplaces. Here are some great benefits you can provide to your employees.
Dental
Not many employers offer dental insurance as part of their benefits package. However, this is a benefit that many employees are looking for and can help attract high-quality candidates to your workforce. If you want to stand apart from everyone else, consider shouldering some specialized treatment to your employees. For example, more and more senior employees require tooth implants because they are likely to lose their teeth as they age. By shouldering the cost of this procedure, you can better attract top candidates.
Flexible Work Hours
Many professionals struggle to balance work with family responsibilities. Offering flexible hours or the ability to work remotely can be an attractive benefit to those looking to manage their work-life balance better.
Committed Leadership
Many workers are also looking for a company headed by leaders who believe in the value of quality employees and offer them meaningful opportunities. Offering committed leadership can effectively attract top candidates, as this shows your dedication to your team’s success and growth.
Utilize Social Media
Social media is a great way to find potential employees. You can post job openings on sites like LinkedIn or Facebook and reach a large pool of candidates. You can also look at potential employees’ social media profiles to get an idea of their qualifications and interests.
Conduct Phone Interviews
Phone interviews are a great way to screen candidates before inviting them in for an in-person interview. This will save you time and energy by only bringing in candidates that you think have potential. During the phone interview, ask questions that will allow you to understand your candidate and whether they would be a good fit for your company.
Referrals
Your current employees likely know other people who would be qualified for open positions at your company. Ask them for referrals and see if they know anyone interested in the job. Current employees can also give you insights into a candidate’s qualifications and strengths that you might not be able to see from their resume alone.
There are many ways to attract high-quality employees, so be sure to explore your options when building your team. Not only will this benefit your business in the short term, but it will also help you achieve success in the long run. So consider these tips today and start building a quality workforce!