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When Should I Hire My Next Employee?

August 8, 2016

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When a small business employs another person it can be a very big decision. If you are fan of statistics, you can make it sound very impressive. I grew my company by 25 percent last quarter. Really, what did you do? “Oh, I employed my fourth team member!”

When a large business employs another person the decision can be far less significant. For example, if they already have 100 employees and then hire one more the impact on the increase in wages is minimal.

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