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Home > For Business > Human Resources > Recruiting, Hiring and Retention Recruiting, Hiring and Retention
In today’s increasingly complex business environment, employing human capital can be overwhelming to keep up with for companies of every size. BCG works with companies with just a few employees to organizations with thousands of employees.
Employee Recruitment, Hiring and Retention Many organizations fail to recognize the extraordinary costs associated with recruiting, hiring, training and terminating employees. According to HR Magazine, the unrecoverable cost of hiring the wrong individual can be as high as 150 percent of the individual’s annual salary. A well designed employee recruitment process can save you thousands of dollars by allowing you to attract and retain the best candidates. It can help ensure that they are a fit for the job and a match to the company culture. By retaining top performers, you not only achieve substantial savings, you create a foundation for the level of performance that is required to achieve success. Fitting In With Your Corporate Culture Attracting prospective employees who have the right aptitude, attitude, and physical abilities to do the job is essential. What’s often overlooked is whether the new hire candidate is a personality match to the current workforce and management style. Many times great employees leave prematurely because they feel that they just don’t fit in. BCG assists you in finding great employees that are most likely to thrive in your business environment. We do this by utilizing our unique screening process that includes:
Despite economic conditions that make it appear as though employers have their pick of potential new employees, the market for top performers remains narrow and highly competitive. While the pool of candidates may be large, the demand for specialized skills, unique educational requirements and other qualifications significantly reduce the number of candidates that may be right for your company. BCG provides the expertise to beat the competition to these top performers and to significantly reduce “job hopping” once they have successfully joined your company. BCG provides comprehensive recruitment services and can provide the level of service you need from simply consulting and guiding you through the process, to providing a turnkey recruitment process including:
Following a defined hiring process will help you avoid the high cost and disruption of employee turnover and the potential for harmful claims of negligent hiring or discrimination. A critical step in the hiring process, and one that is often overlooked, is on-boarding your new employee, a step that can be the difference between the new employee adapting well and returning immediate high-productivity, or one that leaves your company confused and bitter. BCG’s HR experts can assist you with this critical hiring function to help ensure a positive, long-term outcome and that there is no discriminatory bias in the selection standards that could later cause problems. We provide you with a well defined process for establishing and following selection standards and testing that meet all state and federal mandates. In addition, we assist you, or can handle for you the hiring process to ensure that all candidates are treated fairly and that all new-hire documentation is complete while your new hire receives a bonafide offer and a step-by-step hiring process. Retain Your Best Employees It is fast becoming the norm for employees to switch jobs rather than to stay with one employer throughout his or her career. According to some industry experts, today’s new employees will likely switch jobs six or more times in their working lives. BCG provides strategies to help you hang onto your most desirable employees. Our human resource and employee benefit experts combine to provide innovative solutions to meet your unique requirements and employee demographics including:
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