It is very common for employers to regret the people they chose to hire for their businesses. In fact, nearly 3 in 4 employers say they’ve hired the wrong person for a position in their company. This has been elevated recently due to the amount of workers that were let go or left their positions during the COVID-19 pandemic. Businesses are hiring people too quickly in order to fill their position, and it is leading to consequences for these employers.
The company Better felt these consequences in December 2021 when after overhiring and hiring the wrong people for the company, they had a mass zoom call in which 900 employees were fired. The company not only lost these 900 employees, but also suffered heavy criticism on social media who felt that this move was too harsh. This is what happens when companies hire too quickly, and slowing down the hiring process could prove to be more beneficial.
Hiring slow means carefully considering the needs and expectations of the role you’re looking to fill. Drafting a job description that fits these needs helps to ensure that people who are looking to apply are a good fit for what you need. Make sure to describe skills that are needed for long-term success, and keep in mind how each candidate matches those skills while also contributing to the team dynamic of your company.
Keeping these things in mind and taking the extra time to choose candidates carefully will slow down the hiring process, but these extra steps can save your business time, money, and energy in the long run.