The hiring process is often new territory for many small to medium sized businesses. Business owners usually go into business because of a passion or skill that they have worked to increase. These skills often do not include any HR consultant knowledge. Yet, your practice of hiring can directly affect the success of your business. Without placement of the best candidates, you will lose customers, and ultimately, profits. Poorly selected employees can actually cause your business to fail overtime. Remember these important hiring steps when selecting the best candidates for your business.
Widespread marketing of opening positions
The more places that you advertise your job opening, the more potential candidates you will have to choose from. If you rely solely on one single job board, you are not getting sufficient employee options. It is also important to post the job opening on all of the large, well known job boards. Even if these postings charge for the listing, it will provide you with better hiring options. If you are unsure of where to post your job opening, utilize the services of an HR executive search firm who tend to have more access to these job boards.
Multiple interview days
You may be tempted to only select one or two candidates for an interview. However, the interview is perhaps, the most important part of the hiring process. Opening up your hiring days and taking more interviews can allow you to make a better hiring decision. You may miss out on the perfect candidate that will carry your business to success if you limit the amount of interviews you complete. If you simply do not have the time to schedule multiple interviews over many days, an HR executive search company is a great option. They are familiar with hiring interviews and can provide you with the top candiates.
A lot of businesses rely on the word of the interviewee. If they say they have knowledge in a specific program, they believe them. Many people stretch the truth during interviews to obtain a desired position. One of the best ways to truly understand a candidate?s job skills is to request a hiring exam. Request that they complete an exam doing their job skills, whether it is Microsoft programs or typing.
A recent survey by Robert Half showed that one third (36%) of 1,400 executives surveyed felt the top factor leading to a failed hire, aside from performance issues, is a poor skills match. The second most common reason (30%) was unclear performance objectives. A hiring exam allows you to view the candidate?s skills, while also giving them an idea of the expected performance objectives. This can significantly cut down on high employee turnover rates that cost the business a lot of money. Executive HR search firms can be extremely beneficial in completing relevant job skills exams.
Follow government mandated hiring practices
The government has set many rules and regulations on hiring practices to ensure that all candidates, regardless of race, sex, or gender have an equal hiring opportunity. It is important to follow these regulations to avoid penalties or pricey lawsuits. If you are unfamiliar with current rules and regulations, either brush up on them or utilize an HR executive search firm. Executive search consultant services follow all updated hiring rules and regulations.
Many studies also show that hiring diverse employees can increase the company?s success overall. McKinsey?s research shows that gender diverse companies are 15% more likely to outperform their peers and ethnically diverse companies are 35% more likely to do the same. Bringing together employees with different backgrounds can be exceptionally beneficial for a business.
Employee turnovers are expensive and time consuming for business owners. This is especially true if the business owner does not have hiring knowledge. With 2.7 million workers voluntarily leaving their jobs at the end of June 2015, a 25% increase compared to two years ago, increased hiring procedures are necessary. Outsourcing hiring to an HR executive search company can solve high employee turnover rates and ensure that the best possible candidates are being hired.
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