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Corporate
Hire and retain the

best employees

Audit, Systems, and Training

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Corporate
Hire and retain the best employees

Corporate Recruiting Training

 

 

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The path to success involves understanding the following

Cost of a bad hire

When you search for the cost of a bad hire online, you may be misled by the information you find. This is because 99.9% of the information only considers direct costs, such as recruitment expenses, training expenses, salary, severance pay, and possible legal issues or misallocated investments. However, these costs only make up a small fraction of the true cost of a bad hire.The real costs of a bad hire are the indirect costs. The largest indirect cost is the cost of missed opportunities, which can amount to millions of dollars. Indirect costs also include the impact on current and potential clients, company culture and morale, customer satisfaction, damage to the company's brand and reputation, and a reduction in overall productivity and time. It is difficult to quantify the damage caused by a bad hire, but one thing is certain: it is extremely expensive.

Cost of a bad hire

When you search for the cost of a bad hire online, you may be misled by the information you find. This is because 99.9% of the information only considers direct costs, such as recruitment expenses, training expenses, salary, severance pay, and possible legal issues or misallocated investments. However, these costs only make up a small fraction of the true cost of a bad hire.The real costs of a bad hire are the indirect costs. The largest indirect cost is the cost of missed opportunities, which can amount to millions of dollars. Indirect costs also include the impact on current and potential clients, company culture and morale, customer satisfaction, damage to the company's brand and reputation, and a reduction in overall productivity and time. It is difficult to quantify the damage caused by a bad hire, but one thing is certain: it is extremely expensive.

Mindset

Without the right mindset, your organization will never be able to attract, hire, and retain the best employees. It starts with prioritizing hiring and understanding the effort and time associated with making the appropriate changes. This is followed by defining your hiring culture and making sure that this culture is communicated to the entire organization.

Mindset

Without the right mindset, your organization will never be able to attract, hire, and retain the best employees. It starts with prioritizing hiring and understanding the effort and time associated with making the appropriate changes. This is followed by defining your hiring culture and making sure that this culture is communicated to the entire organization.

Audit

A comprehensive audit can bring about significant changes! To fully comprehend the current state of affairs, it is imperative to thoroughly examine the current hiring processes and interview strategies. This entails delving into the existing data and analytics, such as the time to hire and the source of hires. Gathering input from internal stakeholders is also a crucial aspect of the process, as your employees can offer valuable insights into the areas that are functioning well and the challenges that need to be addressed. Finally, the audit process will culminate in the development of a robust improvement plan with clearly defined deadlines.

Audit

A comprehensive audit can bring about significant changes! To fully comprehend the current state of affairs, it is imperative to thoroughly examine the current hiring processes and interview strategies. This entails delving into the existing data and analytics, such as the time to hire and the source of hires. Gathering input from internal stakeholders is also a crucial aspect of the process, as your employees can offer valuable insights into the areas that are functioning well and the challenges that need to be addressed. Finally, the audit process will culminate in the development of a robust improvement plan with clearly defined deadlines.

System Updates

/ Upgrades

An ATS (Applicant Tracking System) that is both user-friendly and seamlessly integrated can effectively address the majority of your company's hiring difficulties. All aspects of the hiring process should be streamlined through the system, resulting in improved outcomes, an enhanced candidate experience, and comprehensive reporting that highlights areas for improvement. The audit will also aid in determining the most effective approach to utilizing your ATS.

System Updates / Upgrades

An ATS (Applicant Tracking System) that is both user-friendly and seamlessly integrated can effectively address the majority of your company's hiring difficulties. All aspects of the hiring process should be streamlined through the system, resulting in improved outcomes, an enhanced candidate experience, and comprehensive reporting that highlights areas for improvement. The audit will also aid in determining the most effective approach to utilizing your ATS.

Interview Training

Organizations usually implement some type of interview training program, but it can be challenging to assess its efficiency. You can assess it partially through an audit, but also by conducting an interviewer training survey to gauge its effectiveness. It's crucial to consider factors like the timing of the training (during onboarding is strongly recommended) and implementing a yearly refresher training program. But more importantly making sure the training is thorough/robust with a strong focus on candidate experience.

Interview Training

Organizations usually implement some type of interview training program, but it can be challenging to assess its efficiency. You can assess it partially through an audit, but also by conducting an interviewer training survey to gauge its effectiveness. It's crucial to consider factors like the timing of the training (during onboarding is strongly recommended) and implementing a yearly refresher training program. But more importantly making sure the training is thorough/robust with a strong focus on candidate experience.

Why us?

I am a Consultant that has extensive experience coaching individuals in a 1:1 setting, and I have a strong understanding of what it takes to succeed in a competitive job market. I utilize this holistic approach with my corporate clients to help them understand that hiring is a two-way street. I help companies identify the traits and qualities that make for a successful hire and teach them how to spot those qualities in potential candidates. I keep up to date with the latest trends and best practices in the hiring space and can help companies tailor their approach to fit their unique needs and goals. My goal is to help companies build a more diverse, talented, and engaged workforce by improving your hiring processes and interview strategies.

Book a Free Consultation

Why us?

I am a Consultant that has extensive experience coaching individuals in a 1:1 setting, and I have a strong understanding of what it takes to succeed in a competitive job market. I utilize this holistic approach with my corporate clients to help them understand that hiring is a two-way street. I help companies identify the traits and qualities that make for a successful hire and teach them how to spot those qualities in potential candidates. I keep up to date with the latest trends and best practices in the hiring space and can help companies tailor their approach to fit their unique needs and goals. My goal is to help companies build a more diverse, talented, and engaged workforce by improving your hiring processes and interview strategies.

Book a Free Consultation

FAQs

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