Your recruitment policy can either make or break your business. After all, employees are vital assets to the company. Hiring the right candidate can help to drive your business to success. Conversely, if you hire the wrong worker, your company can suffer from costly negligence. As such, it is wise for you to emphasise hiring the right employees if you do not want to compromise your operations and revenues.
However, finding a suitable candidate can be tricky. It is near impossible to determine the attitude and qualities of an applicant through just one interview. This is why there is always a possibility for any business to hire the wrong candidate. However, there are ways you can improve your recruitment process to ensure you employ the best candidate available. Let us share four effective tips to help you find the right employees for your business.
Tip #1: Test for learning and analytical skills
As an entrepreneur, you will likely be bogged down with the daily responsibilities of running a company. Therefore, it is challenging for you to dedicate your time to overseeing every aspect of your business. You will require capable employees who can manage other tasks for you. This is why you need workers who are capable of solving problems themselves, instead of constantly relying on you to make every decision.
So when you are searching for your ideal candidate, you need to look out for applicants who possess learning and analytical skills. Candidates who demonstrate such skills are capable of finding viable solutions to common work problems, allowing them to make informed decisions about the next course of action to take.
When hiring a new employee, put in place and test out various methodologies to assess the skills of your candidates. Do not just rely solely on their resume. You need to plan for the long run by knowing what they can do for your company.
Tip #2: Consider cultural fit
Cultural compatibility is another necessary trait that you should look for in a candidate. A culturally fit employee can integrate well into your company’s existing team, minimising the risk of internal conflicts that can hamper work. Moreover, such ability can be the difference between an employee who performs and develops well within the organisation for a long time and an employee who leaves the moment a better opportunity arises.
If you want to ensure your new hire fits in well with your company’s culture, you need to evaluate your candidates on their social skills and not just their work experience. In addition to noting their demeanour during the interview, you can consider asking them about their working experience under their previous employers. If the candidate has a history of not getting along with their previous clients, bosses, or colleagues, that is a big red flag you should take note of.
Tip #3: Keep enhancing your recruitment process
Your recruitment process is always the most important factor you need to focus on when expanding your organisation. Whether your company is a big corporation or a small startup, it is crucial that you come up with a recruitment process that is smooth, effectively managed, and creative.
Create more engaging questions that will test your candidates’ knowledge, skills, and attitude. Put up more comprehensive job advertisements that list all the requirements for the position you are hiring for. In essence, keep improving your recruitment process, so you can consistently attract better candidates.
Tip #4: Look for referrals
Thanks to LinkedIn and various other job recruitment websites, it is easier than ever to find numerous capable and talented candidates who may be an ideal fit for the role. As such, it can be challenging to determine the best candidate for the job. When you are unsure who is the best candidate to hire among your promising applicants, you may want to consider taking a look at their connections.
While it is never wise to hire a candidate based solely on their connections, rousing approvals from prominent figures in the industry can help you make an informed choice. After all, a broad network with connections to potential clients and future employees is advantageous in the corporate world. So when you are screening your current candidates, it does not hurt to check out their LinkedIn profiles. If they have referrals from numerous prominent people, they are most likely a valuable employee.
One last thing to note
Even as you are screening through the various applicants, it is vital that you do not neglect your company’s finances. Your company’s financial report can provide you with a better understanding of how many employees you can hire and whether you can afford to take on their wages.
However, if you are struggling to find the time to oversee every aspect of your company, you should consider outsourcing your non-essential business tasks, such as accounting and bookkeeping needs, to a specialised firm. In fact, these outsourcing these services are an excellent way for you to grow your business, as you will no longer be bombarded with mundane tasks that distract you from the essential work that needs to be done.
At Ackenting Group, we provide a suite of reliable accounting services that cater to your every need. With our accountants providing you with timely and accurate financial reports, you can stay on top of your company’s finances, allowing you to make informed decisions to expand your organisation.
Conclusion
Hiring the ideal employee is one of the most challenging and tricky parts of expanding a business. There are plenty of skilful candidates available, but not all of them can meet the requirements and expectations of the job while fitting in seamlessly with your company’s culture. As such, it is vital for you to be more thorough in the screening process and employ the right recruitment strategies to ensure you hire the right employee for the job.
If you require any assistance on accounting services, feel free to drop us an email at johnwoo@ag-singapore.com or contact us at +65-66358767. At Ackenting Group, we offer a complimentary 30 minutes online consultation for us to better understand your business requirements.
