Researchers estimate the cost to replace an employee totals anywhere from 30% to 150% of an employee’s annual compensation. That means that an employee with a salary of $50,000 who leaves your organisation presents a $15,000 to $75,000 loss, so this is not a decision to take lightly.
- Are you struggling to decide whether or not you should grow your team?
- Do you know you need help but don’t know how to get it?
- Have you tried hiring before and not found the right person?
Adding a member to your team is an important step. Whether it is your first hire or an addition to an already large team, it is essential that you get it right. The right person can enhance a team, the wrong one can could undermine your business.
Before hiring anyone, you need to have a clear understanding of what it is you need them to do, the laws around discrimination when hiring and a plan in place for how to go about the recruitment process. All this can seem daunting at first. We aim to make the entire process easier for you and the potential new employees. After all, it should be the beginning of a very exciting working relationship, shouldn’t it?
For most employers, there has been no training in what to do, say or how to ask questions so you can accurately assess a candidate’s real ability. So what is the magic formula to attracting the right people? How do you effectively interview them so you hire the ones that can do the job and not the one who is blessed with the gift of the gab?
On the other hand, are you aware that there are things you can’t ask potential employees?
Impact HR can make all of this easy for you, taking the stress and anxiety away from this important part of building your team. Depending on your preferences we can advertise, screen, interview and test your new team member to make sure they are the right person to join your business.
Once you’ve found your new team member, it is essential to make sure you provide them with the best possible start in your team. Most new employees make the decision about staying with your business or not within the first three days and this is re-enforced over the next six months. Impact HR can design and provide all the communication needed to ensure starting work is exciting and happens smoothly for both you and your new employee.
Take the headaches out of having a team of business in your business. Call us today.