8 Ways Your Company Can Save Money By Hiring Remote Worker

8 Ways Your Company Can Save Money By Hiring Remote Worker

Whether you’re a veteran or simply a new business owner, one thing is certain – overhead costs are a big pain in the @&&. So it’s a good thing that modern technology has helped today’s businesses cut down on costs.

You save a lot of money by not paying for office space, construction costs, electricity bill, rental fee, food expenses, and other expenses. You can simply hire your employees and have them work at home. It’s also a big benefit to the employee since they don’t have to worry about gas expenses or commuting expenses. They also work in the comfort of their own homes and they can set their own schedules as well. It’s a win-win situation for both the employer and the employee.

But if you’re still not convinced then take a look at these reasons that explain why hiring remotely can save you a lot of money.

1 Lower Operating Costs for Your Business

You don’t have to worry about renting office space, paying electric bills, paying water bills,  buying office supplies, providing for snacks, office repairs, buying hardware, fixing to plumb, and all those other expenses since most (if not all) of your workers are now working at home.

Based on a poll from Global Workplace Analytics, it was discovered that businesses and companies who allow their employees to work at home have reduced expenses and reduced company overheads of approximately $11,000 annually.

2 Your Remote Workers are More Productive

Working at home has a lot of perks. The most obvious perk would be that of time and travel expenses. Home workers don’t need to travel to the office which saves them a lot of time, they also don’t have to experience the stress of being caught in a traffic jam during rush hour.

Asides from the traffic, home workers have fewer distractions and they can devote 100% of their time and energy on work. Home workers have flexible work schedules that they can even take care of their children, cook their own food, and watch television. This flexible work schedule makes them more productive and it helps them produce high-quality outputs.

According to Tiny Pulse, about 91% of home workers state that they get more work done when they are working remotely.

3 Employee Turnover Will Be Reduced

A lot of employees are being replaced yearly. It’s costly to train new employees and it takes a lot of time and investment to make them as effective as the old ones.  You can convince your current employees to stick around by making them work at home.

According to the Global Workplace Analytics, about two-thirds of employees would switch their current jobs if they could ease the burden of commuting and deal with traffic. By relieving your employees the burden of traffic, you are also ensuring that they would stick around and work for you.

4 You will have more productive and efficient meetings

Payroll has reported that over 40% of office professionals see impromptu meetings as a major distraction in the workplace.

You don’t have to worry about impromptu meetings that hinder you from doing your work. Most impromptu meetings have little value to add and they are often used to kill time in the workplace. It’s even more annoying when people chat and goof around while waiting for the other workers to come to the meeting. You lose at least an hour of your work time in these meetings, an hour that you could have spent working on that project.

You can have more efficient and productive meetings if you have a lot of remote workers. Why? Because meetings have to planned and scheduled in advance which gives you and your employees more time to prepare for the meeting. So no more on the spot brainstorming or fooling around, you can now have meetings that help and improve your employees work rather than hindering it.

5 Your Workers Can Work Even on Sick Days

People in the office often take the whole day off when they call in sick. This would set back your profits and you’ll be at a loss. Remote workers, on the other hand, don’t have this problem.

Your remote workers can work from bed (if possible) when they’re sick. If they can’t work when sick it’s still okay since they have flexible work schedules that make it easy for them to catch up with work.

6 It’s Faster and Easier to Hire Remote Workers

Office employees undergo a very long and tedious hiring process. They undergo interviews, handle paperwork, background checks, and they have to be sorted out by the HR department. It would take a few days at best to hire a new employee.

Hiring a remote worker, on the other hand, can simply be done within a 24 hour period. There’s no bureaucracy that will slow you down.  However this comes at the cost of security and quality, you have to do the background checks yourself and make sure that they are up to par with your company’s standards.

7 You Don’t Need to Rely on Local Talent, You Have the World to Choose From

If your company is located in a big and thriving city. It’s very likely that your employees are also living in the city as well. The cost of living is high and you have to pay them a much higher rate.

However, you can pay remote workers much less since you don’t have to adhere to industry standards. You can pay someone a lower rate but with equal talent, whose living in a rural area and they’d still be happy about it. You can even completely outsource the work and hire workers from across the world.

8 You Can Work Remotely as Well

What’s so great about having all your workers work remotely? Well, it means that you don’t have to go to the office anymore! You’re basically working remotely as well. That means that you don’t have to worry about commuting/ driving, rush hour, and other daily work expenses. You now have more time to spend with your family and you can probably work while traveling the world.

