According to research carried out by Oxford Economics the average cost to hire a new member of staff is a whopping £30,000 over six months. This includes things like recruitment costs, training, mentoring, wages and the cost to get your new employee to full productivity. So, it goes without saying that if you can hire right first time around your business could save thousands of pounds.
Unfortunately, in a time of skills shortages and low unemployment getting it right first time around, every time, is getting more and more difficult. There is no magic answer to a perfect recruitment campaign, and you are always going to have a few bumps in the journey. In fact, 95% of businesses make poor hiring decisions across the UK every year, so if you are experiencing problems it’s not just you!
The problem with a lot of businesses is that no matter how attractive the job on offer might be if the employer hasn’t got a robust recruitment process in place the chances of losing talent through bad practice is greatly increased. From the planning to the onboarding, drop a ball and you risk having to settle for second best or worse having to start all over again.
Getting the hiring process right isn’t rocket science it just needs to be managed well right from the start.
Here are some basic tips that will help you think about how to streamline your recruitment process and start hiring better and quicker.
Make poor recruitment choices a thing of the past and learn the secrets of how the run successful a recruitment campaign. Get in touch and sign up to our interactive workshop that will provide you with the framework, tools and skills to save you £1000’s of pounds in recruitment costs.
Ian Banks
One to One Personnel Director