What is the cost of hiring Someone
- Author Michael D Hayes
- Published May 31, 2010
- Word count 471
I NEED SOME ADDITIONAL HELP BUT I CANNOT COMMIT TO HIRING A FULL-TIME OR PART-TIME PERSON NOW.
Many customers are using temps in positions where they once had their own staff. Temps are looking for the opportunity to prove that they can be a sharp addition to your company. Many companies also use temps to motivate current staff to perform. Having a temp in the office that is out-performing, may be a good motivator for current underperforming employees.
SHOULDN’T IT BE EASY TO HIRE WITH ALL THE PEOPLE LOOKING FOR WORK?
On the contrary, most companies keep their very best people even in times of economic uncertainty.
Today most employers are wearing too many hats and having time to thoroughly prescreen candidates does not fit into the daily schedule. A typical job posting could means hundreds of resumes and phone calls. Do you have time for that in your day?
How many times have you looked at what you thought was a decent candidate on paper, called them into your office, then were left wondering ‘why did I just waste my valuable time?’
There are qualified people looking for work and it is our full time job to screen and pre-qualify the best candidates for you to review. Our prescreening process starts as soon as the candidate submits their application. We evaluate candidates on multiple levels including ability to pre-interview over the phone, presentation and appearance, initial contact with our front desk Receptionist, body language, the ability to effectively present their skill-set in the interview process, and other variables. Our prescreening process can take up to one hour.
I ONLY HAVE A FEW OPENINGS A YEAR. IS THIS WORTH MY TIME?
We have many customers that only use our services a few times a year. We are frequently looking for a variety of positions and have interviewed over 14,000 people that we keep in a candidate database. Not only might we have a candidate in mind for your open position, we will actively recruit candidates that match the skill set and experience you are looking for. Our goal is to help our customers improve their operations by providing quality employees.
WHAT IS THE COST OF HIRING SOMEONE?
Well, it is substantially more than the hourly wage or salary you pay the employee. Some of the costs involved are:
-Job postings and time spent pre-screening candidates including nuisance phone calls and unpleasant walk-ins
-Drug screening and background investigations
-HR paperwork (processing employment verifications, E-Verify, Payroll, etc.)
-Employer taxes and liabilities including workers’ compensation and unemployment
-Training
Not to mention the cost associated with FIRING a ‘bad hire’. A ‘bad hire’ could cost your company thousands of dollars in unemployment, revenue, lost customers, and your reputation. Is it really worth navigating these waters by yourself with an already hectic schedule on your plate?
Michael D. Hayes is the owner of Momentum Specialized Staffing in Phoenix, Arizona. He purchased the company 7 years ago. You can learn more about him and his company at www.momentumtrans.com including his blog and You-tube sites.
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