And to succeed, you need not only to keep up, but also to be a step ahead of your competition.
Spotting trends, anticipating market changes and always being aware of what your competition is doing are just a few of the tactics successful business owners do nowadays.
We often talk on the blog of how important your team is for your success in business. We’ve said it before: a team can make or break a business.
So, how do you make sure you always have the right people on your team? How do you find a replacement quickly when an employee leaves your company?
Open vacancies are expensive for any company.
It costs you not only money, but also time, stress and the extra workload placed on the rest of your employees. So, what can you do to make sure this doesn’t happen to you?
In today’s post, we’ll talk about the importance – and benefits – of continuous recruiting.
What is Continuous Recruiting?
Continuous recruiting is the ongoing process of networking and building around you a community of rock stars you would like to have on your team.
Continuous recruiting occurs even when you aren’t advertising for a position.
Did you know that only 38% of employers continuously recruit throughout the year?
What many employers don’t realize is how harmful extended vacancies can be for the company and how it can affect the company’s performance.
Why Continuous Recruiting is a Good Business Strategy
It’s Cost Effective
Let’s talk money:
Consistently connecting with people, whether through social media channels – such as LinkedIn, Twitter or Facebook – or networking at industry events can help you connect with talent at almost no cost.
You connect not only with potential employees but also with people in your industry who can refer you to potential hires.
What does this mean for your business?
When you need to fill a position in your company, you’ll already have aligned several potential people from all you networking efforts.
You won’t have to waste time with a long, inefficient recruiting process. You just have to ask your online and offline network for a referral.
It Keeps Your Employees’ Motivation High
A March 2013 study found there is a direct connection between job stress and employee motivation.
The higher the stress, the less motivated employees feel.
With continuous recruiting, you ensure everyone in your company feels motivated. This raises the trust of your employees because they’ll see you making efforts to solve issues.
Continuous recruiting has many benefits not only for your business but also for the morale of your entire team.
Having a pipeline of talent lined up allows you to prevent and take control of the recruiting process, relieving you of the pressure to find employees fast. This keeps you ahead of your competition since you’ll have access to the best talent on the market.
So, what are you waiting for? Are you employing continuous recruiting in your business?