Hiring the right employee does save you money by taking time to select the right candidate. You avoid unnecessary extra training costs along with loss of customer due to hiring someone not fit for the role provided. While this seems critical to the success of an organization I believe that there are more important aspects.
Research and Marketing teams help drive a business to succeed. I believe that this is the most important part of a business because without the team that determines if a product will succeed, you may not have the ability to employee people at all. There needs to be balance and that comes with looking at the assets you have available and determining what your company is in need of. In the beginning stages of a company I believe most of the resources should be spent on getting the product off the ground. Later on once you have a solid customer base and you are expanding your business, you should focus more resources into your recruitment and selection.
By focusing less on the people you are hiring to sell your product, it opens up a lot of new areas for your business to grow. When you pump all of your resources into hiring it keeps you from even thinking about expanding the business or finding new markets to dive into. There are companies out there that screen people for you and find you the best candidate for the job and can save you a lot of time and resources. I believe that by freeing your finances up, your business can grow in new ways.
One reply on “The Case for Recruitment and Selection”
Hi Austin,
I think the point you make regarding the balance of resources really captures how complex this topic is. I think that the cost of training is something that a lot of employers don’t take into consideration when recruiting and selecting an employee. Many times employers weigh the cost to acquire and pay an employee but they don’t look at the cost of getting the employee up to speed. If the employee that is selected does not come into the role with a high degree of training or experience, the employer will have to fill that gap if they want the employee to be successful.
Thanks,
Sara