Succeeding in business isn’t just about marketing a product or service. To ascend and secure your position at the forefront of your industry, you need to excel in the art of bringing aboard employees who will show long-term commitment to your organization.
The financial implications of hiring the wrong candidate can be considerable, but the cost of retaining the wrong hire can be even more substantial. According to a study by the Society for Human Resource Management (SHRM), the average cost of hiring a new employee is estimated to be around $4,129. Put that way, it doesn’t sound too costly. However, keeping an ill-suited employee for two and a half years before termination and replacement can raise the cost much, much higher when you factor in total compensation, hiring costs, possible severance, and other related expenses.
The worth of your time and money spent identifying and obtaining top-quality employees greatly outstrips any cost you’ll put into the interview and hiring process. There are a lot of ways to make a misstep Even if you meticulously follow the standard procedures to hire the right individual, you might end up with someone who impresses during interviews but doesn’t deliver in their role. So it’s crucial to have a balanced approach both in evaluating employees during hiring and while retaining employees.
The bedrock of a business isn’t just its financial bottom line – it’s the individuals whose loyalty and focus shape the company and its culture. Your staff are integral to your strategy for building a profitable business. Learning the art of employee recruitment – from locating promising candidates to assessing their performance post-hiring – can save you the time and expense associated with a poor fit.
Strategies For Hiring Exceptional Employees
Hiring based solely on instincts isn’t sufficient to effectively discover, onboard, and assess employees. You need a well-rounded set of skills and strategies.
Define Your Company’s Values
Before you can determine how to hire employees who align well, it’s important to comprehend your company’s ethos. As a leader, you set the tone for your company’s culture and core values, which significantly impact your customers’ experiences. Leading a business means guiding a diverse team of individuals with varying needs, emotions, abilities, and roles. Unless you can clearly convey your vision and the principles your company upholds, your recruitment process may not yield the desired results.
Utilize Your Existing Network
Leverage is a critical business concept that entails utilizing the resources you possess to attain your objectives. When it comes to finding exceptional employees, resourcefulness implies tapping into your network, including referrals from your current employees, mastermind groups or mentors, and even social media. Surround yourself with intelligent, energetic individuals – and then encourage them to share your job vacancy.
Promote Teamwork for Company Wins
A team that doesn’t work together isn’t a team that will help your company win, even if some of those employees are very talented. There are any number of projects companies take on that pass the scale a single individual can tackle alone, no matter how talented. Tools such as the Myers-Briggs Type Indicator (MBTI) can be valuable in evaluating your existing team dynamics and informing your hiring decisions, if only to examine how the candidate responds to thought-provoking questions on the fly. This can shed light on the soft skills, personality traits, communication styles and even the honesty of a potential hire.
Place a Focus on Soft Skills
When it comes to identifying superior employees, recruiters prioritize a candidate’s communication skills. A survey by the National Association of Colleges and Employers (NACE) demonstrated that communication skills occupied a top spot in the list of skills and qualities employers look for. The recruiters surveyed put communication abilities such as speaking, listening, writing, and presenting among the most desirable traits.
Why does a so-called “soft skill” like communication hold such a central place in hiring high-caliber employees? Communication skills can be harder to teach than many hard skills and can make the difference between average talent and exceptional employees.
Evaluate Newly Onboarded Employees
Your responsibilities do not end with hiring a candidate. It’s imperative to follow up, going beyond just asking the typical new hire questions. Dig deeper. Connect with your new employee on a daily basis to understand how they are progressing with training, getting to know the team and what they are accomplishing day to day.
Engaging in regular communication with new employees enables you to promptly detect and address issues, assess their suitability, and if required, part ways. At the end of each day, pose the following inquiries to your new hires:
- Their day’s tasks and the outcomes
- Any issues or obstacles encountered
- Any queries they have for you
By eliciting honest feedback from your new hire, you can also identify areas in your training processes or overall operations that require revamping. This efficient tool could save you substantial resources.
Hone Your Leadership Skills
A business’s strength mirrors the psychological makeup and skills of its leader. Understanding your business identity aids in comprehending yourself more fully and forming a team that can propel your company upwards. Building better relationships is essential to recruiting competent employees, as this rapport ultimately solidifies the relationships that bind your company together. Enhance your communication skills to engender a culture of strategic innovation, where creativity and problem-solving can flourish, and that encourages devoted employees to attract more high-quality talent.
Your hiring practices can considerably influence your business. By understanding how to recruit employees through a thoughtful and strategic onboarding system, you foster a vibrant, passionate team that shines.
Use Temp to Hire Jobs to Obtain & Vet Candidates For Long-Term Employment
Navigating the hiring process can be challenging, but it doesn’t have to be. One of the most effective ways to simplify your hiring process is to partner with a reputable staffing firm like Express Employment Professionals. Our temp-to-hire job listings provide an excellent opportunity to evaluate potential employees in a real-world work setting before making a long-term commitment.
At Express Employment Professionals, we specialize in the placement of top-tier talent in a variety of industries. Our expertise in the recruitment process ensures that you have access to a pool of highly qualified candidates, matched to your specific needs. By using our services, you effectively streamline your recruitment process, save time and resources, and significantly increase your chances of finding the perfect fit for your team.
Moreover, the temp-to-hire model offers numerous benefits. It enables you to assess a candidate’s skills, work ethic, and cultural fit over an extended period, reducing the risk of a costly bad hire. It also provides the potential employee with an opportunity to experience the job and the company culture, ensuring a mutual fit.
Leverage Express Employment Professionals to Streamline Your Recruitment
Don’t let the complexities of the hiring process hinder your business’s growth. Let Express Employment Professionals help you build a dynamic, competent, and committed team that drives your business forward.
Reach out to Express Employment Professionals today and take the first step towards achieving hiring success. With their expertise, you can transform your recruitment strategy and secure the talent that aligns with your business’s values, culture, and objectives. Start shaping the future of your business today with Express Employment Professionals.