Every business aims for success, and high-quality recruitment is one of the most essential ingredients for achieving it. A 2021 survey found that 44% of small businesses felt hiring was challenging, saying there were not enough applicants and that those who applied lacked job-specific skills.
Additionally, these small companies claim it’s difficult to retain new hires. Voluntary departures doubled between 2011 and 2021. Even a modest turnover of employees can be extremely expensive, with one bad hire costing between $17,000 and $240,000.
Recruitment software for small businesses provides innumerable benefits. Most importantly, the process becomes more efficient, saving companies time and money. Additionally, it also makes hiring much more enjoyable for everyone involved, creating a better relationship between the new employee and their company and relieving an overworked HR department. However, the positive effects of using this type of service don’t end there, as it can also provide:
Talent acquisition is complex; taking the leap with a service can feel like a risky commitment for a smaller company. However, recruiting software for small businesses can be a blessing, and to truly reap the rewards, there are several key features to look for:
Talent acquisition can seem an ominous task for small businesses that don’t have the astronomic budgets and massive dedicated teams of their larger counterparts. For this reason, it’s crucial that a company creates a recruitment strategy tailored to its size and resources. However, it’s possible to attract top talent through:
These strategies can be implemented with the help of recruiting software for small businesses, which provides handy tools, such as ATS, automation, and more. This can contribute to a stress-free, methodical, and efficient hiring process, resulting in a positive experience for all involved.
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