And, here are 3 ways to build trust in remote teams

Founder, Editor-in-Chief
LAStartups.com, Schmoozd.com
A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, and Raytheon. A mentor at LMU Entrepreneur School. And advises a dozen local LA startups building amazing tech in various industries; also invested in some.
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LAStartups.com, Schmoozd.com
A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, and Raytheon. A mentor at LMU Entrepreneur School. And advises a dozen local LA startups building amazing tech in various industries; also invested in some.

Best Project Management Practice For Complex Projects

Best Project Management Practice For Complex Projects

Managing a complex project requires careful planning and an accurate estimation in terms of resources needed and deadlines that need to be met – and this is all prior to starting to execute on the project. Requirements must also be clearly understood, forming the basis of the project plan and helping to clearly define the goals of the project.

Not all projects are worth the time and effort, and sometimes there is a tendency to overestimate the capability of a team. On the other hand, you cannot know the limits of your team unless you take the plunge. If you boil it down, there are only two reasons why a project would not be fulfilled by your team: it is either a matter of ability or of management.

For ability, there is no substitute for good training, hard work, experience, and team synergy. Those four core characteristics are essential.  Hundreds of thousands of scholarly articles and case studies have been done just to find out how to achieve these characteristics, and a short feature in this article will not do them justice.

On the other hand, proper project management is much more straightforward and truly has a gigantic impact on the productivity of a team, ultimately promising results if done correctly. Project management may sound high-level and strategic, and this is partly correct, but, at its heart, project management is actually very simple to learn and achieve. It is the execution part of the process that takes time and effort. Simply put, project management is how a leader fulfills steps in order to complete a project successfully. Here are a few things you can do to make sure that a project is managed properly.

1. Get a bird’s eye view and look for the forest to follow up with focusing on the trees

Whether it be for conceptualizing and starting your project, for troubleshooting and improving the process for the duration of the said project, inductive thinking, or the top-down thinking, can definitely help. By knowing that conclusion that you want to arrive and then start building up from there, the project will have a better structure and the execution would be easier. Looking at the bigger picture will allow you to find the bottlenecks and the problem.

You can do this by either looking at it with the mentality of a third neutral person or better yet ask an expert who has no part in your project. For instance, asking questions in Quora or opinions with your friends in your social media, provided of course that you can trust them with your privacy and secrecy, will definitely help you find a different perspective.

2. Make a superstar team who knows the project well

By superstar team, we do not mean the best of the best, which was very good can be quite costly and a team of geniuses does have its own unique problems. What we mean is that you should make your current team superstars. This is directly related to the first reason why a project could feel like something beyond the capabilities of the team. We are not just talking about the capability but also the synergy of the team. To make it more straightforward, we make the team learn during the project and not just do.

Getting an experienced expert is good, but if you are thinking long-term, which you should, cultivating talent is the way to go. In managing a project, deal with it as an opportunity for your team members to level up, whether by improving on their abilities and talents or by improving the synergy of the team by making them more integrated and knowledgeable about the team members and the long-term vision and goals of your business.

This can be done by integrating tools into your project management that not only remind them of their duties and responsibilities but also make the team aware of where the progress of the project is currently. One way to do that is to use software light Trello or Scoro. These tools will not only give a visual representation people assigned, they will also allow you to put comments and do even time tracking and reports on finances and project progress. If you do not have a project management tool yet, please get one as soon as possible. You will see your efficiency improve by leaps and bounds.

3. Communication should be proper

You may have a plan that has a great top-down perspective and you may have the best tools for your project management, but one thing where a competent team can fail is the breakdown of communications. We are not just talking about the lack of communication. What we are talking about this proper communication. Communication is a two-way process, in the listener or receiver is as important as the sender of the message.

The best way to ensure that there will be no misunderstanding or miscommunication is to use not only a reliable tool but to also properly word your messages. There are communication tools like Slack and in fact, most project management tools have their own communication channels. Instant messaging is best and will beat out not only e-mail but also voice calls because instant messaging is faster and easier to understand.

As for your communications, it is best to use simple language for instructions and more detailed sentences for the process. It is best to start with what should be the result by use of descriptions using adjectives and adverbs and then followed by a series of instructions which has a lot of verbs and concluded by recommendations for processes. That way, your communications are easier to understand and by using words economically.

In simpler words, you can improve your project management by focusing first on the bigger picture, followed by the proper use of tools and lastly by using proper communication channels and techniques.

Overall, a project manager must be an expert in leadership, communication, and organizational skills. With the high workload and stress, it is critical to have the skills required to bring a project to the finish line. Staying accountable and aware of all aspects of the project will guide you to project management success.

Also, try these 10 shortcuts to boost your productivity.

