Hiring the right employees for your business is one of the best ways to improve its productivity and bottom line.
Today, when there are plethora of job options for experienced and skilled candidates, many employees choose to switch their jobs more frequently to get better salary package, environment, benefits, or opportunity.
Employers are well aware of employee turnover and are seeking ways to not just hire the right candidates, but also to retain them.
Bringing a candidate on board is usually a costly venture for an employer. Significant amount of money goes into advertising for the job opening, conducting an interview, training a candidate, and more. After all these expenses, if a company ends up making a wrong choice, it can cost them an arm and a leg.
In addition to finding skilled candidates, there is an inevitable need for businesses to ensure that the applicant is best fit for the job.
Here are 4 tips one must ponder while bringing the right candidates on board.
Job description: Keep it simple
When it comes to writing a job description, less is more. Keep it clear and understandable. Outline required qualification, experience, skills, and expected work ethic. This would help attract the right kind of employee for the job.
Additionally, incorporate other perks of working with your organization, like co-operative and friendly team, relaxed environment, and more.
Use your current employee network
Usually, reference of current employees can help find the right employees for business. People would suggest someone who they believe will be capable enough to do the job since a bad recommendation might have negative impact on their own personal as well as professional reputation.
Revise the hiring process
If your hiring process is complicated or lengthy, revise it at the earliest. Many candidates would not like to wait for days or probably weeks. With other job options available, they are more likely to choose a company with simple and fast recruitment process.
This does not mean you should make hasty decisions while employing candidates. Ascertain that your recruitment process is simple, but at the same time it lets you evaluate your candidate such that you have all the information about his or her work history, experience, skills, and more to make right hiring decisions.
Perform employment screening
Considering the amount of money involved in hiring a candidate, it not worth to take a risk on bad
hire.
According to Society for Human Resources Management (SHRM), a wrong hire can cost up to five times a bad hire's annual salary.
The fact is that many candidates lie on their resumes and fake their way through an interview to get an attractive job offer. Performing employment screening of your potential employee can help verify previous employment, work experience, skills, and other employment related details. This helps ensure that the prospect has all that is needed for the job offered. Conducting past employment verification is a perfect way to mitigate the risk of bad hire and improve workforce safety as well as quality.
Finding the right talent is not easy, but a careful and systematic approach can lead you to desired results.