Why Your Company Needs a Hiring Plan

by | Jul 17, 2020 | Applicant Tracking Systems

applicant tracking software Germantown

Do you hire on an as-needed basis?

In other words, when someone quits, you kick into hiring mode?

Turn a reactive hiring operation to a proactive one.

You do this by developing a yearly hiring plan.

  1. You will find higher quality workers
  2. Your organization will grow faster
  3. You will boost employee morale
  4. You will maximize your recruiting budget

What Is A Yearly Hiring Plan?

A hiring plan is long-term strategy for your human capital needs. It forecasts the talent you will need and outlines the steps to meet those needs.

How Will A Yearly Hiring Help My Company?

A hiring plan ensures uninterrupted productivity. When you anticipate talent needs, you can take the time to find the ideal staff member for each job role. 

A carefully-sourced hire adds value sooner than a rushed hire. It increases the quality and expertise of your labor force.

How Do I Create A Yearly Hiring Plan?

  1. Evaluate your current labor force
  2. Align talent needs with business growth forecasts
  3. Identify if your hiring processes are effective
  4. Create a hiring roadmap for 2020 and beyond

Assess Hiring Needs

First, survey each business function. This means the executive team, managers, and several existing employees.

Assess the hiring needs for the coming year (or longer). Will you be adding product or services? Will you be opening new markets?

Determine if you have skills gaps. Identify if you have current employees who could fill some of the positions.

Talk to the executives about the business strategy. Which new roles will be necessary? 

Once you have finished your plan, you will need to circle back if the hiring budget is too low.

If your organization is too large to talk to everyone in person, design a survey. If you use WorkforceHUB, post a link to the survey on the HR interface.

Next, evaluate your hiring processes.

  1. Are you hiring quality associates?
  2. Are you filling positions in a timely manner?
  3. Does the process work efficiently?
  4. If not, what do you need to improve?

Make a plan to improve your hiring processes. Combine your hiring plan with your recruiting process improvements.

ApplicantStack is the industry-leading applicant tracking system from Absolute Payroll Inc. If you aren’t currently using an applicant tracking system, talk to us about ApplicantStack.

With ApplicantStack, you find better associates, faster. It helps you maximize your hiring budget. Automated scoring measures soft skills and increases diversity. Collaboration tools help your team work together efficiently.

Bottom line?

ApplicantStack will help you administer your hiring plan to grow your business.

 

Contact Absolute Payroll Inc for information regarding WorkforceHUB™UPGRADE TODAY

Absolute Payroll Inc offers WorkforceHUB, the Human Resources Management System (HRMS) that makes it easy to optimize the performance of your supervisors, employees, and company workflows.

WorkforceHUB includes TimeWorksPlus, TimeSimplicity, TimeWorks Mobile, and ApplicantStack. We’ve just added hiring, onboarding, benefits enrollment, performance reviews, and employee engagement! WorkforceHUB was developed for busy employers like you who need to reduce cost-per-hire, streamline scheduling, automate time tracking, maintain regulatory compliance, and reduce labor costs.

How much can you save? Check our Absolute Payroll Inc ROI Calculator.

We can get you up and running with WorkforceHUB immediately. Contact us today to book a demo.

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