Joe White’s Post

The True Cost of a Bad Hire: A report from the Recruitment & Employment Confederation (REC) found that more than a third of companies believe hiring mistakes cost their business nothing. However, a poor hire at mid-manager level with a salary of £42,000 can cost a business more than £132,000 due to the accumulation of costs associated with the recruitment process, such as training, onboarding, wasted salary, and more. Partnering with an industry-focused recruitment consultancy like Bridge Recruitment minimises the risk of a bad hire and adds value to the selection process. 🔗 Read more: https://buff.ly/3xtiHWw #Hiring #Recruitment #BusinessGrowth #BridgeRecruitment

Recruitment is broken! It seems increasingly obvious that recruitment isn't working anymore and that's why we need to show gratitude to those good recruiters and agencies that provide a professional service and navigate though all the noise, misunderstandings, communications and negotiations each time candidates put themselves forward for a role. The lack of recruiters, talent acquisition and HR in a lot of companies is quite frankly alarming and the reason why there is a big problem in hiring the right people and having experienced it firsthand in the past few weeks I can see the problem is widespread and becoming endemic. It seems that certain companies are making radical decisions based on cost and picking lower skiled lower paid consultancies that won't get the job done in time which is a failure waiting to happen, people have forgotten how to communicate, interviews are less than satisfactory, standards have dropped, salaries have dropped and employers want everything for nothing! So how can we change it? Answers on a postcard...

Employee referral programs are a game-changer when it comes to reducing staff turnover. Referred new hires tend to stay longer than any other recruitment method. This approach increases employee retention and streamlines the hiring process, resulting in significant cost savings for the company. Candidates interviewed through employee referrals are often better prepared for the job and have a clear understanding of what is expected of them. This not only enhances the quality of hires but also aligns with ethical hiring practices, ensuring an all-inclusive and diverse workforce. Embracing this method can lead to finding top candidates who are not only qualified but also culturally fit for the organisation. #EmployeeReferral #Recruitment #WorkforceDiversity #HumanResources

What Is Cost Per Hire? CPH is a key metric used in human resources and recruitment to calculate the average cost incurred by an organization to fill a job vacancy with a new employee. The calculation is essentially the total expenses associated with the recruitment process. It’s extremely valuable for employers to know their overhead employment costs and see if there’s room to decrease expenses and get a better return on investment. Click the article to get the breakdown of common internal and external costs of hiring new employees. 👉👉https://ow.ly/LxVu30sFfbU #hiring #hiringcosts #growth #employeecost

Recruitment is considered one of the core functions of management because it determines the entire workforce of the organization. Understand the importance of recruitment and its types to make more efficient judgments when it comes to hiring new employees. https://lnkd.in/gjypU-7t #InternalRecruitment #ExternalRecruitment #ThriveSparrow

One of the most common challenges with recruitment is lack of candidates or not matching candidates Here are 5 reasons that may be – unintentionally – turning off great candidates 🙋🏻♀️ To read full article visit: https://lnkd.in/gCPgKsUA #hiring #hiringprocess #interviewer #recruiter #recruitment #hiringtips #talentmanagement #employeeonboarding #onboardingprocess 

Are you spending valuable time and energy on recruitment but just not getting the ‘right’ applicants? Does your organisation stand out in today’s candidate-driven market? Ensuring you and your team are clear on your organisational Values and what it is that makes your organisation unique, then spruiking this far and wide during recruitment is critical in attracting best-fit candidates. Not sure what your point of difference is? We can help you define your Employee Value Proposition and Organisational Values to ensure the ‘right’ candidates come knocking. Book a call to see how we can help https://zurl.co/FOcm or email [email protected]. #hrsolutionspartner #peoplesuccessspecialist #hrconsultant

Attention SMEs👋 Struggling to monitor your HR processes due to limited resources? Do you want to improve your hiring successes and ensure your employees are happy in their roles? In this article we outline the 6 key HR metrics that are particularly relevant for small to mid-sized companies, including time to fill, cost per hire, candidate quality score, new hire turnover rate, employee referral rate, and HR costs as a percentage of revenue. Tracking these metrics can help you make data-driven decisions and optimise your HR processes for success. Find out more: https://hubs.ly/Q02jkgbJ0 #SMBhiring #hiring #recruitment #ATS #hiringsoftware

Are you spending valuable time and energy on recruitment but just not getting the ‘right’ applicants? Does your organisation stand out in today’s candidate-driven market? Ensuring you and your team are clear on your organisational Values and what it is that makes your organisation unique, then spruiking this far and wide during recruitment is critical in attracting best-fit candidates. Not sure what your point of difference is? We can help you define your Employee Value Proposition and Organisational Values to ensure the ‘right’ candidates come knocking. Book a call to see how we can help https://zurl.co/FOcm or email [email protected]. #hrsolutionspartner #peoplesuccessspecialist #hrconsultant

💬 Cheap rates are ruining the recruitment industry! 🚨 I've been in recruitment for 13 years, and I've seen firsthand how chasing cheap rates can harm our industry. Cutting corners might save money upfront, but it often leads to lower quality hires and higher turnover rates. Trust me, it's not worth it. 🤔 Think about it like this: Would you rather pay a bit more and get a cream of the crop candidate who stays and thrives, or save a few pounds now and face the hassle of rehiring in a few months? We need to focus on the long-term value of quality recruitment, not just the immediate cost savings. 🗣️ Let's shift the conversation. What have been your experiences with cheap recruitment services? Share your thoughts below or get in touch with me directly at [email protected]. #recruitment #qualityoverquantity #HR