“I am convinced that nothing we do is more important than hiring and developing people. At the end of the day you bet on people, not on strategies.” -Larry Bossidy
Why Hiring the Right People is Crucial
Hiring people for job is crucial to any organisation. Recruitment plays a vital role in the growth of business of the establishment. The task of recruiting the right person for a specific position has become demanding owing to a number of factors. These include a greater availability of trained professionals in the job market. The recession and better avenues of education have created a larger workforce. Here are reasons for hiring the right individual for a specific job.
A Greater Turnover for the Company
Well qualified and suitable personnel working for an organisation will discharge their duties with competence and diligence. They use their acquired knowledge and skill to complete the task at hand successfully. Well executed tasks lead to greater productivity for the company. This increases the profits or turnover for the business establishment.
Reduction in Training Costs
Training new recruits for a job is a costly process for the business concern. If a company is not careful while hiring people for job, it may have to appoint people for the same positions a number of times. The company will have to invest in training programmes for the personnel repeatedly. This brings about an unnecessary expense for the organisation. In addition, a less expensive training course is required, if people with precise skills are signed up for the job.
Raises the Morale of the Team
In a successful business enterprise, employees work as a team to deliver the job at hand. It is important that all the members of the team cooperate with one another. A team manager ought to be careful while hiring people for job. A sole new recruit inducted into the team can change the dynamics of the team. The right kind of individual may add to the productivity of the team. An employee with the correct attitude and skills will make the group more cohesive and content. On the other hand, an employee with low productivity could bring down the efficiency of the team and reduce the output.
Register with private recruitment agencies and employment exchanges to remain updated about available jobs. These agencies act as a link between the prospective employees and employers. It can be very useful as these agencies offer up to date data and make job hunting easier. Also employers find these agencies reliable because of which they often recruit through them.