As someone who specializes in retention, one of the most common problems is when both the candidate (future employee) and the company have failed to establish each other's expectations regarding career progression and the rate of pay increase.
Having joined the firm, the employee discovers after 6 months to a year that their expectations are not likely to be met. The timeframe is much slower than they expected, leading them to start searching for another job and eventually leave the firm, which then has to recruit someone else. Given the high cost of employee turnover, this pattern is very inefficient for the firm.
So, next time you are recruiting, take care to ask candidates about their expectations in case they differ somewhat from what you can reasonably offer. In the long run, it will save you money.
Regards, Col
colbrown.co.uk
Having joined the firm, the employee discovers after 6 months to a year that their expectations are not likely to be met. The timeframe is much slower than they expected, leading them to start searching for another job and eventually leave the firm, which then has to recruit someone else. Given the high cost of employee turnover, this pattern is very inefficient for the firm.
So, next time you are recruiting, take care to ask candidates about their expectations in case they differ somewhat from what you can reasonably offer. In the long run, it will save you money.
Regards, Col
colbrown.co.uk