Human Resource is the most important assets for running a company successfully, be it small, medium or large. A good or fit for the job employee can place the company to unknown heights whereas a wrong or not meant for the job employee can drag the company to somewhere the company wouldn’t like to see it. Overall a good employee or a fit employee is one who can help the company go places.
Recruiting and hiring good employees is arguably the most key facet of running a business. Finding the right candidate is crucial because no sooner the management will start reassigning the wrong candidate, work tirelessly to indulge the wrong candidate into being more constructive or somehow fit into the organization. Rather than simply letting the candidate go away, scrubbing off all the time, money and effort you have invested to educate while he/she start working as adequate employee serving less than you deserved or desired.
Either way, there’s a drain of resources. Let’s proceed further and see why it is important to hire the right people:
- Time, money and effort are something which can’t be bought. However wastage of the same can highly affect the company and resist it from growth. While you and your managers are busy training and retraining the wrong candidate and trying him/her to fit among the rest, your business suffers. 66% of employers said they experienced negative effects of bad hires in 2012. 37% of these said, the wrong candidate had a negative impact on employee morale. Another 18% said the wrong employee impacted negatively on client relationships. 10% said the bad hire led sales suffer.(A study from the National Business Research Institute)
- While putting your focus on the wrong candidate and trying to make him actually “work” (which you have been doing so far), dissatisfies the other existing employees. It becomes totally difficult to manage to stay upbeat and keep pretending things are right when they’re not. When the wrong candidate wins over all your importance, your business and the rest of the nest are not attended to. Your business literally starts aching. This might also place the wrong candidate into a pool of “never ever heard” task or “can never do” task creating problems for him to get along with the rest.
- In today’s world where everyone is part of that collectively molded society where transparency is practiced, your company’s work culture would no longer remain veiled but would be prone to analysis. Job seekers who are active on social platform would discern the odds of your company which are of course reviewed by the same wrong candidate on whom you risked your time and effort. This is because things were equally not working for him as well while you were struggling your way to get yourself out of this maneuver. This wrong candidate whom we’ve nearly made a hero throughout our discussion would actually do nothing but open up his views for your company, highlighting them in his reviews. Now this is something serious stuff!!
This is where you would need your personal observation when you have that one “odd” among the fittest. You need to see and keep focusing that your reputation isn’t at stake while you try and make that “bad hire”. Well, now that you know the bad effects of a hire gone wrong, you can actually work on it the very next time you have a seat vacant.
Think about how important the position is, what are its responsibilities and the kind of result you’re expecting it to show. While doing this, do not forget to check on your online reputation, areas which might need your immediate attention. This time when you need or think of recruiting someone, get connected with us. We are Best Placement Consultants in Bangalore, we understand your need for a candidate and your expectations. We tend to provide you with the best pool of talent from which you can have your catch.