Hiring Isn’t As Simple As It Used To Be Getting Back Down To Brass Tacks With An HR Search Consultant
Hiring should be a simple process. You sift through some applications, narrow down to the best few, take them on. Basic enough, right?
The American job market today looks quite different from the one a few decades ago. A lot of what companies know, or think they know, has been laid to waste by a new era. You have application forms that are practically obsolete and frustrated workers who can’t seem to find compatible companies. Chalk that up to employee turnover rates on the rise and you are likely at the end of your rope. An HR executive search consultant might just have the pain relief you’re looking for.
While there’s no cure-all for what ails you and your company’s goals, a career placement agency is well-versed in what it takes to find the right people. Take a minute to look below and see which old-fashioned hiring methods are holding you back.
Companies today are in a bit of a pickle…and that’s putting things mildly. Employee turnover rates are worse than they’ve ever been and are projected only to get more so as remote work becomes more favored. Back in 2015 nearly three million workers voluntarily left their jobs, a 25% increase compared to two years ago. When you look up the skillset of an HR executive search consultant you look for answers in a sea of doubt. Here are just a few of the resources they can offer you.
There are quite a few reasons workers are leaving businesses prematurely. A significant reason is that they’re not being recognized for their hard work. According to a recent Gallup poll a paltry two out of 10 workers believe their manager is doing a good job of encouraging them to do their best. An HR executive search consultant can not just help you navigate the job market, but implement employee recognition programs. Nearly 90% of companies with employee recognition programs in place — such as employee of the month — have cited a notable increase in worker happiness.
Failing to train your employees correctly is also a disaster waiting to happen. A recent survey by Robert Half reached out to nearly 1,400 executives and asked for their thoughts on what, exactly, goes into a faulty hire. One-third felt a poor skills match was the biggest factor to blame, right behind performance issues. The second most common was unclear performance objectives. When you bring on new people you need to make sure you’re not giving them a ‘sink or swim’ scenario. A little training goes a long way.
Executive search consultant companies pride themselves on staying ahead of the curve. That means dispensing with useless, outdated methods and keeping abroad of trends. Diversity is one such factor that should always come into the hiring process, due in no small part to the financial and social benefits. McKinsey’s research has shown gender-diverse companies to be 15% more likely to outperform their peers. Ethnically-diverse are even better off, boasting a 35% higher return on the investment.
Simply sending out an application and spending hours shuffling through resumes and cover letters isn’t the way to do things. You shouldn’t try to catch a specific kind of fish with the widest net possible, right? This logic applies to today’s hiring and training process, whether you’re a manager or a worker searching for a full-time position. A Gallup poll stated Millennials to be the ‘Job Hopping Generation’, with six out of 10 open to a new job at any given point in time. Giving your workers incentive to stick around means finding the right people and following through.
Get back down to brass tacks. Let an HR executive search consultant guide your way through these trying times.