The hiring process is one of the most important and complex tasks facing employers. Not only must employers ensure they have made the best effort to find the most qualified candidate, they must also ensure they’ve complied with both state and federal anti-discrimination laws at each stage of the hiring process. Additionally, the hiring process is a lengthy undertaking that typically involves drafting a job description, recruiting, screening, selecting, hiring and onboarding.
To further complicate this process, employers across the nation are dealing with the effects of a tight labor market and serious talent shortage. It’s become increasingly difficult for employers to find qualified employees to fill their open positions. In fact, according to ManpowerGroup, nearly half of all employers are concerned about finding employees with the necessary skills and qualifications.
Moreover, hiring the wrong candidate is almost worse than not finding a qualified candidate to fill a position, as a bad hire can negatively affect his or her team and the overall company. According to the U.S. Department of Labor, a bad hire can cost at least one-third of that position’s first-year wages, increasing for positions higher in the company, such as a vice president or CEO. Not only is there a financial cost to the hiring process, but a bad hire can also negatively influence staff morale and
productivity.
The hiring process can be complicated and time-consuming, but it has the potential to significantly affect your organization. This toolkit serves as an introductory guide to the hiring process and offers best practices for each step of the process. It also provides an overview of the compliance and legal considerations related to hiring employees.
This toolkit is for informational use only and should not be construed as legal advice. Please consult a legal professional for legal advice.
CLICK HERE to download your copy of the Hiring Process HR Toolkit.
We provide professional help designed to meet your specific needs with a wide range of insurance products for your business and your family. Learn more about our Benefit Analysts Insurance Products.
The content herein is provided for general information purposes only, and does not constitute legal, tax, or other advice or opinions on any matters. This information has been taken from sources which we believe to be reliable, but there is no guarantee as to its accuracy.
