Finding the right employees in today’s world can be a challenge. In a time when unemployment rates are at record lows, it is important to realize that you often have to work really hard just to find the employees that you need. Once hired, an equally daunting task is making sure that you are able to keep these workers. Fortunately, there are a number of executive search firms that will help achieve both of these goals.
Human resources consulting firms offer companies of all size hiring options and staff development options. Although there may have been a time when both large and small companies had their own human resources departments, the fact of the matter is many of these services are now contracted out.
Human Resources Consulting Firms Offer a Number of Essential Services to Their Clients
If you have ever had to fire, train, or fire someone then you likely know of the challenges that are involved. Without the right preparation, in fact, all of these essential tasks ca be a challenge. Starting with the screening process that is needed to make certain that you are getting the right kind of candidates, it is also important to do what you can so that your company’s talent acquisition is not wasted.
One of the important factors in many executive hiring positions is commission. Your company, for instance, can effectively pay the same to a Solutions Engineer as they have offered to the sales people, but the commission is what is often the difference. If you are looking for an employee who will definitely be at the high end of the salaries that you are paying, you want to make sure that hire will stay. If, for instance, the software engineer compensation is alright, but the commission is a little out of whack you may risk losing a valuable asset. Human resources consulting firms can help you look at the overall value of the contract to the company and it realize which positions are a major generator of revenue, so you can understand the need adequately compensate the SEs when this is the case.
In any hiring position there are two variables: salary and commission. Delivering software is a service but it is also a combination of providing all of the supports that will be needed. This means that you will need to accommodate the employees who are going to be able to provide the most value to your customers. Every time that you are hiring a new employee, for instance, you may be technically looking for someone who will be managing people, but you also have to take into consideration that this person may need to be someone who has a great track record for working with the coders.
The latest research indicates that 86% of companies with employee recognition programs cite an increase in worker happiness, but this is just one of the ways that many companies are working to keep their current employees. In addition, there are many studies that show that a diverse work environment also leads to added productivity and satisfaction. In fact, McKinsey’s research indicates that gender-diverse companies are 15% more likely to outperform their peers, while ethnically-diverse companies are 35% more likely to accomplish the same. Unfortunately, the latest research also indicates that while the percentage of female CEOs in Fortune 500 companies topped 5% for the first time in the first quarter of 2017, there are still only 27 women heading major firms.
These are challenging times in the world of hiring. In fact, a 2016 Gallup poll indicated that Millennials are the “Job Hopping Generation,” with six in 10 open to a new job at any given time. This makes them more likely than any other generation to switch jobs if they are not satisfied with their current employment. If your company wants to hire and keep the best talent then it might be in your best interest to work with one of the top human resources consulting firms.