Losing a valuable employee is difficult for more than one reason because you already know you have to hire a replacement. Hiring people is almost a coin toss because you could be lucky and find someone great or be unlucky and have the exact opposite happen. There is a lot resting on your efficiency at the hiring process. Huge sums of money are wasted every year simply because a business hired the wrong person. There can be lots of reasons for this happening but one can usually point the finger at the company. A potential employer needs to verify everything they are told by a candidate because that way they can find out whether or not the person is lying. It’s on you to hire people successfully in the end.
Hiring is a huge responsibility in any business. When it doesn’t go well, you need to find out why. In many companies, it’s the HR staff that conducts initial interviews for all available positions. They are really only competent to interview people for similar jobs. They have no business interviewing people for technical positions. The right person to do the hiring is vitally important for this reason and more. It’s a critical failure in the hiring process that does not end well.
Quality Comes With Price
If you are involved with the hiring process in your company, then here’s an interesting thought to bear in mind. Some businesses are simply not willing to actually pay for the best talent. This is usually because they think the best way to save money is to not get into a situation for playing large salaries. If the person you want is honestly what he or she promises to be, though, what you pay to them will all be worth it thanks to the gains that he or she can make for your company. The best people in their fields will contribute to your company in ways you will not foresee. The benefits of this hire won’t always be something immediate, for example, there is much benefit from the people in the new hire’s department stepping things up to be on par with the new person.
The hiring process of yesterday is one that makes it really hard to succeed. There’s little in the way of objectivity that the people who currently work for you bring to the hiring table. People often cannot help but include those attitudes and beliefs that do not make a positive contribution. It’s a completely subjective process. A successful outcome is doubtful because of the likelihood for bias.
It is important to hire successfully for you business but that doesn’t mean that it won’t be scary. If you hire the wrong person you can cost your business all sorts of money. Typically a business will simply cut the loss and start all over again. It isn’t a good response if things have started to go wrong. You’ll be much better off if you can prevent it from happening again in the future though.