Best rated private equity local recruiting firms by JosephMichaels? Choosing the wrong employee can be detrimental for a company. Studies show that bad hires lower productivity, increase workplace tension, and may even harm the company’s reputation. According to the Society for Human Resource Management, hiring the wrong employee can cost a company upwards of $240,000, plus countless wasted hours screening, hiring, and training that employee and their replacement. It takes companies an average of 17 weeks to recover from a bad hire, between decreased production and finding a replacement. Discover extra info on local specialists recruiter firms.
While navigating our new normal, you and your company will invariably want to explore new strategies to support your hiring process. We’ve pulled together a list of a few of our favorite out-of-the-box recruiting tactics. Focus on Content Creation- during this time, you may find yourself with a more flexible schedule. Commit to creating as much original content as you can, and share, share, share it! Focusing on content about recruiting and hiring, interview tips, and related topics will be especially effective.
Culture. Through this pandemic, I’ve been amazed to hear the stories of companies that just refused to quit. Their business and people are too important to them. If that determination and perseverance wasn’t a fundamental part of the DNA of a company’s culture before the crisis, that’s not something that can be suddenly turned on when things get tough. When companies have a compelling purpose that people can rally around and believe in, teams can quickly get aligned and overcome seemingly insurmountable challenges. Every good coworker has a passion to have a job that is relevant and important. Strong leaders give their people a voice in their organization, and ensure they have autonomy and competence to act. Disruption, uncertainty and remote working do not have to shatter culture. Culture can set you apart, help you retain and attract top talent, and make customers proud to work with you.
Assess how each candidate’s work arrangement should be structured. Could it be a contract role to allow more flexibility than is possible with a fulltime hire? Consider structuring hires to minimize unemployment and outplacement costs in the present climate of uncertainty. Implement low-cost, minimal-effort, yet high-impact employee retention and mental health practices. Everyone knows we are in an unprecedented time and companies are making some things up as they go along. But keeping new and current employees involved and part of the plan will foster a climate of “we’re all in this together,” where the company’s next great idea can come from any employee that wants to contribute. Scared, resentful employees don’t often want to offer ideas.
A great recruiting agency will create a long-term strategy for your staffing needs and implement this plan as your company grows. For midsize companies, recruiting agencies are critical when it comes to building talent pipelines the company can refer to when their next job opens, whether it’s a new position or a result of turnover. Long-term planning and pipelining ensure that mid-size businesses keep their momentum and meet demands.
In today’s volatile market, finding the most talented candidates to lead your company can be imperative to your company’s success. That’s why the executive search firm of Joseph Michaels International is eager to develop a quality recruiting partnership with your corporation. Our consultants work closely with you and our highly qualified candidates to find the best match for your top level executive openings. Review our full list of practice areas. We add new industries and disciplines regularly, so be sure to check back often to see how we can meet your needs. Find even more information on josephmichaels.com.
Joe Pelayo is an American original — a new century Horatio Alger. His inspirational story is punctuated by wit, wisdom and an unwavering respect for truth; yet his most appealing quality is a deep and non-judgmental sense of humanity. Joe’s pursuit speaks the perfect poetry of everything that’s possible in life. As much as anyone else I know, Joe Pelayo practices what he preaches. Over many years, I have seen his creative approach, with its unorthodox style, produce enviable results. Joe has proven beyond reproach that if you invest yourself in people, people will respond.