Hiring Process Pitfalls
If you spend some time doing analysis, you’ll see just how much money goes into hiring new employees. It all comes down to money because you are using company resources of all kinds. Time is definitely something that you need to think about because if the process goes on longer than you had thought it would, an enormous drain on your company’s resources can occur. Any time it seems the wrong person was hired for the job calls for some scrutiny. If you have an above average turnover rate in your company, then you must do serious soul searching. Employees aren’t always the ones to blame here but we also understand how difficult it might be for company owners and managers to face some honest evaluations.
Interviewing is the process that first comes to mind when people think about hiring a new staff member. That is just a vestige of what was done for many decades if not centuries. You might be relieved to know that the research has proven that interviewing isn’t the most important part of the process. You want to select the best candidate for your positions. To accomplish this, you need to make interviewing just one part of the total process that you are employing. Interviews offer too many chances for errors in judgment. Plus we all know that everyone wants to put their best foot forward.
When hiring someone new, you need to keep your mind focused on two separate times. Obviously you need help now or you wouldn’t be hiring. So any new hire has to be rationalized by what you need to have done. But overlooking the needs of the future would be a mistake too. If your requirements are short term; you may want to consider temporary help. But a new hire that will be full-time and permanent has to also fit in with your future expectations. Anyone handling the hiring needs to have this mindset.
Although this is probably something that does not require outside help, you might want to pass it along because you do not have everything that is needed to get the job done. But, it would be a smart move to let another professional handle it for you. This is an investment in your business that will pay for itself for years to come. Since it is a known fact that employing the wrong person is expensive, this type of info will get you the right employees.
You need to be good at hiring for your business but that doesn’t mean that the process isn’t going to be a scary one. The business stands to lose all sorts of significant money when you hire someone who isn’t the best fit. Most of the time a company will shrug it off and start all over from the beginning. This isn’t the best response for when things go wrong. Getting the right information so you can prevent it in the future is what’s needed.