Every company has experienced this scenario: You hire a new employee who looks good on paper, and aces the interview. You have high expectations for this person, but your new hire just doesn’t work out, for whatever reason, and you must terminate the employee.
CareerBuilder reported on a recent study they conducted regarding the true cost of a ‘bad’ hire (read the article - “What Bad Hires Really Cost Companies”). The top reasons cited for the bad hires include:
- Low quality of work (67%)
- Not working well with other team members (60%)
- Negative attitude (59%)
- Attendance (54%).
So what does the bad hire truly cost to the business? According to CareerBuilder, around 69 percent of employers in the survey claimed to have been negatively impacted by a bad hire in 2012, with a majority of respondents estimating the bad hire costing between $25,000 and $50,000 or more. This price resulted from lost productivity, negative employee and client morale, and time and cost to recruit and train a replacement, among other reasons.
What causes an employer to make a bad hire? The study cited that employers may have needed to fill the job quickly and rushed through the hiring process. Other top reasons included lack of talent intelligence and sourcing techniques – both of which could have been avoided if the company would had used a recruiting firm.
At That’s Good HR, we screen and interview candidates daily, so we have the expertise to determine whether a person is a good fit for the position and the company. And with our full pool of qualified job candidates, we are likely to have a greater selection of candidates with the qualifications your company seeks.
While there’s no guarantee that every hire can be the perfect hire, with the help of an Indianapolis recruiter like That’s Good HR, you can reduce your risk.
As Indianapolis temporary staffing specialists, we recruit job candidates for several popular temporary job categories. In fact, That’s Good HR is a temporary staffing specialist in several job categories, including:
Social media has become more important in the recruiting effort: More college graduates are using social media to search for jobs and bolster their online profiles. Similarly, recruiters and hiring managers continue to use social media to search for candidates and promote job openings.
We have noticed that our clients are always looking for sharp, recent graduates that are ready to get their feet wet and work hard! So the team at That's good HR has been out and about this winter, meeting potiential candidates at several Indiana career fairs.
Get involved in college: Industry experience while in college may be more important to employers than an impressive G.P.A. Staying active in a collegiate chapter of an industry organization, volunteering or having a part-time job while in college will not only boost your resume, but may give you the connections you need to find the perfect job out of college.
Generation X -- the 44 million people born between the early 1960s and 1980s -- has known a more competitive job market than other generations. With the 90s recession and dot-com bust early in their careers, Gen Xers have a different perception than Baby Boomers about career-long jobs, security and benefits. When
While we can’t promise a perfect job fit every time, our Indianapolis recruiting team has a process that helps us narrow the field and arrive at a better qualified hire. Here are some of the methods we apply in our candidate searches:
Social media sites are not just places to look for jobs. They can also be a great way to be found by recruiters. Many recruiters, including That’s Good HR, use social media sites to find and screen candidates, particularly higher-level candidates, as well as post job openings. One of the main sites that recruiters and hiring managers use is LinkedIn. You can use your LinkedIn profile to create your online brand, and position yourself well in front of these recruiters. Some of the ways you can do this include: