When is the right time to hire an additional employee?

[Good-Person]

OK , that is nice. As long as you have a little understanding of cryptocurrency and how to predict it market movement , it will be much easier for you with forex because probably the technical analysis may not have so much difference.

My knowledge of cryptocurrency trading is still very limited as I am not a cryptocurrency analysts or a professional trader. However, I still manage to learn new things and i am developing my trading strategy as well.

 

[Gandiba1]

The best time is when you feel that your business is already growing. This way, you would be able to move on without having to rely on other things. Get new employees all the time.

 

[Sincerem]

My knowledge of cryptocurrency trading is still very limited as I am not a cryptocurrency analysts or a professional trader. However, I still manage to learn new things and i am developing my trading strategy as well.

I know it all depends on people's plan and preparation. if I was generating money from cryptocurrency initially I would have saved that money to get advanced training on how to perfectly Make money in this beautiful market. This is the best time to learn.

 

[Sotherefore]

The best time is when you feel that your business is already growing. This way, you would be able to move on without having to rely on other things. Get new employees all the time.

The strength of the business is what should determine the number of employees that must be hired. If the business is growing stronger financially and in production of goods and services then more employees should be hired based on the demand for their products or services.

 

[Good-Person]

I know it all depends on people's plan and preparation. if I was generating money from cryptocurrency initially I would have saved that money to get advanced training on how to perfectly Make money in this beautiful market. This is the best time to learn.

Well, if I were generating enough profits through cryptocurrencies, then I would work more on developing my current strategy and this is something that I plan to do.

 

[Sincerem]

Well, if I were generating enough profits through cryptocurrencies, then I would work more on developing my current strategy and this is something that I plan to do.

That is the best thing for now , it is advised that you do it as soon as possible so that you can try benefiting from the current bear market that is about taking place.

 

[Lynaia]

When the current employees can't carry all the workload at work, you should definitely hire another employee to reduce the stress in the work. You should probably notice this before time as an employer and you don't necessarily have to wait till the employees start complaining

 

[Good-Person]

That is the best thing for now , it is advised that you do it as soon as possible so that you can try benefiting from the current bear market that is about taking place.

Yes, I know the market is really bearish, but I am afraid of investing. What if the market value of Bitcoins drop further? This is what happened a few months ago.

 

[Sincerem]

Yes, I know the market is really bearish, but I am afraid of investing. What if the market value of Bitcoins drop further? This is what happened a few months ago.

What I mean is that If you can consider upgrading your technical analysis skill now , it will be very much easier for you because when the bullish market set in, you can be making profit along with it. That will be the best strategy.

 

[Treborika]

My take on this is if a business has grown actually and Can Sustain itself and that the rate of stock turn over is high, and that the customer influx overwhelms the manpower then it's the right time for you to hire an additional employer.

 

[Shigobad20201]

There will be a time in the organisation when the production will definitely increases since you are getting new and more customer and the work won't be enough for the present workers , then you need an additional workers
There will be a time in the organisation when the production will definitely increases since you are getting new and more customer and the work won't be enough for the present workers , then you need an additional workers

 

[Kojo Sam]

When the owner of the business realise that the workload been on one employee is becoming huge and its affecting the rate of speed of the business it is allowed to hire an additional employee.

 

[tyrim88]

A veteran businessman in a tv interview said that the best reason for hiring an additional employee is when the workload is not comfortable anymore to the present number of employees. Due to the heavy workload makes the present employees to work over time too often. The per hour rate of overtime is expensive so the best solution to avoid overtime work is to hire an additional worker. However, when the business is not doing good financially that hiring is not affordable then there is a big problem with the management.

A good management team should be able to know when productivity is not going on as planed,and this could be as a result of many factor,lack of workforce could be one of them,and to solve this problem,more hands need to engaged.

 

[nana kwasi1]

When you see that your company is making a lot of money and can afford to pay extra employees, that is the best time to hire someone. Another consideration is whether you require the expertise of professionals to fill in some gaps in your company. In that case, hiring employees makes sense.

 

[Ronald]

A veteran businessman in a tv interview said that the best reason for hiring an additional employee is when the workload is not comfortable anymore to the present number of employees. Due to the heavy workload makes the present employees to work over time too often. The per hour rate of overtime is expensive so the best solution to avoid overtime work is to hire an additional worker. However, when the business is not doing good financially that hiring is not affordable then there is a big problem with the management.

Recruiting a worker is entirely dependent on the requirement for extra assistance. Furthermore, the cash flow should perhaps be balanced enough already to absorb the higher expenses of hiring new personnel.

 

[Nadiel sahmen]

The best moment to do this, in my opinion, is when you realize that business at the company is overloaded, at which point you can plan how to hire a new employee.

 

[frederick_9]

When you see that the company is making a lot of money, which would enable you to pay more workers, that is the best time to hire someone.
Another aspect would be whether you require the expertise of professionals to fill in any gaps in your company's capabilities; in that case, hiring staff would make sense.

 

[Joseph555]

you know it is time to hire. As a matter of fact, I don't necessarily agree with that opinion, I think if you want to run an efficient business you need to have the right people with you from the beginning of the business.

 

[Shigobad20201]

There will be a time when you will realise that the work is getting too much for the workers and you are getting more customers with more business and you are making more profits which means you should shed the load from the workers .

 

[Smiles20]

If you see that the business is growing and your employees are becoming overworked then that is the time for you to hire new employees to make things faster and more efficiency.