Top CEO local recruiter firm today? Choosing the wrong employee can be detrimental for a company. Studies show that bad hires lower productivity, increase workplace tension, and may even harm the company’s reputation. According to the Society for Human Resource Management, hiring the wrong employee can cost a company upwards of $240,000, plus countless wasted hours screening, hiring, and training that employee and their replacement. It takes companies an average of 17 weeks to recover from a bad hire, between decreased production and finding a replacement. Find additional details at retained executive local recruiting firms.
Implement a new email marketing campaign- nurture your candidates and regularly send them relevant content. Offering advice and interview tips will support them as they try to find employment, while also keeping your company top of mind. Explore new media channels- Does your company use social media? Do you see more success on one site as opposed to another? Try your hand at new posts with a new audience. Post original content regularly.
But it can be difficult for leaders to decide what to prioritize, even in the short term. In my discussions with leaders of small and midsize businesses (SMBs) I’ve heard firsthand how they are facing a variety of new challenges from inventory and supply chain shortfalls to employee capacity, facility remediation, and PPE for employees. The following “Priorities Playbook” shares ways SMBs are successfully managing toward new, shorter-term goals by focusing on four key priorities.
Seek out candidates who embrace the idea that there is ethical opportunity in chaos and will lead or support business development efforts during this tumultuous time. People who feel badly about promoting products and ethically maximizing profits during downturns will be hard-pressed to come up with ideas for new revenue streams, expense reductions, or streamlined processes. Evaluate existing onboarding processes. What aspects can be done virtually? Assess what staff and training resources will be needed for a new hire to have the fastest path to productivity. Ensuring that an effective onboarding plan is in place will be crucial for quickly achieving ROI from new hires as well as retaining them.
Enterprises have a turnover rate of about 10%, meaning a company of 2,000 employees must fill 200 or more positions every year; statistically, this breaks down to over 16 new employees each month. Keeping up with the staffing demand brought about by turnover, while simultaneously hiring for new positions or departments, requires significant investment. Recruiting agencies relieve this strain off of managers and the talent acquisition department.
Joseph Michaels International executive search firm was founded on the principles of providing leading corporations and emerging growth companies with the top performers in the marketplace and continues to do so through its impressive client list. JMI uses a search process that is focused on recruiting passive candidates. Typically, the best have a job, and we have to go to them. They are often not unemployed, unhappy, or unqualified, but rather gainfully employed. However, just because these outstanding candidates are not “looking for a job” doesn’t mean they don’t want to hear about your opportunity. Our executive search firm works directly with several industries. Read additional information on https://josephmichaels.com/.
Founded in 1990, Joseph Michaels International recruits executives and their staffs for established and emerging growth companies including Coca-Cola, Cisco and Sony. Our mission at JMI is to bring together great executives and growing companies by leading the industry in teamwork, technology and customer service. Our vision is an exciting, fast-growing company whose success is built upon trust, integrity and teamwork to create a world where lives are improved, dynamic teams are built, and exciting careers are launched. Call us today at 214-988-5460. Joseph Michaels International donates 10% of profits to Charity.