Recruitment News
Hiring Tips For Better Employee Retention
- Scott Rojko
- 16 Aug 2018
Hiring the wrong person for your company can take a big bite out of your revenue. In fact, the cost of onboarding the wrong person can be about 30% of their earnings in the first year. This is why hiring the right person is so important. Whether you’re using a HR consultant or getting involved in the process yourself, these hiring tips set you up for better employee retention.
Don’t rush
There can be a lot of internal company pressure to fill roles as soon as they’ve come up. Suddenly there’s a gap in your team and everyone’s working harder to keep the ship afloat. But many new employee terminations result from rushing through the recruitment process, which becomes even costlier than having the position open for longer. Don’t rush to hire someone, take your time to find the right person.
Set expectations
Employer and employee expectations are never more unclear than during the first weeks of work. Start setting your expectations as early as the interview stage, and get a feel for your candidate’s own expectations of the company. One way to do this would be to outline what accomplishments you’d like to see in a set period of time and to ask the candidate what strategies they’d use for delivery.
In medias res
This latin phrase means ‘in the middle of things,’ and refers to starting a story in the middle of the action. While we don’t suggest hurling your candidates into real work situations during their interviews, it’s useful to describe a real situation they’d encounter on the job and get them to describe how they’d work through it. This will paint a good picture of their approach, their competence and their style. You’ll also gain insight into their past experiences and even their training, factors which play into their approach.
Choose a person, not a piece of paper
A resume will tell you where this person has worked in the past, what qualifications they hold, and possibly their achievements throughout their career. What the resume won’t tell you is whether this person is a good match for your company. Google set a precedent when the company decided to hire only those with a passion for achieving the company’s mission, rather than those that looked good on paper. When meeting with candidates, find out if they’re a good fit for your company culture, and whether their vision aligns with your own.
Talk to a construction recruitment specialist about how you can hire better staff today.