High quality local executive recruiting firms from JosephMichaels
Top rated CEO local recruiter firm in the US? Why Companies Choose to Partner With Recruiting Agencies? Currently, the average time it takes a company to fill a position is roughly 36 days, and it’s unclear why employers take over a month to hire new staff. We also know employee turnover is on the rise as well. A study by the research firm LeadershipIQ found that 46% of new employees either quit or are terminated within the first year and a half of employment. Here are six reasons why it takes an average of five weeks to fill vacant positions and why are companies struggle with new hire retention. See additional info on retained executive local recruiting firms.
Continue Recruiting Even if You Aren’t Hiring! For some, the inherent cost of extending an offer and onboarding a new employee is not feasible at this time. As noted before, no industry or company is immune to the economic reaction to COVID-19, but some have been hit harder than others. However you communicate with your candidates, remember that transparency and honesty are key. Avoid “stringing people along,” if you know you cannot extend an offer now, be honest about it. Nothing travels faster than bad news, and a disgruntled candidate is far more likely to spread the word.
Managing Costs. Many SMB leaders have been taking a careful look at their costs during the pandemic, and some were even surprised by areas of their business that had become bloated. Leaders can minimize surprises like those by more regularly assessing changing external and internal risks and opportunities brought about by the pandemic, and realigning their resources around those factors. By maintaining strong financial discipline, leaders can be better prepared for the unpredictable. When leaders operate a lean business, they free up resources to invest in innovation that can lead to new growth.
When hiring, give an edge to qualified candidates who have made it through multiple layoff rounds. They’re used to picking up the pieces after a massive layoff and are a better bet to know how to keep the operation moving smoothly. Be clear with them on company plans, and they may start imagining how to fix situations and turn things around. Identify candidates that have a track record of succeeding at things they’ve never done before. While most people can continually succeed in an upward linear fashion by building on prior experience, we are not in a linear period at the moment. The person who can repeatedly succeed in unknown situations is what some companies will need for fresh ideas and reinvention.
A great recruiting agency will create a long-term strategy for your staffing needs and implement this plan as your company grows. For midsize companies, recruiting agencies are critical when it comes to building talent pipelines the company can refer to when their next job opens, whether it’s a new position or a result of turnover. Long-term planning and pipelining ensure that mid-size businesses keep their momentum and meet demands.
In today’s volatile market, finding the most talented candidates to lead your company can be imperative to your company’s success. That’s why the executive search firm of Joseph Michaels International is eager to develop a quality recruiting partnership with your corporation. Our consultants work closely with you and our highly qualified candidates to find the best match for your top level executive openings. Review our full list of practice areas. We add new industries and disciplines regularly, so be sure to check back often to see how we can meet your needs. Find extra information on josephmichaels.com.
Few vendors can keep up with our demands, given our growth. We needed someone immediately. Your team responded so fast, they practically met our deadline of…YESTERDAY! KUDOS to you and your staff. We’ll be in touch with our future needs for sure. We were very selective. I would not have blamed your team if they had thrown in the towel after we refused almost a dozen good candidates, but they stuck with it and finally filled our Controller position with an excellent candidate. I have worked with Joseph Michaels International for nearly 10 years now, as a candidate, and as a client. It’s nice to know I can always count on you.