Smart Hiring Practices

4 Keys You Must Know to Start Hiring Smarter (Part 1)

In the business the only thing that’s constant is that things change all the time. That includes employees. Employees leave for many reasons, from finding new and better opportunities, to getting laid off. Whatever the reason, employees leaving can have a profound effect on your business, especially if you have a small business.  The void they leave must be addressed and that often means finding someone to pick up their workload. You now need to run an ad, comb through resumes, interview people and ultimately offer someone a job and hope that person is the right fit. 2 Keys to Smart Hiring Pillar 1: Understand the Cost of Poor Hiring Decisions There are ways to help avoid poor hiring decisions. Understanding the costs and negatives of your hiring decisions and learning smart hiring techniques will go a long way towards saving you both time and money. Here are some startling statistics: Harvard Business Review points out that as much as 80% of employee turnover is due to bad hiring decisions 50% of hiring and HR managers estimate that bad hires have cost their companies thousands of dollars. The U.S. Department of Labor states that the price of a bad...

Continue reading