A top issue for many business owners is attracting and retaining quality employees.
Studies show that the cost of replacing an employee is between 50% and 200% of the employee’s salary. *
There are many hidden costs in addition to the hard costs of recruiting the replacement. These “soft costs” include the loss of productivity, the burden placed on staff members absorbing the extra work, the downtime for projects, and the cost in terms of dollars and time in the training.
· Downtime in production
· Understaffed means overworked
· Impact on project completion
· Training costs in dollars and time
Every year it is harder to find and keep good employees!
· Identify the right person for the job.
· Present an offer attractive to the level of talent required for the job.
· Institute a formal onboarding and training program.
· Have a qualified employee/manager leading the training.
· Have a well-defined company vision and mission.
· Include employees in building the dream.
· Focus on improving lives and adding value to people. Bottom line success will follow.
For small businesses, the tasks involved in the employee search can be overwhelming. Let us help you with the front-end pieces of the hiring process!
· Advising on job postings
· Sifting and reviewing resumes
· Initial candidate assessment
· Introductory interview
· Scheduling company interview(s)
· Checking employment references
· Assisting with offer development & presentation
{Ala carte customization available. Pricing dependent upon package.}
It starts with smart hiring and targeted training. And it revolves around a positive, people-focused environment which produces results. Build a business that serves your employees, your clients, and your community.
Let us put the pieces together to reduce your staffing headaches, improve efficiency, bolster morale, and increase bottom line performance.
*Charaba, C. (2023, February 2; updated 2023, April 25). Employ retention: The real cost of losing an employee, PeopleKeep blog. https://www.peoplekeep.com/blog/employee-retention-the-real-cost-of-losing-an-employee