Recruiting, hiring, and training of staff is time-consuming and costly, especially for small and mid-sized businesses. See how GMS can help with training and recruitment for your company.
The Cost of Hiring and Training
In an ever-tightening labor market, employee recruitment, training, and retention has never been more challenging for small and mid-size businesses. From creating a job ad to finding the right candidate to providing opportunities for employee development, the cost of hiring and training adds up. Did you know:
- The entire interview process takes an average of 24 days, with the average cost of a bad hire equaling 30% of that employee’s first year potential earnings.
- The average employer spends 34 hours per year training employees, with small and mid-sized companies spending an average of $1,888 per employee on training and development.
- The average cost of employee turnover is 33% of the worker’s annual salary.
How a PEO Can Help with Recruitment, Hiring, and Training of Staff
Professional employer organizations (PEOs) like GMS offer guidance on hiring and training and manage the administrative burdens associated with all aspects of the employee life cycle. You retain full control over hiring decisions, we just make those decisions easier for you.
Recruit Top Talent
How much time do you spend writing a job ad? Or going through resumes? GMS makes small business recruiting faster and easier. We’ll do all of the legwork before an actual interview is conducted, so you can spend your time choosing from a pool of quality candidates.
GMS has a partnership with Indeed to make the process of posting job ads and attracting quality candidates faster and more cost-effective for our clients. Additionally, businesses that recruit with GMS will get access to an Applicant Tracking System. Our system tracks every part of the hiring process. Have you ever wanted to know where your candidates are coming from or how long the process takes? GMS can provide insights to help streamline the recruiting process.
Even the best employees aren’t as likely to succeed if they don’t have proper training. Employee training is an effective way to teach new employees and develop existing workers. GMS offers online employee training programs for small and mid-sized businesses targeted to your employees’ specific job functions.
Retain High Performers
Attracting quality employees is one thing. Keeping them is another. GMS can help you retain employees – and limit turnover costs – by consulting with you on:
- Team building activities
- Employee rewards programs
- Employee incentives
- Survey tools
- Suggestion systems
Contact us today to learn more about how our employee training and recruitment services can make your business stronger.