LA Startups Crew
Los Angeles Startups
Santa Monica, Culver City, Venice, Hollywood, and beyond
LAStartups.com is a digital lifestyle publication that covers the culture of startups and technology companies in Los Angeles. It is the go-to site for people who want to keep up with what matters in Los Angeles’ tech and startups from those who know the city best.
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LA Startups Crew
Santa Monica, Culver City, Venice, Hollywood, and beyond
LAStartups.com is a digital lifestyle publication that covers the culture of startups and technology companies in Los Angeles. It is the go-to site for people who want to keep up with what matters in Los Angeles’ tech and startups from those who know the city best.

6 Top Soft Skills You Need To Work At a Startup

6 Top Soft Skills You Need To Work At a Startup

When Google first started, Sergey Brin and Larry Page, set up their hiring algorithms to sift for Computer Science students with top grades from the elite universities. Their belief was that technology can only be truly understood by those who actually studied technology.

They found out much later that this hiring principle wasn’t exactly accurate. In 2013, Google computers tracked all their data concerning their hiring, promoting, and firing of employees. They then found that among the most important qualities of the most successful Google employees, STEM knowledge actually came in last!

The other more important skills are what we call “soft skills”. These are the non-technical attributes that help employees become more productive and better able to work with others.

The soft skills that many startup companies today are looking for include:

Communication Skills

Being able to communicate well is a crucial skill if you want to work well with others. After all, what’s the point of having a good idea if you can’t communicate well enough to convince the other team members about the merits of your idea? If you’re able to communicate well, then you can help convince the rest of the team to believe in your idea. They can understand the idea because you’re able to explain it.

Self-Awareness

This is the ability to recognize how your words and actions affect others. A successful leader needs to develop this mindset because they can then discover how to encourage and motivate others properly. They can also avoid awkward situations when their words and actions hurt and offend their teammates.

Project Management

This means you’re able to organize the work and the team, you can focus on the task at hand, and can work under pressure and time constraints. Even if you’re not the project manager, you can do your part by meeting your deadlines.  You can give updates on your progress and send alerts if you’re having trouble.

Perseverance

You should be able to commit to an assignment until you complete it, even if takes longer than what you anticipated. This also means you need to be flexible, as requirements may change before the due date and you should be able to adapt to the new scope of the project.

Team Mentality

Plenty of people automatically say that they’re a team player, but of course, it isn’t always true. The true team mentality is about getting the work done and helping out one another. But some people seem more focused on getting credit for the success of foisting blame on others when things go wrong.

Willingness and Ability to Learn

Things change all the time, and that’s especially true in the workplace. What employers are looking for are workers who can change with the times and adapt to the new conditions. You can’t be dead-set on using traditional ways when new and more effective tools and processes become available. This means you need to demonstrate your willingness to learn, and that you can and have learned before.

During your job interview, it’s not enough that you demonstrate your technical proficiency for the job. Try to demonstrate these traits in your responses to interview questions, as these are the traits your future employers are looking for.

Also, check out these 5 Things NOT to Say to a Recruiter

Founder, Editor-in-Chief
LAStartups.com, Schmoozd.com
A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, and Raytheon. A mentor at LMU Entrepreneur School. And advises a dozen local LA startups building amazing tech in various industries; also invested in some.
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LAStartups.com, Schmoozd.com
A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, and Raytheon. A mentor at LMU Entrepreneur School. And advises a dozen local LA startups building amazing tech in various industries; also invested in some.

How to Build a Better Tech Talent Pipeline

How to Build a Better Tech Talent Pipeline

In the tech industry, your brand is only as good as the talented people you have. That’s why you need to make sure you have a strong tech talent pipeline.

If you’re in the tech startup world, then you’re certainly quite aware that competition is growing fierce these days. It’s like there’s a new company cropping up each day. This increasingly crowded space simply emphasizes how you need to have the talent your business requires to get ahead of your competition. But how you can build a strong tech talent pipeline when there’s a lot of demand and the supply isn’t up to par?

A Smaller Talent Pool

This disparity between the great demand for talent and the scarcity of tech people is one of the main challenges to building a better tech talent pipeline. Recent studies indicate that the pool of tech talent from which the industry can draw may dry up by the year 2030.

Not that this is surprising news. Surveys reveal that almost two-thirds (65%) of CIOs foresee that this scarcity of talent will cripple the industry in the future.

It’s even happening now. Companies are increasingly becoming dependent on new technology to generate value for their products and services, but they have not invested in the needed human capital to keep the tech coming.

As a result, these companies reap what they sow. Up to 86% of companies are having difficulties finding and enlisting the tech talent they require. Almost as many companies feel that the tech talent they have is insufficient, leading to delayed development and missed revenues. The talents they have in turn are overly stressed and more of them feel burned out.

Overcoming the Challenges

So what can you do in light of these problems? Here are some suggestions:

  • Make your company more attractive to potential hires. That means offering competitive salaries and benefits. You also need to customize your approach so that you can hire specific points about your company that will attract a particular potential employee. You have to consider what their goals are, and figure out how your company can help them achieve those goals.
  • What’s more, you need a healthy company culture that actually entices people to stay. Some companies are so enjoyable for workers that they refuse higher bids for their services, knowing that other companies may have a worse working environment.
  • Enhance the training for your current workforce. If you can’t find the trained talents for your needs, you may find them among your current employees. Or you can find the workers with the right potential and then offer to cover their training. You can then support them when they learn new technologies and new coding languages.
  • Invest in high school students. Identify which students have the smarts and the character that best suit your needs, and then help them out. Perhaps you can offer to pay for some training, or even offer a partial scholarship. At the very least, the relationship you forge will then make your company first in line as prospective companies to work for when they graduate from college.

Admittedly, these measures don’t hide the fact that a dwindling talent pool is a serious problem for the tech industry. But by considering our suggestions, you can do better than your competition in dealing with this issue.

Founder, Editor-in-Chief
LAStartups.com, Schmoozd.com
A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, and Raytheon. A mentor at LMU Entrepreneur School. And advises a dozen local LA startups building amazing tech in various industries; also invested in some.
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LAStartups.com, Schmoozd.com
A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, and Raytheon. A mentor at LMU Entrepreneur School. And advises a dozen local LA startups building amazing tech in various industries; also invested in some.

4 Secrets to Retaining Your Tech Talent

4 Secrets to Retaining Your Tech Talent

The supply of tech talent is dwindling, so how can you entice your current tech workers to stay? We have some tips to help you convince your workers to remain.

Many smaller tech companies these days feel like they’re the Kansas City Royals when they have great shortstops and pitchers. Once the Yankees and the Red Sox come calling, these small market teams have to no choice but to say goodbye to their superstars.

Is it then inevitable that you’ll lose your tech workers when headhunters dangle more lucrative salaries for these wizards? Not necessarily. There are ways for you to foster the kind of work environment that makes people want to stay. To achieve that type of work environment, here’s what you need to do if you’re the boss:

1. Remember the Human Element

Sometimes we just think of our employees by their job titles and what they can do for the company. But they’re not just chess pieces we move around the board. These are people, with human emotions and beliefs. You can’t forget that.

That’s why you need to learn how to emphasize and listen to your employees. One way to improve your skills in these aspects is to take coaching courses and read coaching materials. You’re more like a coach of a sports team rather than a chess player with unfeeling game pieces.

2. Have a Clear Vision and Mission

It’s not just money that drives people. Sometimes it’s as simple as wanting to succeed, especially when the purpose is something they wholeheartedly believe in. To help your employees get on the bandwagon, you have to make it clear what your company’s vision is regarding its purpose. Workers are then more apt to be motivated to work for a noble purpose, and they’ll be more engaged.

Disengagement is a huge problem with workers, as this state makes them more likely to leave and find something more engaging. That’s why you need to set clear goals. Your workers need to know that what they’re doing is actually important.

3. Help Your Talent Become Better Leaders

You should have processes that support team leaders, especially those who have been thrust into leadership positions for the first time. Helping them to succeed helps your company in many ways, as you improve the productivity of those teams. In addition, you give your new team leaders a sense of belonging in your company, as they have a greater influence on the success of your business. Once they believe that your company is also in a way “their baby”, they’re less likely to abandon their position for a new company.

4. Offer Recognition

It’s no secret that the majority of employees tend to work harder when they’re recognized for their efforts. They’re disheartened when their efforts are seemingly ignored, which tempts them to leave for other companies where their efforts may be more appreciated. You don’t need to give them lavish prizes—just offer the recognition in a timely manner and make it personal. Make sure it’s sincere, and not just something that seems forced.

Remember, people aren’t always motivated by money. People can love their jobs not just because of the money, and if they love their job while they work for you they’re less likely to leave.

Founder, Editor-in-Chief
LAStartups.com, Schmoozd.com
A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, and Raytheon. A mentor at LMU Entrepreneur School. And advises a dozen local LA startups building amazing tech in various industries; also invested in some.
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LAStartups.com, Schmoozd.com
A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, and Raytheon. A mentor at LMU Entrepreneur School. And advises a dozen local LA startups building amazing tech in various industries; also invested in some.

