Immigration Practice News

October 2013 (Vol. 5, No. 1)

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Knowing When to Hire by Kirby Gamblin Joseph E very entrepreneur must decide when is the right time to hire staff. Whether you are ready to hire your first employee or add to your existing staff can be a difficult decision and will involve balancing whether you are producing more work than you are able to handle, with the responsibilities and expenses of making a hire. Some factors to consider in making your decision include: What are your time and your employee's time worth? Determine the quality of life that is important to you and your existing employees. Determine how many hours a day you want to be working and talk to your staff about their expectations. Monitor your caseload and the caseload of your employees to make sure that it is in line with everyone's expectations. additional effort? Are you willing to pay overtime and/or provide a bonus for the additional effort that individual employees may be willing to make in order to avoid making a new hire? What is the best use of your time? Is quality of work suffering? Can the firm afford a new hire? Too many late nights at the office? Are you working on projects or tasks that could be done by someone else at a lower cost which would free you up to do more meaningful work? As a business owner you are in the best position to spend time growing your business while others handle the day to day issues that arise. Are you comfortable delegating to others so that you can focus on the "big" picture? Would it be helpful to your staff to bring on someone to do very basic tasks (copies, entering receipt numbers, filing, etc.) so that they can focus on larger projects that may result in more revenue? success of your business. If quality is slipping because you have too much work to do then you need to consider ways to delegate to others so that quality and quantity are in balance with one another. Are tasks falling thorough the cracks? Have you considered part-time employees? Are you responsible for more work that you can handle? Are you able to get to everything on your plate? What tasks aren't getting done? Maintaining quality of work is imperative to the Until you are able to determine with certainty that you have the necessary revenue to support a new employee, proceed with caution. Think about starting small and then slowly increase Can your businesses revenue support a new employee? Do you have enough profit to cover a new employee's salary? Hiring new staff is a big responsibility. Make sure that you review your profit and loss statements on a monthly basis and are aware of the financial stability of your business. Short term spike in work? If your office became temporarily very busy would your staff be willing to put in additional hours? If so, how would you reward them for their the scope of the position that you are hiring for based on the need and the employee's abilities and job performance. Ready to take a risk? At the end of the day, after considering the costs of hiring and not hiring you may ultimately just need to take a leap of faith and make the investment in your business by hiring. Like all successful business owners, you should expect a return on your investment. So, before hiring make sure that you have a clear idea of your expectations of the new employee and how you are going to monitor the return on your investment. Kirby Gamblin Joseph is Co-Founder and Managing Partner of Joseph Law Firm, P.C. in Aurora, Colorado. Kirby is the 2013-2014 Chair of AILA's Practice Management Committee and has served as a committee member since 2010. 3

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