The High Cost of Hiring Mistakes

We’re starting to see some upward movement in the economy and more companies hiring.  We are seeing a trend where companies are taking longer to go through the interview process, as well as wanting to see more resumes or being very strict about skill needs.  This slow hiring approach can be frustrating to candidates, but companies need to know they are on firm ground with the right candidate before proceeding in this tricky economy.  Please see the links below - the first is a long list of many possible hiring/ turnover costs, the second is a video discussing the high costs of wrong hiring decisions. These are prime examples of why many companies choose to utilize staffing agencies as a tool to make the correct choice for their organization. 

Aorist works best in slower, strategic searches to help companies find the right person for their organization.  We take time to get to know our candidate and how they can contribute to the opening - we want to present them as a whole person to our client.  We take the same care in filling contract and contract to hire scenarios as we do with direct placements - this is the opportunity for the right candidate to shine.  We take pride that most of our contract to hires and even some of our shorter term contracts results in long term relationships between the candidate and company.

Many candidates wonder why a company would choose to go with a contract or contract to hire scenario over doing a search on their own.  Most companies simply want to try out the person before risking the high costs associated with a direct hire.  Sometimes the individuals doing the hiring within the company are so submerged in their daily tasks that they don’t have the necessary time to devote to finding the right candidate.  The contract relationship can be beneficial to the candidate because they can experience whether or not the job and company are the right for them - the “try out” goes both ways.

Before the hire is the best time to put in the due diligence necessary to ensure the relationship is long lasting.  This makes for happy clients and happy candidates.  Most individuals wouldn’t purchase a house or a car before checking out several different options and seeing which is right for them - we respect that companies what to take the same cautious approach with their major “purchase”.  Most individuals spend 30% of their weekday at their job - finding the right one is a major life decision and we want to assist the candidate in making the right choice.

http://isquare.com/turnover.cfm

http://www.cobizmag.com/videos/view/the-high-cost-of-hiring-wrong/

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