Businesses all over the world are familiar with employee turnover. Some employees will inevitably move on to other firms. If it happens too frequently, however, it could belie underlying problems with your employee acquisition and retention strategies. Contract to hire staff is particularly susceptible to turnover within just a few weeks of their employment commencing.
However, retaining talented contract to hire professionals is within your power, and you don’t have to consider the costs of employee turnover to be inevitable. This blog explores how businesses can improve how they acquire and retain contract-to-hire employees.
What is Contract-to-Hire Employment?
Contract to hire jobs are short-term engagements, designed to encourage the employer and the employee to test out a role. If both parties are satisfied, this usually results in a full-time commitment with a permanent position. Also known as temporary or temp roles, this mode of employment is a means for employers to judge a new hire’s suitability for a specific role, as well as for the worker to prove that they are a valuable addition to the workplace, and determine their fit within the organization.
Many firms have a large number of such consultants at a time. It can be extremely challenging to dedicate valuable resources to acquire such talent, especially when the risk of turnover is high. Specialized recruitment agencies like CGT Staffing deliver a hiring solution geared toward long-term retention.
How Businesses Can Improve Contract to Hire Acquisition
There are two ways businesses can manage the hiring and retention function. The first is to hire a team of full-time HR professionals and dedicate them to workforce management. However, your costs do not stop there. In every instance of employee turnover, you will see bottlenecks and reduced productivity, as well as gaps in the transfer of business process knowledge.
Moreover, you will be faced with the daunting task of sourcing and screening a replacement, expending both time and money throughout this time-consuming process. That may prove too much effort for a business function that does not directly generate revenue.
This leads us to the second and more efficient way businesses can manage employee acquisition – a staffing partner that has experience delivering the talent you require. The staffing organization handles all necessary sourcing, screening, interviewing, and recruiting functions. This comprehensive service is one of the reasons why mortgage firms from all over the country trust our mortgage recruiters to deliver quality talent every time. Retaining these employees, however, relies largely on your actions.
How Businesses Can Retain Contract-to-Hire Workers?
Staffing agencies can do an efficient job of quickly finding talent and meeting the gaps in your staffing needs. As an employer, however, you have to proactively work with the agency in understanding how they handle things like contract-to-hire salary negotiation. At the same time, you need to prioritize the following steps to retain such employees:
Delivering a Lasting First Impression
Making good first impressions doesn’t just apply to a candidate applying for a role. It also applies to the employer offering that role. The very first interaction you have with a potential candidate will set the tone for the rest of your employee-employer relationship. Showing potential hires that you are a caring and inclusive employer is likely to have a positive impact on how the candidate perceives you and your firm.
Nobody wants to work in toxic work environments, and you can be sure candidates are on the lookout for red flags. You could end up losing valuable talent with a poor first impression at the outset of the relationship.
Make On-Boarding Easy and Simplified
As is the case with customer conversions, onboarding new employees as quickly and as easily as possible is essential for maximum retention. A painfully complicated onboarding process can often seem daunting, especially when it can work just as well in a simplified form. In companies with frequent and urgent staffing needs such as in manufacturing, our manufacturing staffers recommend that their clients streamline the onboarding process and make it as efficient as possible, filling talent gaps and removing bottlenecks as quickly as possible.
Engage With New Hires from the Get-Go
The engagement process does not end with onboarding a new hire. Both contracts vs contract to hire employees will appreciate the support you offer while assimilating them, especially during the beginning of their new roles. This isn’t just about helping new hires to feel comfortable; a thorough introductory period also helps employers and employees identify any problems that could be hampering productivity or adjustment, and allow all parties the opportunity to remedy it before it turns into a bigger issue.
Throughout the duration of a contract, you should regularly follow up with your consultants. You should focus on both acquiring and delivering frequent feedback, as well as being available to answer any questions about the workplace or the role. This effort pays off, especially if you offer them a more permanent position at the end of the contract.
Encourage New Hires to Understand Their Role
As a leading engineering staffing agency, CGT Staffing is efficient at delivering on any and all staffing needs with quality talent that matches your requirements. For less specialized roles, it can be difficult for new hires to understand how their role contributes to the business as a whole and its overall objectives.
The only way a new hire, whether temporary or permanent, truly becomes a working part of a business function is when they understand their role in the function. Knowing that their work is meaningful and contributive, new hires will attain a sense of value to your business. Encourage new hires to be inquisitive and curious about all aspects of the business. Likewise, be proactive in assuring temporary hires that the work they do is meaningful and valuable to the larger business.