November 20, 2020 Improving Candidate Retention

How to improve your hiring process and candidate retention.

Hiring a candidate is a difficult task, but the process that requires more hard work than hiring is candidate retention. It’s hard to catch worthy candidates, but once you find them, they become the most valuable asset of the company or organization. However, no one is certain whether the candidates you have hired are going to stay or move out after a few weeks or months. There are many factors that affect this. One crucial factor that can make an employee leave is the unhealthy environment of the company.

So, to make sure that your employees work for a long time with you, you need to employ some advanced ways of hiring. Certainly, anyone looking for a job wants permanency and prospects for career development. And to assure this thing to a candidate, it is necessary to streamline your interview procedure. There are several aspects that can motivate a candidate to join your firm and thus, enhance the footfall for your interview programs.

In the coming sections, we are going to reveal some secrets that can help you improve your hiring process and candidate retention.

Branding Through Social Media

Nowadays, people spend a lot of their time on social media. As per statistics, there are around over 2.4 billion monthly active users on Facebook. These stats depict that social media has the potential to influence candidates looking for a job. Therefore, if you advertise and promote the job offered by your company through social media, you will be one step ahead compared to your competitors. Besides, vis social media, you will be able to identify the candidates that will stay for a longer time to help you in leading your organization towards a better future.

Apart from that, posting your organization’s success stories and events is a great way to gain recognition in the industry. People love reading stories that come out as an inspiration for the candidates to work as well as to recognize their peers and the working environment. Furthermore, it will not only enhance maximum employee engagement but also encourage a large number of candidates to participate in the recruitment program.

Be Targeted

Being targeted is another great way that will help you improve candidate retention. And by targeted we mean getting professional recruiter to help, specialists who recruit exclusively for an industry and have expert knowledge of that industry and job spec. As a specialist already has an established network of potential candidates, hiring them is a fruitful way to get loyal employees. Moreover, their knowledge of candidates and where to find them is part of what they offer, which makes it easy for them to target your niches, industries that if you’re not trained in, you may not be the best judge of.

These specialists have a professional industry overview to ensure that you get the best-qualified workforce for your business. Vet Finders are a fantastic example of a specialist recruitment firm becoming the industry leader in the UK veterinary sector, becoming one of the go-to recruiters for vets. Job level industry knowledge is vital to successful recruitment. This can be translated across all industries, including the manufacturing and tech industries that are now more than ever needing specialists as technology and procedures become further advanced.

Hiring a specialist in order to target potential candidates for your business promises you better candidate retention. Moreover, it also helps you save cost as compared to the regular hiring process of your company that might take longer and may have to be repeated if the candidate leaves earlier than expected.

Do a Thorough Interview

The interview is the only process when an employee gets to see and learn about the real working environment of the company. Besides, one can infer from the candidate’s attitude and confidence, whether he is taking the job seriously and is willing to take up the projects that are coming their way. Therefore, during an interview, ask all the questions that are relevant and make the job profile sound like this is the dream job they have been looking for.

Never make any false promises or give a wrong impression about the organization or else it might backfire you and all your efforts. What happens most of the time is that the most valuable employee moves out because his expectations have not been met as were promised in the interview. A situation like this can leave your company in a deprived state.

Therefore, you can always avoid the risk of losing a good employee by designing a comprehensive interview procedure; you must put all your cards on the table before you hire an employee. Besides, also properly understand the employee’s expectations.

Grow Your Human Resource Department

There is no pain in business quite like hiring a candidate only to lose them within the year. Nowadays, there has been a significant rise in the number of people changing their jobs after a short duration of time. Since constant recruitment is expensive and losing an excellent employee can cost you significantly, many companies are turning to knowledgeable specialist HR recruitment agencies in order to help build them a human resources department that will save them long term. HR can encourage retention by giving them challenging work. This way, they will seek and gain more opportunities to enhance their personal growth.

Besides, HR can converse with the employees about their current and future needs. So, they can help the company in recruiting and promoting the employees internally. As the old employees have a better knowledge of the company and its workflow, they are more suitable for the job that you are hiring for. Internal recruitment is much better than fresh recruitment. How??

The internal recruitment process is not just cost-effective, but it also saves a lot of time required for training a new employee instead.

Final Words

For a successful future and a positive image of the company, there is nothing better than the employees working there for a long time. Therefore, whenever you are proceeding for the process of hiring, make sure that you are doing it the way that can help in the retention of the employees and the selected candidates. Moreover, follow these tips mentioned above, and nothing can stop you from building the strongest working team ever.

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