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RECRUITMENT STRATEGIES

How are you going to hire the best talent, not just those with the experience and credentials, but those that truly align with your company culture and will fit in with the group?  What does top talent look like? 

 

This includes more than SKA’s – skills, knowledge, and abilities.  It includes the behaviors and traits one needs to work collaboratively in your company with other team members and with your customers. 

 

Where will you find this talent? How will you portray your company so that top talent will be attracted to work for you?  What does your company offer you to entice people to work for you? 

 

 

Recruiting Impacts Your Bottom Line

 

 

  • The U.S. Department of Labor estimates that the average cost of a bad hiring decision can equal 30% of the first years earning.

  • The average settlement of negligent hiring lawsuit is nearly $1 million.

  • The Harvard Business Review concluded that as much as 80% of employee turnover is due to bad hiring decisions. 

 

 

The Financial Burden of a Bad Hire

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Studies show that recruiting is the most important human resource function when it comes to the return on investment.  Companies who excel in recruiting generate 3.5 times more revenue growth than their inferior peers. 

Why is it important to evaluate your Recruiting Strategies?
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