In the previous entries, we explored three more questions to ask
when trying to hire the right people. This being the last of the three entries,
we will talk more about how to implement these employees and retain them
assuming you asked the previous questions, and they are the type of employees
that you want working at your company. Again, asking these questions will get
your candidates hired and allow you to maintain great relationships with your
bosses or client companies, whoever you may be working for.
7. How will we get new employees performing
to their full potential as quickly as possible?
There is no doubt
that new employees need some time to learn the ropes. However, there are ways
that they can learn them quickly. The goal is to have them perform to their
full potential as quickly as possible. Putting the necessary administrative
processes into action is very important. You want to have a person who is very
good at implementing new employees into their systems (whether it be getting
them a computer log on or a badge that has access to the building). You also
want to make sure you decide where the person is going to be sitting for a
significant period of time when they come in. Moving them around from temporary
desks is a waste of time and will make them feel uncomfortable. At last, you
want to do your best to promote camaraderie with existing employees and new
employees. A comfortable welcome will allow the new employee to spend less time
at their desk wondering if the employees like them and more time getting to
know them and being productive.
8. How will we keep employees for a long
period of time?
It is extremely
expensive to hire new employees. Costs of labor for all the people involved are
high once the employee is finally hired, implemented and trained. Recruiter
fees are also expensive, which is why you want to hire a recruiter that takes
pride in finding the right people, and has a record of having client companies
retain these employees. First, you want to make sure there isn't a feeling of
inequality of pay around employees doing the same job. If there are extreme
margins in pay, the employee will not be happy. Obviously, it is best to not
have employees discussing their salary, but the truth is that these things do happen.
Also, management should always make it their goal to have the company growing.
Employees are more likely to stay at a company where they have growth
opportunity in significance and salary. You will never retain all employees,
but taking these actions can definitely help keep you recruiting costs down.
9. How can we measure our success, keep
track of costs and improve over time?
There is no doubt
that you want to keep track of your success in retaining and hiring employees
efficiently. Keeping track of this is usually over looked by companies, and not
in their top priority list to implement. This being true, you need to keep
track of the following metrics to you can measure your own performance:
PRE-HIRE
METRICS
• NumberofHires
• ApplicantVolume
• ApplicantSource
• Time-to-Hire
• Time-to-Fill
• CostperHire
• ApplicantQuality
• Applicant-to-HireRatio
• Offer-to-AcceptanceRatio
• ApplicantDemographicsandEEOStatistics • ApplicantReactions
• ApplicantVolume
• ApplicantSource
• Time-to-Hire
• Time-to-Fill
• CostperHire
• ApplicantQuality
• Applicant-to-HireRatio
• Offer-to-AcceptanceRatio
• ApplicantDemographicsandEEOStatistics • ApplicantReactions
POST-HIRE
METRICS
•
ProductivePerformance
• CounterproductivePerformance
• Tenure
• TimeandAttendance
• HiringManagerAttitudes
• EmployeeAttitudes
• TrainingPerformance/Time-to-Competence • TurnoverCosts
• EmployeeDemographicsandEEOStatistics • InternalPromotionsandTransfers
• TurnoverReasons
• CounterproductivePerformance
• Tenure
• TimeandAttendance
• HiringManagerAttitudes
• EmployeeAttitudes
• TrainingPerformance/Time-to-Competence • TurnoverCosts
• EmployeeDemographicsandEEOStatistics • InternalPromotionsandTransfers
• TurnoverReasons