|Hire Staff: Don't Think Big and Other Tips for Picking Those First Few Employees|
|Topic||Entrepreneurship, HR Planning and Recruiting|
|Key Words||Recruitment, hiring, start-up businesses|
Most start-up founders struggle with questions about where to find good candidates for their businesses, whom to hire and when to hire them. Ellen Rudnick, professor and executive director of the Polsky Center for Entrepreneurship at the University of Chicago Graduate School of Business says that there is great danger in moving too fast to add staff. Committing to benefits and salary can be expensive and if an employee doesn't work out and needs to be fired, it can mean not only severance pay but loss of productivity while trying to find a replacement.
|Source||"Hire Staff: Don't Think Big and Other Tips for Picking Those First Few Employees," The Wall Street Journal, May 9, 2005, pp.R7,R8.|
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