The Business Bulletin
How recruitment can boost productivity The Recruitment & Employment Confederation (REC) published a new report earlier this year, and there was one particular statistic in it that I found fascinating: getting recruitment right boosts UK productivity by £7.7bn each year.
If that wasn’t astonishing enough, I
the UK’s productivity. It explained
then read on to see that the overall
that recruitment enhances
cost of a bad hire to a business can be
competitiveness and productivity,
three times higher than just a wasted
bringing in fresh talent and growing
salary. These sound like enormous
businesses, but also that utilising
sums of money. Can they really be
a recruitment consultant helps to
justified? I believe so. In this article I
create better matches between
explore just how good recruitment
prospective candidates and hiring
can boost productivity.
companies.
The REC’s Recruitment and
But what does a recruitment
Recovery report 2021 was designed
company do differently that you
to look at how we can create a
couldn’t do yourself? The obvious
more productive and inclusive
factor is time. Trawling through CVs
labour market, and one of the key findings it made was that recruitment is a major driver of
to find the best candidates isn’t a quick task. But there is far more to it than that. The biggest benefit that I often give to companies is a fresh perspective, making them think about the role in a more detailed way than they might have first considered. The more information you put in the
Job descriptions We’re all familiar with job descriptions. However, there are certain elements that are often missed out that are actually pivotal to ensuring a good match. One of these elements is company culture. Finding a person who will be happy in your company environment is very important, but job descriptions are often task focused, forgetting about how the environment can have a massive impact on the productivity of staff. There’s also progression and whether you envisage this to be a static role or if there will be the chance for progression. Considering the ambition levels of the prospective candidate and ensuring what you’re offering actually matches their expectation is crucial. Furthermore, what about training? How does your company handle training, and how important is ongoing development with this particular role? Whilst all of these elements matter,
job description and the
the biggest problem of all that I find
more you’ve considered
in job descriptions is down to the
the role from all angles,
job title and the interpretation of it.
the better chance you’ll
An Office Manager or Warehouse
have of finding the
Manager, for example, could mean a
perfect candidate and of
hundred different things to a hundred
them staying long term.
different people. When you consider
Issue 11 – Operations and Resources | 9
