Taking the right steps in the recruitment and hiring process is essential – skipping or missing some of the critical ones can result in a bad hiring decision. This mistake can cost you up to 30% of the employee's first-year salary.
Bad hires negatively impact the project workflow, the company's reputation, and the business as a whole. Depending on the position and company's procedures, every new employee goes through a number of steps before an offer is made.
Most companies have their own hiring process. Specifics of the hiring process across industries may vary significantly, yet there are common steps to follow.
A detailed hiring process benefits every organization, as it helps to optimize the ability of the HR team to identify the strongest candidate. Having a consistent hiring plan will create a clear understanding of what needs to be changed or improved in the future. The hiring process doesn't end with the signed agreement – it slowly transitions to the onboarding process, and directly affects it. Both processes are tightly connected with each other.
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