How to hire smart: 5 ways to reduce turnover

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in Centerpiece,Hiring,Human Resources

recruiting fairIs employee turnover weighing on your budget and sapping your valuable time?

Filling a vacant position—especially for the second or third time—can take away from other important tasks.

Here are five tips to help you select candidates who will appreciate the job, do good work and stay with your organization:

  1. Hire employees who have other options. Several studies show that employees who select your offer over someone else’s are likely to be more satisfied and stay longer. They tend to have a strong personal commitment to being successful and more likely to tolerate the stresses and problems that come with the job.
  2. Give candidates a realistic picture of the job and the organization. Of course you want to present the positive side of working for your company. But most applicants will appreciate your letting them know about the challenges, too. Studies show that people who accept the job knowing both the good and bad will have a more realistic expectation and fewer thoughts of quitting.
  3. Select employees whose skills and experience have prepared them to do the specific job that your unit needs done. Workers whose qualifications match your requirements will begin work with more confidence and a stronger focus. Workers often leave when they begin doing things they weren’t hired to do.
  4. Avoid making snap judgments during the interview. A Robert Half survey found that most interviewers make up their minds about a candidate in the first 15 minutes. At times, the decision is made in less than five minutes. You’ve probably spent more time this morning selecting the clothes you’re wearing. Hiring impulsively often leads to hiring people who won’t last long.
  5. Don’t be tempted to hire overqualified people. In a tight job market, some college grads and people with lengthy experience apply for jobs they wouldn’t otherwise consider. Just remember—in the business of hiring, there are no bargains. Such people may be grateful at first just to have the job, but they also want to put their best talents to use and will quit to take a job that lets them do so.

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