Having a sound hiring process can have huge benefits to an organization – from increasing employee retention, to improving company culture – the right hiring process sets up the organization for success by making sure ONLY the right people hired into your company.
Often times, organizations are too busy to change hiring processes or assume that if they continue doing the same thing they’ve always done in the past, they’ll somehow get different results (or simply overwhelmed by the daunting task) – is this true for you?
Here are 5 signs that you should invest time into improving your hiring process:
1.You don’t have a designated team to own and manage the recruiting process, and you can’t afford to make the wrong hire.A bad hire can cost a company anywhere from 25% to 250% of their first year’s salary! (Source: Dice)
2.There is high turnover. Bernadette Kenny reports on Forbes that anything over a 15% turnover rate is considered unhealthy. Short-term employee turnover is especially alarming – and costly. What was your turnover rate last year?
3.Your new employee onboarding is either unclear, inconsistent, or doesn’t exist at all. 22% of staff turnover occurs in the first 45 days of employment (source: The Wynhurst Group). And one of the simplest ways to reduce and control turnover is through a solid onboarding program.
Remote Companies Build Organizational Culture from Anywhere
Brett Putter, CEO and Author, interviewed 500 CEOs that claimed their culture was embedded into their organization. Only 50 CEOs were able to explain how. Wejungo reviews how to create a culture that is embedded into your company.
New Virtual Culture: What does that look like?
How we work and where we work will never return to the days pre-COVID-19. More and more companies are going to continue to offer remote or hybrid work environments, and for good reason.
Facilitate an environment where your team wants to help each other without being forced to do so.
Keeping employees engaged in pre-COVID-19 times was a challenge within itself. Now that our daily business operations have become more virtual it is even more critical to focus on successfully engaging your employees. The following tips will ensure you are engaging both current and new employees through the challenges, the depersonalization, and distractions created by remote work.
We are a leading Talent Strategy Consulting firm specializing in talent management, hiring processes, exit strategy planning, recruiting solutions and employee retention programs. We also have a California executive search recruiting division finding top sales, business development, marketing and operations talent. We love helping companies connect their business strategy to their talent needs.
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