Top 10 Tips for Employee Attraction
Searching for the best possible people who fit within your culture and can contribute in your organization is a challenge and an opportunity. Keeping the best people, once you find them, is easier when you hire the right people to begin with.
These specific actions will help you with recruiting and retaining all the talent you need.
Here are 10 tips for better recruiting.
1. Improve Your Candidate Pool When Recruiting Employees
Companies that limit hiring practices for new employees to candidates who walk in their door, are friends with current employees or simply respond to online postings often miss the best candidates.
Here are steps to take to improve your candidate pool.
• Invest time in developing relationships with university placement offices, recruiters, and executive search firms.
• Enable current staff members to actively participate in industry professional associations and conferences where they are likely to meet candidates you may successfully woo.
• Use professional association websites and magazines to advertise for professional staff.
• Look for potential employees on LinkedIn and in other social media outlets. Bring your best prospects in to meet them before you need them.
The key is to build your candidate pool before you need it.
2. Hire the Sure Thing When Recruiting Employees
The authors of The Human Capital Edge, Bruce N.
Pfau and Ira T. Kay, are convinced that you should hire a person who has done this “exact job, in this exact industry, in this particular business climate, from a company with a very similar culture.” They believe that “past behavior is the best predictor of future behavior” and suggest that this is the strategy that will enable you to hire winners. They say that you must hire the candidates whom you believe can hit the ground running in your company. You can’t afford the time to train a possibly successful candidate.
3. Be Known as a Great Employer
Pfau and Kay make a strong case for not just being a great employer but letting people know that you are a great employer. This is how you build your reputation and your company brand. You’ll want the best prospects seeking you out because they respect and want to work for your brand. Google, who frequently tops Fortune’s Best Companies list, for example, receives around 3,000,000 applications a year. Take a look at your employee practices for retention, motivation, accountability, reward, recognition, flexibility in work-life balance, promotion, and involvement. These are your key areas for becoming an employer of choice. You want your employees bragging that your organization is a great place to work. People will believe the employees before they believe the corporate literature.
You have three opportunities to involve your employees in the hiring process.
• Your employees can recommend excellent candidates to your company.
• They can assist you to review resumes and qualifications of potential candidates.
• They can help you interview people to assess their potential “fit” within your company.
Organizations that fail to use employees to assess potential employees are underutilizing one of their most important assets. People who participate in the selection process are committed to helping the new employee succeed. It can’t get any better than that for you and the new employee.
4. Pay Better Than Your Competition
Yes, you do get what you pay for in the job market. Survey your local job market and take a hard look at the compensation people in your industry attract. You want to pay better than average to attract and keep the best candidates. Seems obvious, doesn’t it? It’s not. I listen to employers every day who talk about how to get employees cheaply. It’s a bad practice. Did I say, “you do get what you pay for in the job market?” Sure, you can luck out and attract a person who has golden handcuffs because they are following their spouse to a new community or need your benefits. But, they will resent their pay scale, feel unappreciated, and leave you for their first good job offer. I have seen employee replacement costs that range from two to three times the person’s annual salary. Did I say that you do get what you are willing to pay for in the job market?
5. Use Your Benefits to Your Advantage In Recruiting Employees
Keep your benefits above industry standard and add new benefits as you can afford them. You also need to educate employees about the cost and value of their benefits so they appreciate how well you are looking out for their needs. Treasured currently by employees is flexibility and the opportunity to balance work with other life responsibilities, interests, and issues. You can’t be an employer of choice without a good benefits package that includes standard benefits such as medical insurance, retirement, and dental insurance. Employees are increasingly looking for cafeteria-style benefit plans in which they can balance their choices with those of a working spouse or partner. Pfau and Kay recommend stock and ownership opportunities for every level of employees in your organization. I like profit sharing plans and bonuses that pay the employee for measurable achievements and contributions.
6. Hire the Smartest Person You Can Find
In their recent book, First Break All the Rules: What the World’s Greatest Managers Do Differently (compare prices), Marcus Buckingham and Curt Coffman recommend that great managers hire for talent. They believe that successful managers believe: “People don’t change that much. Don’t waste time trying to put in what was left out. Try to draw out what was left in. That is hard enough.” If you’re looking for someone who will work well with people, you need to hire an individual who has the talent of working well with people. You’re unlikely to train missing talents into the person later. You can try, but then, you are not building on the employee’s strengths which 80,000 managers, via Gallup’s research, highly recommend. The recommendation? Hire for strengths; don’t expect to develop weak areas of performance, habits, and talents. Build on what is great about your new employee in the first place.
7. Check References When Recruiting Employees
The purpose of this section is to keep you out of trouble with the candidates you are seeking and selecting and the employees you currently employ.
You really need to check references carefully and do thorough background checks. In the litigious society in which we live (don’t even ask me what percentage of the world’s lawyers reside in the United States of America) you need to pursue every avenue to assure that the people you hire can do the job, contribute to your growth and development, and have no past transgressions, which might endanger your current workforce. You can hire a trusted third party company specializing in conducting background or reference checking services. Also, search firms often include background and reference checking as part of their service when representing candidates.
8. Always Make Positive Impressions During the Interview Process
First impressions are lasting impressions. Keep in mind all interactions with prospective hires during the interview process reflects your company’s identity, culture, uniqueness and ultimate fit. Ask yourself, what are we doing through out the interview process to accurately present the role, company mission, vision, values and career path. Why did you join your organization, what keeps you happy and what distinguishes your company from all your competitors? Highly sought after candidates want to feel the love and have a strong sense that your organization outshines all other suitors.
9. Don’t Rely Exclusively on Your Website or Careers Pages
It is important that your website clearly portrays your vision, mission, values, goals, products or services. However too many talent acquisition organizations have become dependent on job postings and candidates applications which are not necessarily the 5% of available talent for your critical opening. Also be selective when sourcing online job boards that are known to have inferior talent when compared to direct recruitment channels.
10. Partner with a Trusted Industry Specific Search Agency
Often to attract the best talent partnering with a niche search firm can provide you access to the most qualified, hard to find candidates to include passive candidates not actively pursuing opportunities. Target search firms that intimately understand your company’s area of expertise, differentiators and culture.
Some benefits partnering with a Search Firm:
• Retain industry experts that understand to your niche and hiring profile
• Gain access to the passive candidate pool not actively seeking new opportunities, which most often is the top 5% of available talent
• Improve Time to Hire by up to 500%
• Guaranteed hires with high retention rates
• Cost per hire reduced
CONCLUSION: Start With These Recommendations
Each organization has to start somewhere to improve recruiting, hiring, and retention of valued employees. The tactics and opportunities detailed here are your best bets for recruiting the best employees.
These ideas can help your organization succeed and grow, they create a workplace that will meet both your needs and the needs of your potential and current superior employees.