I would suggest you offer short term fixed term contracts subject to renewal. By this I mean, you can offer quarterly rolling contracts which are subject for renewal. If at the end of the three months you can afford to keep them you renew for a further three months if you cannot then the contract will end there.
Also, you can try a casual or temporary worker model where you hire people for the periods you need assistance. You can also tap into family who may be willing to help for free so you can pay their transport and lunch only.
Lastly, you may have to hold on before hiring people if consistently paying wages, SSNIT, PAYE will be a problem. You may also have to assess whether you need to hire someone right now or you can wait until things improve with your inflow.
Today’s post is by Anita Wiafe-Asinor, Managing Director of OML Africa and was first published on Quest, a Q&A portal for the business community.
