How to Compete for Employees When Unemployment is Low

Small business owners are now facing the lowest unemployment rate in a 50 years. Many of them are worried about how they can compete for the best employees for they need desperately for their company. On this week’s Small Business Radio Show, Himanshu ‘Sue’ Bhatia, who was named one of Fast Company’s “Top 25 Women Business Builders in North America”, talks about how every small business owner can find the best people. In the interview, her advice includes: Establish a company culture that people want to work for. Sue explains that if you are going to get the best people, they must ultimately be attracted to your company as a place to work. It is also critical that current employees refer their friends. When they are happy, they will invite other future team members to join them. I think that even some of the fans of the company can become a future part of the team. Sue reminds us that your culture must embrace all the generations in your company and not just cater to one group.