Every new hire comes with risk, and the competitive talent market adds another challenge to an already complex task. The cost of a bad hire can be substantial, leading to disrupted operations, lowered staff morale and the daunting task of repeating the recruitment process.
A 2019 survey of over 1,000 hiring managers found companies reported an average loss of $18,700 on each bad hire. Even more, it’s not unusual to go through the hiring process only to discover the new staff is not a good fit. The survey found that around 75% of employers have hired the wrong person for a position.
Partnering with a professional staffing agency can streamline your hiring process, provide deeper insights into candidate compatibility and help you make more informed, successful hiring decisions. Here are five ways a staffing firm can help you avoid bad hires in 2024.
Professional staffing firms can help you avoid bad hires in 2024 through a customized recruitment strategy. Experienced staffing professionals regularly go beyond the standard hiring procedures. They understand that not every role necessitates a full-time employee, and they can help you determine the most effective hiring approach, whether a contract position, permanent role, or contract-to-hire strategy. This tailored approach aligns the hiring process with your immediate needs and long-term goals.
A staffing agency can significantly reduce your time and effort in writing job descriptions, posting ads, sorting applications and evaluating resumes. A streamlined recruitment process lets you get to the most qualified candidates quickly.
Professional staffing specialists are experts in specific fields, such as accounting, administrative and customer service, legal, marketing and creative or technology. This focus means they have deep knowledge of which skills are critical for each area and how to identify candidates with these skills.
A staffing firm never stops recruiting. It uses advanced AI-driven recruiting technologies to network, building extensive databases of qualified candidates within their industries. This list of pre-vetted candidates means there’s already a reservoir of potential candidates when you need to fill a position.
Flexible work arrangements can be as crucial to some candidates as salary. If you are filling a position that can be done remotely, a staffing agency can help you tap into out-of-market talent pools to find the right fit for your organization.
You want the best people for your organization, and a staffing firm like Century Group can help. By leveraging our specialized knowledge, advanced recruitment technologies, and expansive networks, you can secure qualified professionals who align with your organizational culture and operational needs. Connect with us and get started today.