Recruiting mistakes can become quite costly. Estimated costs for recruiting mistakes range from 30% of an employee’s salary up to $240,000. Hiring the wrong person has direct monetary costs: hiring expenses, overhead, salary, and benefits; indirect monetary costs resulting from wasted time with onboarding and training; and opportunity costs in what the right person could…
Tag: hiring employees
6 Steps to Hiring Seasonal, Temporary or Temp-to-Hire Employees
Hiring seasonal, temporary or temp-to-hire employees demands organizations invest time and effort to find the right people for the right positions. However, this process can become a drain on valuable resources such as staff time and attention. Companies must be agile and efficient throughout their hiring process in a highly competitive, fast-paced business environment. Companies…
Read more 6 Steps to Hiring Seasonal, Temporary or Temp-to-Hire Employees »
Rethinking Job Requirements: Building a Labor Shortage Strategy by Hiring for Soft Skills
American companies have typically focused on specific job requirements when hiring employees. Requirements such as degrees, certifications, and relevant experience generally headline job ads. However, the focus shifts to hiring for soft skills during times of labor shortages. So, what does it mean to hire for soft skills? Labor shortages mean a limited supply of…
Hiring a Staffing Firm: How Biotech Staffing Agencies Are Truly Effective
One question often comes up among top-level business executives: Are staffing firms truly effective? A staffing firm’s effectiveness largely depends on the value they deliver to customers, and the value provided varies from firm to firm. In today’s competitive corporate world, even the slightest edge can mean the difference between success and failure. The most…
Read more Hiring a Staffing Firm: How Biotech Staffing Agencies Are Truly Effective »
Everything You Need to Know about Hiring Remote Employees
In today’s modern business landscape, working remotely has become an increasingly important part of the workplace. This shift is causing companies to adjust their staffing practices to accommodate remote workers. There are two angles to consider. The first consideration is part-time remote work. Specifically, workers that split time between on-site presence and remote work. These…
Read more Everything You Need to Know about Hiring Remote Employees »
10 Things to Know about Employee Background Checks
A background check is an essential part of the hiring process. A thorough background check allows your company to hire the right person for any position. In particular, background checks enable you to spot red flags ahead of time to avoid negative consequences when hiring. There are three main types of pre-employment background checks. The…
Read more 10 Things to Know about Employee Background Checks »
5 Ways to Hire Staff Quickly and Effectively
Great employees are a biotech, pharmaceutical or medical device company’s lifeline. As Virgin founder and CEO Richard Branson once pointed out, “Clients do not come first. Employees come first. If you take care of your employees, they will take care of your clients.” Indeed, top-notch employees can make or break your business. However, the challenge…
10 Interviewing Tips for First-Time Hiring Managers
Mastering interviewing requires a combination of skill and experience. Therefore, you must prepare for each interview as best you can. In doing so, you can stay organized and focus on what truly matters: finding the right people for your biotech or medical device company. In this article, we will discuss ten interviewing tips for first-time…
Read more 10 Interviewing Tips for First-Time Hiring Managers »
5 Reasons to Use a Staffing Agency for Hiring Employees
Corporations often face challenges when hiring new employees. In particular, employees with specialized skills in biotech and medical fields may prove to be a complex task. After all, attracting top-quality talent represents an investment in time and money. As such, some staff turnover may represent a needless drain on corporate resources. A viable alternative (or…
Read more 5 Reasons to Use a Staffing Agency for Hiring Employees »