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Old 05-22-2007, 11:13 PM   #1 (permalink)
 
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Interesting About to hire my first full time employee -- What to keep in mind?

Guys! I am about to place my first classified ad for a Full Time "Data Entry" employee to do the grunt work of Internet Marketing [submissions etc.] and Manually Updating the Sites.

Since I am located in India so I can hire full time employees at virtually no cost. The average pay of a data entry guy is about $75 a month but I am offering $100 a month plus incentives -- incentives are something not really heard for this job profile in India -- so I really should be able to attract better variety of people.

But the question which I have for ya all is -- What should I keep in Mind When I hire my first full time employee?

I have made a small list below, can you add more to it from your own experiences?
Quote:
List of Things I should keep in mind (With italics as what I am thinking about the thing -- again, suggestions requested) --

1. What I am looking for in Terms of Personality? The person should be willing to LEARN new things and adapt to a rapidly changing environment.

2. What are "key incentives"? Financial Rewards for achieving targets, opportunity to experience how to work with international team and an opportunity for growth.

3. Experience of the Employee. Not too anal about experience but should be inquisitive and willing to adapt. I dunno I usually get a feeling about the person the moment I talk to him or her and I follow my gut instinct. But, Experience in a similar position is preferable but not necessary.

4. What kind of training will I provide? I will not be providing any formal training per-say but sure would have to give instructions personally about how to do things exactly but see point #1.
Any more tips?
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Old 05-22-2007, 11:38 PM   #2 (permalink)
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Don't ever forget that they are an employee. Some people get all friendee-friendly with their employees and then the employees slack off.

Never be afraid to tell an employee he's not doing his share or what he gets paid to do.

Do make sure to keep their work limited to job description tasks at least 95% of the time, if you can't then what you need to hire is an personal assistant and not a regular employee.

Learn to delegate and trust that things will get done correctly, if they fuck up once it's ok, twice the same mistake? they're fired.

Reward good judgement and profits, so for example if you had one employee that in 2 months has helped you double your ROI on certain things reward the fucker, and not some 2 bit shit either, an employee that feels valued is one that will treat his job like he is a partner/owner.

Pay fair, they aren't stupid and they will learn your business model and rinse repeat on their own a lot quicker if you pay crap wages.

I dunno I will think of more. My family has a retail business and I constantly have to deal with and manage employees.
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Old 05-22-2007, 11:45 PM   #3 (permalink)
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$100 a month? Jeez...

If I moved to India, I'd probably be an Emperor.
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Old 05-22-2007, 11:51 PM   #4 (permalink)
 
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$100 a month? Jeez...

If I moved to India, I'd probably be an Emperor.
Think so? Check out Dubai sometime.
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Old 05-23-2007, 12:03 AM   #5 (permalink)
 
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Quote:
Originally Posted by Miguel View Post
Don't ever forget that they are an employee. Some people get all friendee-friendly with their employees and then the employees slack off.

Never be afraid to tell an employee he's not doing his share or what he gets paid to do.

Do make sure to keep their work limited to job description tasks at least 95% of the time, if you can't then what you need to hire is an personal assistant and not a regular employee.

Learn to delegate and trust that things will get done correctly, if they fuck up once it's ok, twice the same mistake? they're fired.

Reward good judgement and profits, so for example if you had one employee that in 2 months has helped you double your ROI on certain things reward the fucker, and not some 2 bit shit either, an employee that feels valued is one that will treat his job like he is a partner/owner.

Pay fair, they aren't stupid and they will learn your business model and rinse repeat on their own a lot quicker if you pay crap wages.

I dunno I will think of more. My family has a retail business and I constantly have to deal with and manage employees.
Wow! Excellent Tips. =) I would be sure keeping em in mind. As far as compensation is concerned, the very reason why I am going to have performance rewards so that they get a fair share for their efforts.
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Old 05-23-2007, 12:06 AM   #6 (permalink)
 
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Quote:
Originally Posted by Max View Post
$100 a month? Jeez...

If I moved to India, I'd probably be an Emperor.
Feel free to buzz me if you want me to help you buy the Jaipur City Palace. :P On a sidenote, my designer is an aussie and he is always saying the same thing to me... if only I could find someone as good as my designer in here.
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Old 05-23-2007, 02:19 AM   #7 (permalink)
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Think so? Check out Dubai sometime.
DAMN! Geekcognito OWNED you, Max.

hahahaha.
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Old 05-23-2007, 04:07 AM   #8 (permalink)
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One of the things you need to do before hiring is work out what happens when they need firing.

How much damage can they do to your business with the information you'll give them ?
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Old 05-23-2007, 06:08 AM   #9 (permalink)
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You should hire a few guys for $75, train them to do stuff and then sell their services (like submitting). Then just expand your business.

Please send me 10% of the profits when you become rich
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Old 05-23-2007, 06:29 AM   #10 (permalink)
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Think so? Check out Dubai sometime.
Dubai ain't in India dude.
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Old 05-23-2007, 06:41 AM   #11 (permalink)
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Quote:
Originally Posted by Max View Post
$100 a month? Jeez...

If I moved to India, I'd probably be an Emperor.
In India there is a huge difference between poor and rich and most of them are poor, but there are *plenty* of VERY RICH people too, so to be an "Emperor" in India you'd still need to be an American billionare and still you'd probably not make it as an "emperor".

But yeah, with a few grand a month you can be well off.

Still, the place to go now would be Bulgaria, not India.
Pay peanuts for a house now, it'll be worth $$ within 20 years, maybe less.
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Old 05-23-2007, 08:11 AM   #12 (permalink)
 
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Quote:
Originally Posted by Ted View Post
One of the things you need to do before hiring is work out what happens when they need firing.

How much damage can they do to your business with the information you'll give them ?
Perfect Question! =) You know after read it I just had one of those duh-oh moments. :P
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Old 05-23-2007, 08:14 AM   #13 (permalink)
 
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Quote:
Originally Posted by Grower View Post
You should hire a few guys for $75, train them to do stuff and then sell their services (like submitting). Then just expand your business.

Please send me 10% of the profits when you become rich
Evil! >:P Though I would be doing "something" like this for a short while, I am more focused on building my own network which would give me a competitive edge that people cannot replicate.

No royalties though but I'd give you more than 10% discount for sure. Hahah!
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Old 05-23-2007, 08:37 AM   #14 (permalink)
 
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Dubai ain't in India dude.
Good call. Damn, there's the egg on my face. haha. For some reason I always thought Dubai was in India.


(guess I shoulda actually read the link I placed in my post, huh?)
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Old 05-23-2007, 10:57 AM   #15 (permalink)
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Good call. Damn, there's the egg on my face. haha. For some reason I always thought Dubai was in India.


(guess I shoulda actually read the link I placed in my post, huh?)
you're thinking of Bombay
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Old 05-23-2007, 11:09 AM   #16 (permalink)
 
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you're thinking of Bombay
Mumbai, as they call it now. =) Though I can't say that it is as great today as it used to be let's say 5 years ago.
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Old 05-23-2007, 03:06 PM   #17 (permalink)
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Dubai ain't in India dude.
Yea, that's what I was thinking.

Either way, it was more-or-less a joke. The amount of money people work for out of the country never ceases to amaze me.
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