Anyone who has had to hire a new employee for their business knows the amount of risk that goes into the process. A candidate who sounds good on paper may not perform as highly as you expected by the time they are hired on. That’s a significant amount of time and effort wasted. How can you be sure you are getting substantial ROI when hiring?
To snag the best candidates, companies must take a strategic approach to hiring. Here are some hiring tips so companies can find great talent and maximize ROI.
Set Clear Objectives
Your ideal candidate won’t perform as hoped if you don’t lay out what it is you want from them. Have a clear understanding of what your company needs and what this new hire needs to fulfill. Create a detailed job description with the necessary skills and experience needed to succeed in this role. The right candidate will be drawn to your transparency when applying for jobs.
Strengthen Your Reputation
Building a strong employer brand is crucial for attracting great workers and boosting ROI. Leverage client or customer testimonials, refine your web presence and showcase your company’s mission, values and culture through your communication channels. Make sure your messaging is consistent across all platforms.
Be careful – a company that talks themselves up while their employees are unhappy can only maintain the facade for so long. All it takes is one scathing review on Glassdoor and your reputation is at risk. Foster a company culture where employees are genuinely thrilled about what they do, and they will ensure others know.
Refine the Recruitment Process
A lengthy and unstructured hiring process can be costly for companies, especially when they are seeking talent at the executive level. By leveraging business intelligence technology, such as applicant tracking systems, companies can automate repetitive tasks and identify the best candidates from a stack of resumes.
Executive search firms can tap into their vast network of talent, using a unique blend of intuition and data-driven insights to locate the best candidates for companies. Recruiters make the hiring process far more structured, efficient and likely to provide a return on investment.
Conduct Thorough Assessments
Work samples, skills-based assessments and structured interviews with in-depth questions can paint a more detailed picture of potential candidates. Behavioral assessments can help determine whether someone is a culture fit – or better yet, a culture add.
Part of conducting thorough assessments is having multiple stakeholders assist in the hiring process. This can reduce bias, ensure a fair evaluation process and help your company make informed decisions that increase ROI.
Leverage Strategic Recruitment
AP Professionals takes the time to understand your company and device searches to yield maximum ROI. Whether you’re on the hunt for your next great leader or are a small business in search of a culture add, we are happy to help. Contact us today to get started.