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[INFOGRAFIC] Cut Your Cost by Hiring The Right Candidate
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[INFOGRAFIC] Cut Your Cost by Hiring The Right Candidate

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Sep 02, 2016 at 04:56 PM

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Just by hiring the right person in your company, you could save more time and money without you realize it. RolePoint reported that you could save up to $12,500 by avoiding a toxic employee. But how do you not only hire the right person, but also giving you the desirable impact? 

1. Write an awesome job description

You probably thought that you've provided a good job description but a survey showed that only 36% candidates agreed. 

2. Use the mobile approach

Its undeniable how strong the usage of mobile devides these days. So use it as your advantage.

3. Start employee referral programmes 

InMobi is a company that instead of hiring an external experts for branding, they hired two college interns for their branding. The interns empowered the whole team, with other 900 InMobians to be the brand ambassador. The company encouraged InMobians to decide on the best people to join the firm. It rewarded “experiences” for referrals, as opposed to cash amounts – such as international vacations and iPhones. 

Results: Referral numbers rose by over 100%, while InMobi’s recruitment costs reduced by 95%!

4. Encourage talent mobility 

DBS Bank has its own internal mobility programme that facilitates transfers to other departments or DBS' 6 key markets. The programme was such a great success that 26% of their job was filled by the internal transfers programme in 2015.

Source: HumanResource

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