Are you a small business owner faced with the issue of how you could attract and retain top talent without offering a high salary? To find the answer to this question and know who can best help you with high risk ACH processing, just keep on reading below.
High Risk ACH Processing & Top Talent With a Low Salary
According to a 2019 survey by Glassdoor, 67% of job seekers and workers are interested in salaries when going through job ads. What about a company that isn’t able to offer a competitive salary but wants to attract and retain top talent? Let’s see how this can be doable:
- Offer Non-Monetary Benefits
You can do this by mentioning the features in the front and center parts of your job ads. However, this doesn’t mean you should exaggerate your company’s picture.
- Promote and Support Your Current Staff
This way, you’ll nurture talent.
- Be Respectful and Helpful
Put yourself in their shoes, understand their personal responsibilities, and offer a flexible schedule.
- Support Your Employees’ Needs for Growth and a Better Life
Lack of time or freedom to diversify job responsibilities will result in burnout.
- Provide Training
Employee training aimed at doing their jobs to the best of their abilities is extremely important.
- Offer Unique Perks and Benefits
Consider giving them more vacation time and focus on making their lives easier. E.g., allow them to bring their dogs with them, etc.
- Startups Can Consider Negotiating Compensation Plans for 1 Year
Tell your candidates you’re negotiating their comp plans for 1 year at a time.
Of course, all these points are crucial for your company’s success. However, if you lack the necessary business funding or don’t use the right payment processing services, you can’t succeed.
Thankfully, there’re reputable merchant services providers that can easily approve you for secure and cheap merchant processing services, such as high risk ACH processing, and alternative financing.
You may find attracting and retaining top talent rather intimidating. However, if you know what steps to take, nothing can be challenging. Just go through the above-mentioned points and choose the right ones for your company.
Author Bio: Michael Hollis is a Detroit native who now lives in Los Angeles. He is an account executive who has helped hundreds of business owners with their high risk ACH processing solutions. He’s experimented with various occupations: computer programming, dog-training, scientificating… But his favorite job is the one he’s now doing full time — providing business funding for hard working business owners across the country.