Talent attraction and talent retention are two sides of the same coin — mismanage either of them, and it's going to hurt your bottom line. Indeed, research shows that it generally costs about a fifth of an employee’s annual salary to replace that worker. And with the labor market tighter than ever, do you feel confident about making difficult hiring decisions that might not result in long-term retention?
That's where the experts at Randstad come in. By overseeing the entire recruiting, hiring and onboarding process from end to end, we ensure that you get the best possible candidates — and that your new hires are ready to contribute bottom-line value from day one. Here are three ways we enhance the hiring process and deliver long-term gains when it comes to retention.
understanding (and communicating) the role
Someone with the right skills and experience for the role — nothing could be more elementary when you're looking to make a new hire. But believe it or not, things go awry in this department all of the time.
When you partner with Randstad, we get to know you and your business. That means undertaking an in-depth discovery process so that we can understand your culture, your business model and both your short- and long-term goals — all of which inform our approach to hiring. Based on our findings, we'll reach out to candidates from our nationwide network of qualified, pre-vetted talent. We'll also leverage the experience of our staffing experts to write job descriptions that deliver results.
Think job descriptions are essentially laundry lists of day-to-day duties? Think again. We'll help you frame the role and responsibilities in ways that will motivate and incentivize the right kinds of candidates to respond.
aligning with company culture
What makes your company tick? It's a fascinating question — and the answer has to do with organizational culture: all of those indelible factors that make up the DNA of your company. What's more, these factors go a long way in determining whether or not a new hire succeeds in a given role.
At Randstad, talent is our business. We're experts at breaking down and communicating all of the countless, hard-to-define facets of your company's culture. We'll use a structured approach to diagnose the aspects of your culture that make a difference when it comes to hiring the right candidate. That way, we can pinpoint candidates who have the attributes, skills and backgrounds to make an impact — and fit in — at your company.
identify the requirements for a successful engagement
We get it — you're looking for qualified candidates who can contribute value for your business. But there are so many other factors to consider, like choosing the right hiring model and understanding the trade-offs between short- and long-term goals when it comes to making the right hire. When your priorities are clear, your workers will feel better connected to their goals and be more invested in attaining them.
Randstad can help you gain clarity around those factors so you can embark on new hiring initiatives with a clear sense of scope from the outset. Working collaboratively, we'll be able to answer questions like:
- How does the scope of the project you're hiring for relate to big-picture goals?
- How long will it take to complete the project — and what kind of resources will you need to deliver on that timeline?
- What are the pros and cons of various hiring models in terms of budget and goals?
- Would all talent be brought onboard using the same hiring model, or does it make more sense to use a mix of different models?
Answering these and other questions will ensure the right resources are on-hand to support your project goals at every phase, from start to finish — and we don't stop there. Once you've got the talent you need, our research and insight will help you retain your workforce more effectively. From research into what candidates and employees want in terms of perks and benefits to all the reasons employees become disengaged and jump ship, Randstad's findings make keeping your top performers easier than ever before.
find the right partner
No matter the industry you're in or the role you're hiring for, Randstad can source, screen and acquire the talent you need to drive your business forward. We take a high-tech, high-touch approach to staffing, leveraging the latest technologies and our deep domain expertise and nationwide talent network to bring you the candidates you need — right when you need them. Click here to find out how we can help you reach your business goals today.