The average employee turnover rate for any business, big or small, is about 3.5%. If your turnover rate is higher than that, you may need to reevaluate your recruiting strategies.
The hiring process gives you an opportunity to find the best, most qualified new employees. When you hire the right people, you won’t face nearly as much turnover.
What can you do to improve your recruiting strategy plan?
Read on for five recruiting strategies that will help you attract and hire the best and brightest.
1. Start an Employee Referral Program
Your employees know what it takes to be a great fit for your company. They also know a lot of people outside of the company, many of whom may be exactly what you’re looking for. Plus, most employees recognize the weight of vouching for a new hire–so they’ll be sure to vouch for great candidates.
Offer incentives to create excitement around your employee referral program. Bonuses are a good place to start.
2. Revamp Your Job Listings
Make sure that your job listings are attractive and compelling while nailing any keywords your best candidates may be looking for. Make the title of the job-specific and updated to meet current industry standards. Make sure you put together an interesting summary and highlight your company culture, not just what you expect from your candidates.
3. Revisit Past Applicants
Who made it to the final rounds of previous interviews but didn’t quite make the cut? Reaching out to past applicants that you feel strongly about is always a good option. After all, they’ve already shown interest in your company and they are familiar with your expectations.
4. Head to Industry Events
Job fairs are good spaces to make your recruitment pitch. However, unless they’re industry-specific, you’re not making your pitch directly to the most qualified candidates.
Local industry events are a great place to meet some of the top potential hires in your industry. Look for meetups and associations in your community that will lead you to the individuals with the most experience and drive.
5. Work With Recruitment Professionals
At a loss for how to boost your recruiting strategies? Recruitment agencies can take care of it for you.
Seeking and hiring the best new employees is not an innate skill. That’s why recruitment has become its own profession. Work with professional recruiters to make sure that your vision for your company becomes a reality.
Boost Your Recruiting Strategies and Build the Best Team
Are you dealing with a high employee turnover rate? Chances are, you’re not hiring the best new employees for your company. With these recruiting strategies, you can start out on the right foot every single time.
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