Are Recruiting Operations Essential to Business Growth?

Recruitment is the process of attracting and hiring the right person for a job vacancy. It involves determining the requirements of a position, attracting applicants, screening and selecting possible employees, and hiring and integrating new personnel. What does employee recruitment have to do with business growth?

Employees are a valuable resource. Engaged, productive and organized personnel accomplish tasks and overcome obstacles. A workforce composed of such employees drives a business forward helping it grow. It’s important to develop a recruitment strategy that filters applicants enabling you to find the candidate(s) best suited to your company. Good recruiting practices result in 3.5 times the revenue growth and 2 times the profit margin over those companies with a less capable recruiting practice.

To find and retain the best candidates for your business, focus your recruitment process on the following elements.

• A detailed profile of the ideal candidate (skills, experience, education, personality traits, etc.)
• Effective job postings (concise, simple, concrete, attractive, accurate) 
• Ongoing promotion of your brand (active social media pages, trade magazines, industry blogs, related websites, etc.)
• Use of pre-employment selection tools (pre-employment test, detailed job preview, etc.)
• Development of an ongoing employee referral program
• A workforce plan that identifies present and future staffing needs 
• Integration of diversity and inclusion
• The use of applicant tracking software
• A well-managed onboarding process (formal and informal)

Competent employees affect the operation of an organization and help determine a business’s success. Develop a strong recruitment strategy so you can select the right people, create an engaged workforce, increase your company’s productivity and give your business a competitive edge.

For all your recruitment needs, contact Summit Search Group. We provide deep industry knowledge, the latest recruitment technology, extensive market research, a nationwide network of recruiters, and open dialogue with clients and candidates. Contact our office today.

References: 

• https://www.businessnewsdaily.com/9591-recruitment-growth-strategies.html 
• https://www.entrepreneur.com/article/240853 
• https://www.ukessays.com/essays/business/significance-of-recruitment-and-selection-business-essay.php
•  http://image-src.bcg.com/Images/BCG_From_Capability_to_Profitability_Jul_2012_tcm9-103684.pdf 
• https://www.fastcompany.com/1802731/four-year-career
• https://mitrefinch.com/blog/recruitment-strategies-business-growth/ 

https://bizzmarkblog.com/how-recruiting-affects-business-growth/

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