Dave.com is Growing, Hiring 8 More Resources


Dave.com is an AI tech startup based in LA, a mobile-based app launched to save you from expensive bank overdraft fees. Dave.com predicts your future expenses and unlocks your upcoming paycheck to prevent Overdrafts. Backed by a great group of investors: Mark Cuban, SV Angel, Skip Paul, Jonathan Kraft, amongst others.

They are looking to hire 8 more talented folks in LA.  Congrats to my buddy Paras Chitrakar on the success!

Check out these awesome gigs …

Product Team

  • Associate Product Manager
    • Seeking an Associate Product Manager who is highly analytical, organized and has experience driving projects in a fast-paced environment. You’ll help us maximize our current product’s potential, and effectively coordinate between engineers, designers, analysts, and stakeholders.
    • Executing on this will require strong qualitative and quantitative research abilities, with a creative mindset and a holistic approach to product management. You’ll work iteratively to ship and test features, partnering closely with research, data, design, and engineering to help improve our members’ relationship with money.
  • Product Designer
    • Seeking a Product Designer who likes tackling ambitious and complex problems. At Dave, our design aims for simplicity above anything else. Financial products are often intimidating and overly complex. Yet, our aim is to make financial data easily understandable and approachable.
    • Your designs have to do more than look good on Dribbble. While being pixel perfect is key, your design should focus on usability and accessibility. Your design will optimize the product for increased growth, engagement, retention, revenue, etc.
  • Product Manager – Growth
    • Seeking a Product Manager who is highly analytical, organized and has experience shipping products in a fast-paced environment. You’ll help us maximize our current product’s potential, and effectively coordinate between our Head of Product and Director of Engineering.
      You will own the product development lifecycle in a cross-functional team with a prioritized roadmap, clear milestones, and short iteration cycles.

Engineering Team

  • Full Stack Software Engineer
    • Hiring a Full Stack Software Engineer with a minimum of 2 years of experience in software development, and strong CS fundamentals and problem-solving skills. You will need to have experience programming in one or more general purpose programming languages, including but not limited to Java, JavaScript, Python, C/C++ or Go.
    • You will work closely with our PM and design teams to define feature specifications and build products leveraging frameworks such as React & React Native.
  • Senior Platform Engineer
    • Hiring a talented Senior Platform Engineer to continue building the foundation that empowers the engineers to build products that help millions of people improve their relationship with money. We’re looking for passionate software engineers interested in backend infrastructure, systems, and security. If you’re excited to join a tight-knit collaborative team with a mission of helping others, we’d love to hear from you!
    • You will need to have 5+ Years of Software Engineering Experience with a focus on Platform and Backend Infrastructure, and strong CS fundamentals and problem-solving skills

General

  • Talent Acquisition Manager
    • Hiring a Talent Acquisition Manager o help shape the future team during an exciting time of growth at Dave. Reporting to the Director of People Operations, this seasoned recruiter will lead and execute hiring efforts for all levels and functions across the company, with a heavy volume in Software Engineering.
    • The ideal candidate will play a critical role in protecting and evolving Dave’s culture by finding amazing talent to bring into the organization, building the employer brand externally, and improving overall selection capabilities.
  • Associate User Acquisition Manager, Social
    • Hiring a User Acquisition Associate to grow our user base. You’ll be focused on growing and scaling Dave’s accounts by driving lower customer acquisition costs and also increasing overall spend. As a member of the Marketing team, the ideal candidate is an asset Week 1, has a passion for optimization and efficiency, and has experience running successful performance marketing campaigns at scale.
    • We’re looking for someone who is driven, analytical, strategic, obsessed with marketing spend efficiency, and will love being part of our close-knit team.
  • Customer Success Associate
    • Hiring a Customer Success Associate with prior experience in tech support, banking or insurance is a big plus. Someone with excellent grammar and communication skills. And, a good human being.

Benefits + Perks

  • Premium PPO Medical and Dental Insurance plan for you and your family
  • A brand new computer/equipment of your choosing
  • Catered lunch 2x/week
  • 1UP Wednesdays where you can teach or learn something new from a fellow Dave
  • Flexible vacation time
  • Basketball hoop
  • Open and creative office space

 

 

Founder, Editor-in-Chief
LAStartups.com, Schmoozd.com
A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, and Raytheon. A mentor at LMU Entrepreneur School. And advises a dozen local LA startups building amazing tech in various industries; also invested in some.
×
LAStartups.com, Schmoozd.com
A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, and Raytheon. A mentor at LMU Entrepreneur School. And advises a dozen local LA startups building amazing tech in various industries; also invested in some.