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The hidden costs of recruitment
Recruiting a new person is a pain. No two ways about it. It costs time and money, and you don’t always get a result.
Have you ever put an ad on TradeMe or Seek, paid your 300 or so dollars and got either nothing, or a flood of migrant applicants who need visas? Or maybe a shop assistant from Glassons? No disrespect to Glassons or shop assistants but that person probably won’t have the right skills for your welder or farm manager position.
Then, even if you’re lucky enough to have a half decent applicant, they don’t turn up to interview, want double the going rate or can’t pass a drug test. Sound familiar? All this effort and to no avail.
Recruitment must be done, so why not give the headache to someone else?
So, what’s the real cost of recruiting someone?
When recruiting, it’s easy to write it off as just the cost of the job ad. Sadly, it’s not that simple and indeed much more expensive than most people think.
Let’s look at the real cost in terms of your time and ultimately money.
Of course, all of this is based on you getting good candidates first time around.
If you get none, your time will double.
And, if you recruit the wrong person, then you’re potentially up for big bucks in performance management, loss of productivity, lower staff morale when people have to shoulder the burden of extra work, legal fees, union involvement… in short, one big mess.
Connor Brady
Partner
E: [email protected]
T: (07) 839 6666
M: 021 706 727
It pays to work with recruitment and HR specialists
This way, you get a good list of candidates and your employment process is robust.
Government Plan to Overhaul Employer-Assisted Work Visas Will Have Huge Impact on Employers
In December last year, the Minister of Immigration the Honourable Iain Lees-Galloway put out for public consultation, a proposal to completely overhaul the Employer-Assisted Work Visa programme.
The proposal has potentially far-reaching consequences for New Zealand businesses who have migrant staff or who plan to hire migrant staff in the future.
Given the bulk of the consultation period covered the summer holiday period (expiring in March), the vast majority of businesses appear to be completely unaware of the proposal.