If you’re trying to keep your payroll expenses down but are still in need of high-quality employees, here are some strategies to consider:
Offer internships and part-time challenges to graduate students and upper-level undergrads. They want to get experience and can bring excellent knowledge and skills.
Keep an eye out for displaced "Mommy Trackers"—smart women who’ve left corporate executive positions to start a family or be closer to their children. They can make excellent part-time executives.
Investigate employee leasing and temporary help services.
Get referrals from employees—and don’t be afraid to hire relatives of good workers. You can save substantially on recruiting costs this way.