As a business owner, you should never take the decision of hiring new staff lightly. Finding the right candidate not only gives you peace of mind but saves you a considerable amount of money in the long run. The decision to hire more employees for your company can significantly impact the productivity and turnover rate. Are you planning to hire more staff for your growing company? Consider these tips to get started.
Try to create a dedicated career portal.
Business leaders all over the world are increasingly seeking ways to maximize results while minimizing costs. Today, many companies integrate a dedicated career portal into their websites. Doing this can make a world of difference for your growing company. While this may seem like a significant upfront investment, the return will be worth every penny.
However, your portal should be equipped with innovative features for talent sourcing, candidate screening and processing, and talent management and monitoring. More importantly, the portal should conform with your website and run seamlessly on mobile devices via a mobile app. For this reason, consider hosting your career portal on a dedicated server (like the one offered by OVHcloud) to ensure optimal availability, performance, and connectivity.
OVHcloud is a leading cloud provider offering VMware-based hosted private cloud, dedicated infrastructure, and OpenStack-based public cloud. Aside from data servers, OVHcloud can help you build private data centers, and with their dedicated hosting service, maintenance is a breeze. The best part is that they have a support team available to provide answers to your queries. In addition, their DDoS protection will help mitigate a DDoS attack and ensure the integrity and availability of big data.
Always conduct a background check.
To mitigate the risk of recruiting the wrong candidate, companies must run a background check. This should include a candidate’s criminal history, education, previous address, credit report, and employment history.
Nowadays, many companies use online sites like Go Look Up for churning out quick reports. You can run your potential hire’s information against their public records database. Many users leverage the site to verify potential dates, acquaintances, neighbors, or roommates. Employees can also use the site to obtain contact information about a company or a private individual.
Always consider the cost of hiring.
The cost of hiring a new employee goes beyond making provision for their salary and benefits. It encompasses the cost of recruiting, training, and onboarding. Nine times out of 10, growing companies hesitate on hiring new employees due to the associated cost of recruiting. This might mean the cost of advertisement, background checks, assessment tests, and interviews. Recruitment is the first step in the hiring process. Once you’ve chosen the perfect fit for the position, you have to provide training to get the recruit off to a good start.
No doubt, training is one of the most significant investments a company can make. Before you fill any positions, decide on the cost of salary and benefits. These benefits vary according to the company and size of their war chest. Some companies offer health insurance, life insurance, disability, and medical plans.
As mentioned, companies also spend a considerable amount of money integrating new employees into the workforce. Workplace integration involves assigning a desk to the new hire, having all the required office supplies handy, and placing them in the correct department.
All in all, recruiting the right person can significantly impact the growth of your company. The main objective of recruiting more staff is to enhance productivity and the business’s bottom line. Sometimes, companies have to wait for six months to break even on their investments in a new employee. That is one of the many reasons why numerous companies partner with a Global PEO to help them manage their HR department
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