Recruiting and employing the right people for the right job at the right time is one of the most critical aspects to driving and growing your business. Recruiting qualified candidates isn’t a one time deal. Employee recruitment an ongoing process that ultimately reduces turnover and costs, while increasing productivity. It’s a process that attracts top-performers with the skills, knowledge and abilities that your organization wants and needs. Your employees are your most valuable asset - making employee recruitment your most powerful weapon.
Employee recruiting impacts everything.
Studies show that employee recruiting is the single most important human resources function when it comes to return on investment. This is because bringing in top-performing employees affects every area of your business. Recruiting is the function that attracts and selects future leaders. It impacts your ability to retain workers, create and maintain a positive talent brand, get the most performance at the lowest cost, and ultimately affects your long-term strategy and bottom line.
It pays to recruit properly. Research has shown that companies adept at recruiting had two times better profit margins than companies that were less capable of recruiting. Companies that excelled in employee recruiting also experienced over three times more revenue growth than those with less-capable recruiting strategies. If not handled correctly, employee recruitment can turn into a timely, expensive activity - that will cost you over and over again.
Effective employee recruiting filters in the best workers for your business. In order to create a solid foundation for long term strategic plans, you need to hire employees who are knowledgeable, adaptable, reliable, confident, and loyal. Employee recruitment plays a large role in your organization’s:
- Cost. Poor recruiting practices can result in tremendous losses. If a candidate is not properly assessed, he or she may hinder productivity, need to be retrained or even replaced. All of these actions will cost you time - and money.
- Employee Retention. Poor recruiting can result in the hire of candidates with weak work ethics and tendency to move from job to job - meaning higher turnover rates.
- Employee Loyalty - and Productivity. Recruiting workers who are a great fit for your company culture will feel dedicated to your business - and thereby will work hard to make it succeed.
WORK INSTITUTE CAN HELP
We would love the opportunity to earn your business. Call us now to schedule your free consultation to discuss your employee recruiting challenges.