You may have found yourself in a position where you hired someone you thought was qualified, only to find out after a few weeks that they just weren’t as skilled as you needed them to be. Often, hiring managers are under serious time constrains to fill critical positions, so it can be difficult to find the perfect match under those conditions. But how much is it costing the company in time and lost revenues when you have to let them go and find someone new? Or when you have to keep them on just to keep up with demand? Mis-hires can cost time, money, and frustration, that could have been avoided. Here are a few tips to help you avoid making these mistakes.
One of the first places to look is your comp package. Do you offer competitive compensation and benefits? The market is very competitive right now, so setting yourself up to compete in this market means really evaluating your compensation structure to be sure you are making your opportunity attractive for the role and the industry. Lower benefits can save money in the short term, but it actually costs money when it increases your turnover rate.
Attracting High Achievers
High achievers are ideal additions to your team; they excel and are willing to go above and beyond in order to reach the company’s goals. These employees are worth their weight in gold since they need little oversight other than guidance and support along the way. What are you doing to attract high achievers? Are you looking for signs of high achievement? This can sometimes be found in resumes with multiple awards or positions within a company that show progressive advancement. But these types are often revealed through probing questions that evaluate emotional intelligence during the interview. These candidates are also going to be attracted to companies with a unique story and a company that expresses their culture authentically.
An Effective On-Boarding Process
The on-boarding process is an often-overlooked, yet critical process that sets a first impression and creates a supportive and welcoming environment for the new employee. An effective onboarding protocol will help keep their morale high during the first several weeks when risk of losing new talent is high. Developing a strong training program can go a long way in keeping good employees engaged and on track to stay for the long term.
Are you looking for top talent in the Specialty Chemical, Plastics, or Animal Health industry?
Contact us to discuss how we can bring top leadership talent to your team. Boaz Partners is a premier executive search firm focused on the direct recruitment of executives and professionals for the specialty chemicals and plastics space. We are your partner, and our focus is on custom recruiting solutions.