How To Hire The Best When Your Budget Is Tight

Printer Print Email Email

Fremont: Jack Welch once said, "If you pick the right people and give them the opportunity to spread their wings—and put compensation as a carrier behind it—you almost don’t have to manage them." Startups are generally on a shoestring budget and might not afford to hire the top professionals, like big companies do. But there are several categories which are generally overlooked by the big firms, which can be tapped by the startups. Interns, retired professionals, part-time workers, and others can provide a good alternative; and would be light on the startup’s budget too. Here are a few categories which can be explored to get your next best hire.

Interns

college, students, interns, internship, company Majority of the college students need to do a project in a particular industry as a part of their curriculum for a specified period say three to six months. The students would need industry exposure while your company would be able to get the required labor, and they need not be paid huge amounts that a professional would charge. They would be able to help startups with small tasks like making reports, aid the company at various events and trade shows, setting up stalls for marketing the company’s products at various venues, handling the internal and external communication, develop content for the websites, and so on. This would enable them to gain industry exposure, make a decent pocket money and the company would be able to get the required labor.



next new