Creating a New Position - Spark Hire

Creating a New Position - Spark HireYour company is growing the demand is reaching critical mass and youre not sure if you can keep up with your current staff. Sure, you can start overclocking your workers until their cogs fall out of place, but hiring a new employee would be so much easier. So is it the right thing to do?In most cases it would be, but there are certain situations in which you have to weigh your options to see if its truly worth hiring a new employee. There are three important factors you need to account for to make this decision rate of production/service rendering, employee overtime hours, and company budget.Rate of Production/Service RenderingThe first step is to identify whether you truly need to be thinking about hiring another hand on deck. The most basic thing you can check is whether your company can meet the demands of all your customers. If youre capable of meeting demands even with a few growing pains, then theres no problem. But if youre really struggling , or you sense you will be soon, then its time to take a look at your options.Employee Overtime HoursOnce you see that the work is not being finished on time its time to look at employee hours. If you look at the time tables and see employees coming in late and leaving early then its time for a group meeting to talk about putting in the hours theyre being paid for. If you find that the opposite is true then its time to look at step three.Company BudgetPlain and simple, in most cases like this your company will put up the money to hire a new employee. A new employee means more work can be done which ideally means more money coming in faster and just a fraction of that will go towards salary, benefits, and training. Its far better to have workers with a little extra time at the end of the day than workers working feverishly for all 8 hours because then you wouldnt be getting quality work out of your employees.All of these categories need to be balanced in order to justify hiring a new employee. If the scales are tipped then you might find yourself with a profitless quarter or a building full of disgruntled workers. Thats something you dont want.How do you discern a few company growing pains from the signs that youre in definite need of a new employee? Share with us in the comments below.IMAGE Courtesy of Flickr by Casey Serin