Good employees are a necessity for any company that hopes to achieve any kind of sustained success. Hiring the right employees for your business can mean the difference between growing your business to new heights and having to close your doors for good. That being said, how do you reach the best of the best during the hiring process? How do you separate the wheat from the chaff when it comes time to screen and schedule interviews? Today, we take a look at the hiring process and offer a few tips for finding the hardest working, most reliable employees in the talent pool.
Don’t wait until the last minute to look for talent! If you know that you will be needing more people in a month or two, start looking now. Businesses who wait until the last minute and hire new employees based on urgency take big risks when doing so. Employers who can take their time to search for the best employees will almost always end up hiring higher quality workers than their competitors who hire in a hurry. It may also make sense to search for and screen prospective employees on a rolling basis, even if you don’t have an immediate opening. Why not have a list of potential employees that have been screened and interviewed to choose from if the need for hiring additional people arises? A little bit of preparation can save you a whole lot of headaches when you do need to hire.
MAKE IT DIFFICULT
The hiring process should be difficult for the potential new hire. Make them work for it. In addition to a resume, require applicants to submit a cover letter and/or essay about why they feel they would be a good fit for your company. This strategy will reduce the number of applicants by about 90%, but it will also ensure that only the best candidates who are actually interested in the position go through with the application process. This strategy will also save you a great deal of time that you would have otherwise spent combing through resumes.
LEAVE YOUR EMOTIONS AT THE DOOR
Becoming emotionally invested in any one candidate can lead to disaster when hiring. Instead of conducting an interview without a set structure, instead consider developing a standardized process that can be used in screening all applicants. This strategy has lead to a great deal of success for me when hiring in the financial coaching industry. I like to use a set series of questions when interviewing a potential employee. Each question I ask is assigned a point value, and only applicants who score an 80 or above out of 100 are considered for employment. This allows for maximum equity in the hiring process. It also allows me to delegate hiring authority to other people who work for my company, and frees up more of my time. You will need to develop a hiring procedure that can be handled by your employees, especially as your business grows.
Finding the best possible talent for your company can be a daunting task…but it doesn’t have to be. By planning ahead and developing a streamlined, emotionless hiring process, you can increase your odds of hiring good workers exponentially. We here at Peak Financial Coaching would be happy to assist you in developing a hiring strategy for your business. Give us a call at 352-322-2205 or schedule an appointment with us by clicking here today. We look forward to helping you with your success!