Hiring mistakes can be costly

July 15, 2016

When it comes to hiring new staff, more and more companies admit that hiring the right employees are arguably the most critical aspect of a successful business. Bad hires can be costly and on average, companies lose three times the annual salary of a new hire that doesn’t stay with the organization. Here are some tips to help you when you have to make your next hire.

Know who you're looking for
Experts say 
bad hires are often the result of the job description not matching the job criteria. The result: a new hire joins the organization and it quickly becomes clear that he or she does not possess the skill-set to effectively execute the job. The key is to create a job description that is laser-focused on the actual skills and competencies required for the job.

Hire the specialist, not the generalist
Conventional wisdom among hiring managers says hire the generalist who can adapt to whatever situation you have. However, the truth of the matter is that if you really look at it closely most people only really excel at one or two skills. When you are putting together a team you need to hire people that will have the
specialist skill to complement the areas in which the rest of your team might be lacking. It’s no good to have a couple of people that are all generalists but no real expert to help your organization grow.

There is no such thing as the ‘perfect’ candidate
This is a mistake made often by hiring managers in that they believe that somewhere out there is a job-seeker who would be perfect for the position. The reality is unfortunately that there is no such thing. The current skills shortage in South Africa is adding to the challenges of finding skilled candidates. There is a gap in middle management with many qualified individuals choosing to work overseas. On the other hand, it does offer opportunities to focus more on hiring the right attitude as the skills can be taught.

Get in the experts
Before you get your hackles up about recruiters' fees, consider the value that the right new hire can deliver over the next 5, 10, or 20 years in your company. Niche recruiters like Communicate Recruitment know where to find top talent, can screen candidates, and can guide you through the process of interviews, salary negotiation, saving you lots of time and money.

Take time with proper on-boarding
Employee orientation and training should be a vital part of a new employee’s probation period, ensuring they understand company policies, what’s expected of them, and how they’ll be measured on their performance.

Are you looking to make a new hire, want to avoid making a hiring mistake that will cost you time and money? Communicate Recruitment is a specialist recruitment agency, with the very best recruiters. We specialize in the sourcing of top candidates in the Finance, IT, Engineering and Supply Chain, and Freight industries, both for permanent and contracting placements throughout South Africa, and the African continent. 

We also have various vacancies, which include Finance jobs, IT jobs, Engineering jobs, Freight jobs, and Supply Chain jobs. 


You might also like

By Communicate Recruitment June 4, 2024
What lies beneath the perfect job offer
By Communicate Recruitment April 5, 2024
How SA talent is cashing in on the international job market
By Communicate Recruitment April 5, 2024
Why developers are calling the shots on remote work (and why companies should listen)
More Posts

Book a Service Today

Share by: