Recruiting talent for your business is an important investment you have to make but it doesn’t come cheap. Recruiting takes time, and that is more reason you should get it right and also be within a budget.
Once you begin to think of your company expansion, here are four ways to go about recruiting and still stay within budget.
1. Determine your annual recruiting plan for new hires:
To prevent an expensive hiring process, you need to answer these questions; How many new hires do you plan on recruiting? Are there going to be seasonal hires? What is your staff turnover (that is if you have any present staff).
Knowing the answers to the above questions allows you to build your recruiting plan at least a quarter ahead.
2. Reduce interview-related costs:
When hiring, you might need to filter hundreds of CVs and Resumes to end up with the right ‘fit’. But since the Covid 19 pandemic, methods are now different. You can have an interview via various video platforms such as Zoom, Google meet and many more. This would not only save you some time for sitting through interview meetings but also save you some cost.
3. Hire freelancers:
Sometimes, you do not need a full-time staff when you can hire a high-quality freelancer to manage the duration of a specified project. There might be a possibility of hiring them for a permanent position in the long run but they would serve the purpose with which you need them momentarily.
Software testing and programming, graphic design, accounting, marketing, sales, support – there are all kinds of experienced professionals with usually lower rates and you can hire.
4. Update social media platforms:
With all the great things that you and your business are doing, having a presence on social media is extremely important now more than ever. It helps candidates get to know who the employees are, what the company/business stands for, and daily life in the workplace.
It’s more cost-effective to hire through social media platforms such as Linkedin, and Twitter. Social media is a free tool that is a big part of people’s job search so make you are fully optimizing it.
It’s important to find the right talent for your business and thankfully, we just gave some tips on how to go about it without too much hassle.