There are a large number of business owners in America, both big and small. These people work hard day in and day out to try and bring success to their business. Many business owners will try everything possible to make sure that they have success, but it is much more difficult than many people think.
One of the most overlooked aspects of a successful business involved the process of staffing your workplace. So many business owners try to focus on the wrong aspects of their business when all it takes is you learning how to properly staff your team. Once you staff your team with the right people, the sky is the limit for the success of your business. Here is what you need to know about how a successful business will staff your team.
The human resources department is the most underappreciated part of a successful business. People do not understand how important it is to staff your team with the right employees. You can work with temp agencies, staffing agencies, and even recruiting agencies to make sure you staff your team with hardworking people that will stay with your business.
Save Yourself Money
One of the worst things that can happen to your business is to lose employees and there are statistics to back this up. Employee turnover can cost your business anywhere between 30 to 150% of the employee’s salary and the annual costs of employee turnover are $11 billion.
Over half of all business and corporations say that they view employee retention as a serious problem and 46% of all professionals working in human resources believe that employee retention is their greatest concern. Understand that just about 22% of all new hires will leave their jobs within the first 45 days being hired. Allow for human resource professionals to help you create employee recognition programs because this has been proven to cite an increase in worker happiness.
Staff Your Team For The Best Results
Make sure you hire employees that are going to not only stay with your company, but will also work hard in the workplace. Over 93% of all recruiters will go out of their way to view a candidate’s social media profile. All employees that have to go through structured onboarding programs are more than 50% likely to be with the company after three years.
Research has been conducted by a group called McKinsey that works to discover new information about business and how a workplace can have success. Their research has revealed that any company that is gender-diverse is 15% more likely to outperform their peers. Also, they revealed that ethnically-diverse companies are 35% more likely to outperform their peers as well.
You can work with temp services or a staffing company to properly staff your team so you can find true success with your business. There are so many different aspects of running a successful business and as a result you should make sure that you cover your bases so that you can find success. People work hard and still fail often when it comes to being successful. So you need to make sure you have all of the help that is possible so that you can lower and minimize your chances of failing.