Finding good employees can be hard, and figuring out where to invest time and resources can be difficult. Workplaces are continually evolving, and small businesses need talented employees to workforce changes. Should you recruit candidates that have experience, or train your current workforce for the open roles?
It will come down to time and money. How much time do you have for employees to train? Do you have a good training program in development already? How much money do you need to invest in to get employees up to speed?
Hiring
Hiring a new employee who is experienced in what your company is looking for is the best solution for filling a job position. An experienced new hire should onboard quickly through the learning period every new hire goes through when starting a new job. An experienced employee can navigate the professional world and quickly develop their own methods for resolving problems that can arise in the workplace.
Training New Hire
If the cost of hiring new experienced talent is unaffordable for your business, then training existing employees to develop their skills for the future needs of your business is also a great idea. Existing employee’s cultures are already tailored to your business culture.
PEOs and Onboarding New Employees
As a small business, its difficult to compete with the more giant corporations when it comes to recruiting top talent to your business. Outsourcing a PEO company can help you stand out in recruiting new talent, hiring, and training employees. Recruitment through a PEO service is becoming a common way for small businesses to increase the quality of talent.
A PEO company, a professional employer organization, helps small and medium-sized businesses manage human resources functions, such as payroll, accessing benefits, and other employee-related administrative needs.
By outsourcing your recruiting toa PEO company, you can increase your new hires, and train employees with proper onboarding. Below are ways a PEO company can help you hire and train new employees for your business.
Widen Network Reach
Many new hires are discovered through networking, not job boards, which means that talented candidates may not know that your business is hiring if you aren’t using the right connections. A PEO company has a much broader network that individuals’ activities and can leverage their reach to help find quality candidates for your job opening.
Manage Salary Negotiations
The process of negotiating salaries can set the tone for the expectations for employees further down the road and for the employee’s approval with their job. The PEO company works closely with your payroll, benefits, budgets, and position requirements. They also have their knowledge of your business, which gives them the insight that is needed to work through salary negotiations with potential new hires.
Improve New Hire Experience
Having positive experiences with candidates improves your brand. Negative experience affects employee satisfaction and retention. By outsourcing your recruiting to a PEO company, you can streamline administrative tasks that way candidates are not left waiting for extended periods while you are completing the next steps in the recruiting process.
Ease Onboarding
The process of onboarding new employees into your business can be tedious since it prepares your new hires for how the industry works and communicates the expectations, missions, values, and culture of your work environment. Onboarding employees properly helps new hires understand their role with the company and helps them become a productive member quickly. A PEO company will work closely with new hires to navigate with starting a new job, from filling out paperwork, training, and accessing handbooks and procedures.
Takeaways
Outsourcing recruiting, hiring, and training to a PEO company is beneficial to making sure that your business is hiring and adequately training good candidates that will work well for your business. Partnering with a PEO company, your business can access additional benefits. You can find a PEO companies list from Retire at 21.