Employers: here is the only reason to recruit someone!

Posted by Bernie Reifkind on August 11, 2017

If you’re an employer no matter what the size of your company I urge you to please consider the following:

There is only one reason why you should ever recruit or hire anyone: profit.

If you think any differently, than go watch Dr. Phil or waste your time surfing the web, just like your employees are doing when you’re not keeping an eye on them.

It’s all about profit.  Money, period.

Never hire anyone unless you profit from it economically. After all, you are in business to make a profit or at least to stay in business.

Moreover, any hire should benefit you and you only. Even if you work for the largest company on earth, if you are the boss and you need to hire than your only motive should be to profit. Profit keeps you in business or it keeps you your job.

So really, it’s about the Benjamins. To make money.

Unless your game is charity why on earth would you settle on hiring someone that did not benefit you? In addition, why not hire the very best? Remember: profit.

The accepted estimate for the cost of a bad hire is 1.5 to 4.5 times the salary of the job in question, after all costs are factored in. These costs can include, among other things:

  • Interview time
  • Potential customer problems
  • Staff problems with low morale and/or having to replace an employee in the middle of an assignment
  • Lost profit margins
  • Reference checking time
  • Manager training time

Even if it takes a while to find the right fit, hiring the wrong person can cost you in ways that are exponential. Contact a healthcare recruiter and you’ll end up saving time and energy.

When you do find the right person, let others be involved in the interview process. Even subordinates can be part of the interview process. After all, they’re obviously going to work with each other.

After you have done all of your “due diligence” and you can feel it in your heart that hiring someone can benefit you, than pull the trigger. Don’t waste anymore time.

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