ok…maybe not yours…but so many others get a failing grade.
The economy is slowly gaining ground but many are still in downsizing and hiring freeze mode as the state of “cautious optimism” is still in effect. Few employers are thinking strategically about the current buyer’s market for talent. A year ago we were using the term “the war for talent.” Although there might be a cease-fire at the moment, the war will come back in full force - and I predict it will in fact be worse than it was. (Note: the state of the economy has not changed global demographics - retiring boomers…)
In order to prepare for the war that will resume, now is the time to look at your recruiting and selection processes. By improving your processes now, you will be in a better position to recruit and retain top talent in the future when others are scrambling to catch up. Here are the top 7 areas to review in order to ensure your process is top notch.
1) Plan: Develop a workforce plan - how many new people will you need when things pick up? What is your historical turnover? Know how these things impact your required future headcount.
2) Define roles: Don’t just rely on job descriptions - look at specific skills, knowledge and talents needed. What is the nature of the team and the workplace culture. All these impact how you will select the right candidate.
3) Sourcing: Develop a pipeline of candidates through the right channels - social networks, referrals, clients, suppliers. Develop the pipeline before the vacancy!
4) Screening: Develop standardized screening questions and avoid the “good guy” syndrome. You know…the gut feeling you get after you interview a candidate based on an informal conversation. DANGER!
5) The Offer: Make sure you describe the job realistically - the good and the bad. Be fair in creating offer packages and involve the right players in the process without dragging it out into a 26-step 12-week process.
6) All Aboard: Welcome new hires before they even start - have a co-worker call them at home 2 weeks before they start to ask if they have questions and to say we are looking forward to having you start. In the first few weeks, you need to set standards and expectations for performance and ensure new hires know how they will be evaluated.
7) Results: What metrics do you have in place for the recruitment and selection process? How long did it take from posting to start date? How long do your new hires stick around? Did you source 100 people - interview 10 or did you source the right 10 people and interview the top 3? Think of the time investment made in the process and the returns. Less is more - fewer, better candidates = time and money saved.
Review the above 7 key areas and ask yourself “does my recruitment process suck”? Even better, ask your recent hires what they thought of the process - they have the answer.