Research by ASA corporate partner Monster finds that most small business owners identify hiring the wrong person for a job as a risk to the company. In the survey nearly 700 small business owners in the U.S., 89% of respondents said hiring the wrong person is a risk to the company; 51% said it is a major risk.
A Guide To Hiring Recruitment Firms
Originally Published By: Ken Sundheim, Forbes.com
Hiring the right employees for any size company can be extremely difficult and very time consuming. Nevertheless, recruiting top workers should be a priority for every firm and your company should be no different.
Since staffing talent can take significant effort and internal HR costs can prove expensive, many organizations consider using a recruitment company.
As an employer, if you're considering this route, the following guide should help you:
When Should Your Company Hire a Recruiting Firm?
There are a few circumstances in which your company could utilize recruiting services. Most often, employers use recruiters when one or more of the following is the case:
With more than 18.5 million people hired via online job postings per year, according to a report on Statistic Brain, you may think that it is a simple process to bring in the right new hire to help your tech team grow. And while you may find a number of talented job seekers — people who check all the boxes on your core requirements list — it can be a lot harder to find someone who will be a perfect fit for your IT department.
A few years ago, it seemed professionals couldn't go a day without hearing or reading the word "millennial." Whether it was advice about hiring them, managing them, developing them or simply dealing with them, everyone had opinions on this generation's presence in the workforce.
The May employment report was less notable for the size of any particular upside surprise than the consistency of its upside surprises and the good news throughout. The rise in employment across the establishment and household surveys was on roughly the same scale, wage growth ticked back up, and the 3-month average in payroll growth returned to about 180k – comfortably within its range since late 2016. Intriguingly, the progress on several areas of labor market slack suggested that the U.S. labor market is not at full employment after all.
Commonly known as the Beige Book, this report is published eight times per year. Each Federal Reserve Bank gathers anecdotal information on current economic conditions in its District through reports from Bank and Branch directors and interviews with key business contacts, economists, market experts, and other sources.
Many companies are starting to reevaluate the traditional hiring process. After all not only is the traditional process long, but it can be surprisingly inefficient. A great way employers are looking to update and shorten this process is with video interviews.
