Are Your New Hires The Right Fit? Three Ways to Evaluate New Contractors

Are your new hires helping or hurting your business? In this episode, I share three criteria for evaluating whether a new hire is a great fit. I cover culture add, price fit, and deliverable fit. Whether it's your first hire or your 10th, this episode will serve you. In this episode, I cover:The key factors to consider when evaluating new hires for long-term success.Why focusing on culture add is essentialThe best ways to analyze price fit and return on investment for contractors.How to determine deliverable fitThe importance of a well-crafted job description for a successful hiring process.<br/>1:1 Coaching spots with me will open again in September. Be the first to know by joining the waitlist!Connect with me further on Instagram @ashawilkersonesqDive into the Money Making Road Map Course.Join me on the email list.Timestamped summary of this episode:00:00:06 - Introduction, Asha Wilkerson introduces herself as a business coach helping service-based entrepreneurs align their business goals with their personal goals, to create a life they want to show up for. In this episode, she talks about evaluating a current hire, whether an employee or contractor, and gives three criteria for evaluation.00:01:11 - Culture Add, Asha explains the importance of evaluating hires based on their culture add and not just financials. Hiring for culture add means recruiting people who have something valuable to bring to the team's existing culture, which builds diversity and variety into a team without losing the benefits of a cohesive group.
00:03:21 - Price Fit, Asha talks about price fit and provides different ways of measuring ROI. It can be measured financially, by a reduction in stress and increase in time, or by the most skilled. She emphasizes the importance of hiring an expert if you can afford it for skilled activities.
00:06:43 - Deliverable Fit, Asha explains deliverable fit, which evaluates the quality of work an employee or contractor produces. If the deliverables aren't on par with company expectations, then the best decision for the company is to let go of the employee or contractor.
00:08:42 - Coaching Program, Asha shares how she has helped entrepreneurs turn their business needs into a job description, so they can successfully hire for their company. She combines her employment law background and people skills to determine the best fit.