GREAT 138 IDEA: Look Far and Wide for the Best Person

Finding the right person to help grow your business may mean hiring an out-of-towner and paying to relocate that person. Relocation involves a myriad of financial and emotional issues for both you and your employee. It's a complex and expensive process.

A comfortable place to live is important, but a positive relocation depends on many more factors, according to Maryanne Rainone, senior vice president of Heyman Associates, a Manhattan executive search firm. “We talk to thousands of job candidates and know what kind of things are red lights for a prospective employee,” said Rainone.

During the first call, it's important to ask job candidates if they've thought about relocation. If moving isn't ...

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