How to Hire Smarter in Your SMB
As a small business owner, you know how crucial it is to hire the right people for your company’s growth and success. However, the hiring process can be time-consuming and overwhelming, especially for businesses with limited resources and staff.
- That’s why we’ve created The Small Business Recruiting Advice Manual. This comprehensive resource is designed to provide expert guidance and practical advice to help small business hiring managers improve their hiring outcomes.
From establishing realistic hiring goals to spending recruiting budgets wisely and leveraging affordable hiring software, this eBook covers everything you need to know to streamline your recruiting process and find the best candidates for your business.
The Small Business Recruiting Advice Manual is a must-read for any small business owner looking to fast-track their hiring process and attract top talent, especially in today’s competitive job market. It’s packed with tips and strategies curated specifically for small businesses that face unique challenges when it comes to hiring.
Here’s a peek at what’s inside:
Establish Realistic Hiring Goals
With the unsteadiness of the recruitment market, many small businesses have had to continuously adjust their hiring practices. But before you can start creating your recruiting goals, you need to analyze past performance and hiring analytics. This includes measuring:
- Candidate reach: Take a look at where you find candidates and determine the success of those channels and platforms. Is there an avenue that shows potential in which you could devote more resources? On top of this, analyze your applicant completion rates and quality of hire data.
- Speed of recruitment: How quickly does it take to hire and onboard a new employee? Do you have any areas that bottleneck your recruitment processes?
- Cost of recruitment: In addition to cost per hire, examine the cost of each sourcing channel against its effectiveness.
- Employee and candidate satisfaction: Using key metrics, such as employee survey results and offer acceptance rates, you can determine the overall satisfaction trends across your current and new hires.
Next, prioritize areas to improve. For instance, if your time to hire is too long, and you’ve lost candidates because of it, that’s a good indication that increasing hiring speed should be one of your top goals.
It may help to follow the SMART rule when drafting recruiting goals for your business — Specific, Measurable, Achievable, Relevant, and Time-Bound. Of course, it’s crucial to make these goals realistic. Consider what simple changes you could make to your hiring process that will make an impact right away.
Get the Full Scope
Don’t let the hiring process slow down your growing business. To keep establishing realistic hiring goals and access the full scope of expert advice, download The Small Business Recruiting Advice Manual today.