Imagine this, you have a project that needs to be done but you don’t have the right people on your team to complete it. So, you open up a job listing, collect resumes, conduct interviews, and finally settle on what you think is the right candidate for the job. Well, the worst possible thing happens. The person you hired ends up incompetent for the job and you’re forced to fire them a few months later with the project unfinished.
The hypothetical situation above represents a worst-case scenario of employee recruitment. When done incorrectly recruitment efforts can produce job applicants who are unqualified for the position you wish to fill, costing you time and resources for making the wrong choice.
Choosing the wrong employee can cost you a lot of money according to a report by the Society for Human Resource Management (SHRM). According to the SHRM report, the average cost-per-hire for companies is $4,129 per employee, with an average of 42 days to fill a given position.
Hiring talented individuals is critical to an organization’s success, so that is why for this blog post we’ll be focusing on how to hire the right employees the first time around.
The Recruitment Plan
So, how should you begin to think about the recruitment process? Below we have outlined a basic model of the employee recruitment process in four steps, each of the steps goes into more detail on each bullet point. The process is as follows:
Pinnacle can help. Call (210) 344-2088 and ask for the HR Department.