Working as a manager is both challenging and rewarding because you are often responsible for bringing in top talent. You do not want to risk hiring someone who will not stay long at the company or who will cause problems in the office — this will only make you look bad. This is why you should put together a management priority checklist to make sure that you are staying on target as a hiring manager.
Retention Rates
One of the first things you need to examine when performing a management priority check is your retention rates. Does your company have high retention rates, or is employee turnover a major issue that needs to be fixed? Depending on these statistics, you will be able to analyze where you are right now, as a hiring manager. You might want to look at these stats and then begin to make changes to your application, interviewing and hiring processes.
Placement of New Employees
Another aspect that plays strongly into your management success is how well you place new employees. Placement involves which jobs, and at which levels, the employees are placed in when hired by your company. Even if the employee applies for a specific job, they might actually be better for a higher-level job, or only be qualified for a lower-level job. If this is the case, you need to analyze the candidate very well during the interview process so you place the employee in the correct position.
Return on Investment
As you continue to walk through your management priority checklist, you should take a look at the return on investment. Each new candidate hired by your company is actually an investment, one that should be taken seriously and given everything they need to succeed. Each new hire brings a return to the company in terms of new sales, new clients or new customers. You need to make sure that the hiring process finds the best talent out there that will provide the company with a high return on investment.
Hiring Process
Every so often, as a manager, you need to step back and take a long look at the hiring process at your company. You need to make sure it is as effective as possible in finding top talent within your industry. You should also check if the application process is easy for candidates to complete so they know exactly what is needed of them.
Working as a manager in today’s fast-paced business world takes a lot of dedication and time. Every so often you need to take a step back and look at how well you are performing as a manager so you can stay ahead of the game. If you need help with this, or any other aspect of having a successful management team, contact the pros at TempStaff today.