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.
Working From Home (WFH) is becoming the new normal for most individuals across the world, and with that, creating and implementing healthy boundaries to distinguish between a work life and a home
life is crucial to avoid burnout.
The issue facing women is the labyrinth to leadership: a series of complexities, detours, dead ends, and unusual paths. We review 3 areas where many organizations’ current designs are biased against women and how to overcome them: 1.) Work-Family Conflict, 2.) Recruiting and Selection, and 3.) Mentorship.
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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