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How to prevent bad hires?

Did you know that a bad hire can cost your business anywhere from 30% to 150% of their annual salary? 

This is one of the many reasons why it's crucial to have specialized recruitment, especially when it comes to hiring finance professionals.

Recruiters who are not specialized in finance often lack the knowledge and expertise to identify the right candidate for the job. 

Finance roles are becoming increasingly complex, and generalist recruiters may not have the necessary skills to assess candidates' suitability for these complex roles. 

This can result in hiring candidates who may not possess the skills and experience required for the position, leading to negative consequences for your business.

Bad hires can cause significant financial losses, decreased productivity, morale issues, and a damaged reputation.

To avoid these consequences, it's best to utilize specialist finance recruiters. 

Specialist recruiters have the knowledge and experience to identify and assess the right candidates for the job, develop a targeted recruitment strategy, and create a compelling employer brand.

Here are some tips for finding and working with a specialist finance recruiter: 👇

- Look for recruiters with experience in your industry and the types of positions you're hiring for.

- Ask for references from other companies that the recruiter has worked with.

- Communicate your hiring needs and expectations clearly.

- Provide the recruiter with detailed job descriptions and get on a call with them to explain your preferences (which might not be covered in the JD).

- Work with the recruiter to develop a targeted recruitment strategy.

- Give detailed feedback to the recruiter on profiles shared by them

Investing in a specialist finance recruiter can significantly improve your chances of hiring the right people for your business. 💯

P.S. - If you're looking for a specialist finance recruitment partner, consider working with @Corenza. Contact us today to learn more about our services and how we can help you achieve your hiring goals.