Money is just 1 small part of the equation. People are motivated by other things such as freedom (ability to work remotely, set their own hours, set their own holidays), the ability to learn, respect (treating them like a partner/integral part of the business) etc. I haven’t read it, but I’ve heard that Drive by Dan Pink[1] does a really good job at explaining this.
The $4/hour part refers to hiring overseas contractors on places like oDesk. Again, you can get some fantastic people here by designing a position that gives them what they want in other areas. For example, contractors on oDesk are constantly looking for work, so giving them a permanent position where they are guaranteed a set number of hours per week is a great way to attract high quality candidates. I also wrote about this on my blog: http://42insights.com/how-to-hire-a-virtual-assistant/.
Money is just 1 small part of the equation. People are motivated by other things such as freedom (ability to work remotely, set their own hours, set their own holidays), the ability to learn, respect (treating them like a partner/integral part of the business) etc. I haven’t read it, but I’ve heard that Drive by Dan Pink[1] does a really good job at explaining this.
An example of this would be my Hire an Aspiring Entrepreneur strategy, which you can read about here: http://42insights.com/hire-aspiring-entrepreneur/.
The $4/hour part refers to hiring overseas contractors on places like oDesk. Again, you can get some fantastic people here by designing a position that gives them what they want in other areas. For example, contractors on oDesk are constantly looking for work, so giving them a permanent position where they are guaranteed a set number of hours per week is a great way to attract high quality candidates. I also wrote about this on my blog: http://42insights.com/how-to-hire-a-virtual-assistant/.
[1] http://www.amazon.com/gp/product/1594484805/ref=as_li_ss_tl?ie=UTF8&tag=freeagentnati-20&linkCode=as2&camp=217145&creative=399349&creativeASIN=1594484805