A recent survey from Monster revealed that small-business owners struggle with the recruitment process. From start to finish, it's proving to cause a number of problems, the biggest concerns being reputation damage and a loss of productivity. But it's a double-edged sword, as 82 per cent of small-business owners recognise that attracting and retaining talent is by far the number one asset in the pursuit of business success.
Small-business owners waste around 50 hours on every bad hire.
With the recruitment process taking up to four months and for the most part costing more than was to be expected, owners who go at it alone are running into troubles further down the track when the person they picked didn't work out. More than one-third of business owners who had made a bad hire recently estimated that it had cost them more than 50 hours of on-the-job time, not to mention the wasted costs in advertising. And after being burned, it can make it hard to take on anybody new, according to Senior Vice President of Small Business Solutions Meredith Hanrahan.
"Small-business owners struggle to find the right person for the job, and as a result have made the wrong hiring decision on more than one occasion," she said.
Small-business owners set to benefit from outsourcing recruitment
Finding suitable candidates is a difficult process. While you may think that it is your interviewing skills or maybe even the fact you didn't pre-screen candidates that may have led to bad decisions, a smooth recruitment process begins with understanding exactly what you want from the employee. An aligned and optimised job advertisement is needed to attract the right candidates, and then a clear evaluation process that ensures the candidate has the skills to excel. Following your gut can feel right at the time, but there is no guarantee that it will lead to results.
According to Monster, almost two-thirds of business owners would appreciate some help in the recruitment process, but only one in ten actually reach out. By working with a company like Flexi Personnel that understands the value of human capital as much as you do, you can get as much or as little assistance as you need.
Our experienced team can manage your recruitment process outsourcing. We are not here to dictate to you, but can help out at any stage during the recruitment process, be it with advertising, screening and shortlisting candidates, interviewing, or what have you. We will understand your story and will find candidates that fit in with your business' future. Take the wasted time and efforts and all of the worry out of the recruitment process and get in touch with us today.