You need to hire – which means you’re growing (awesome) , you lost a great employee to a competitor (not so great) or the person you had hired for the role just wasn’t the right fit (painful). Turnover, for whatever reason, is one of the most dreaded things in any organization. Losing a valued employee to another company or having to replace a hire that didn’t work out can be extremely costly, with many studies calculating the cost at 1.5-2x the departing person’s yearly salary. How can losing a single employee be this expensive? Here’s just a few of the costs associated with turnover…
Tag : tips for hiring managers
An employee who’s disengaged, distracted, and uninspired by work can have an unfortunate effect on your entire workspace. Here’s 5 practical tips for hiring managers to help their underachieving employees become successful.
The hiring process can be surprisingly similar to dating: even when you like someone, unless they return the feelings then it won’t get past the first interview. Through our yearly research, we’ve compiled a list of the best ways to attract – and retain – the candidates you want. Avoid rookie mistakes and gain the skills to woo your dream candidate.
Few jobs today offer old-fashioned banker’s hours, but prospective employees want a sense of the expectations—and once hired, they want companies to deliver. Development sprints and deadlines are a fact of life in the tech world, and employees understand there will be times they need to work late. “But when it happens regularly day in and day out, that’s when employees get burned out,” says Elizabeth Becker, a PROTECH client partner. “They see it as a breakdown in management.”
Striking out on the job boards looking for the perfect candidate? It might be time to supplement your traditional recruiting efforts with social recruiting.