Written by the Better Business Bureau (BBB)
There has never been a more competitive hiring market in history, making it difficult for small businesses to onboard new employees, who often choose to work for bigger companies. To compete with big companies for top talent, you need to take steps to make your small business more attractive to potential hires. Before we dive into tips on how to compete with big companies for top talent, however, let’s look at what makes big companies and enterprises so attractive.
When you’re first building your talent pool, it can seem like your hiring options are quite limited.
Today’s hiring market is becoming increasingly competitive, especially for small businesses. Top talent is more sought after than ever, and small businesses are finding it challenging to compete with big corporations for these individuals.
Why is it so difficult for small businesses to compete?
- Big companies have a reputation in the marketplace.
- Big companies have the financial resources to attract top talent.
- Big companies have the infrastructure to provide training and development.
The good news is that there are several steps you can take as a small business owner to attract the talent you need. Get five steps for attracting and retaining top talent in your industry from the BBB in a new article here.