SoloPoint Insights

Looking Back so You Can Look Forward: The Importance of Planning Your Annual Hiring

As we head into the end of this year and start thinking ahead to next, one resolution to put on your calendar is developing out a strategic hiring plan for the next year. Even if you’re in a smaller organization, there are still many reasons why creating an annual plan can be extremely effective.

Let’s take a look at a few of the benefits this strategy can bring your company.

Improving Your Hiring Outcomes

No one wants to go through the effort of hiring people, only have to them quit within a few weeks. By creating a specific plan, and targeting the right kind of new hires, you’ll be able to reduce your turnover rates and know which candidates are going to be right to target.

Take steps to create an ideal candidate for each position where you may need to hire in the coming year. This will help you easily adapt whenever a position opens up and you won’t be stressing out trying to put everything together at the last minute.

Target the skill sets and personality types for each position to make it even easier to weed out your candidates.

Evaluating Your Overall Hiring Success

Until you measure your past success, it can be very difficult to set benchmarks for the new year. By creating an annual plan, you’ll be able to tell at a glance how things are working and whether or not you need to make some changes. Think about which benchmarks are important for your company.

For example, the basics you’ll want to track are your churn rate, training ease, and overall how candidates fit with your organization. Deeper tracks include adding in performance reviews, and gauging overall productivity levels.

Taking a Look at Your Strategic Partnerships

Do you currently have partners who are helping you with your staffing? Are they doing a good job? This is the time of year to take a good look at what’s going on and make sure you’re both heading in the right direction.

If you’re not happy with your staffing solutions, or they aren’t providing you with the candidates you need, it’s time to sit down and develop a new strategy.

These few steps can help you plan out your year in advance, reduce your stress levels, and help you find the perfect candidates when the need does arise.
Need more help with your hiring strategy? Ask the experts at SoloPoint Solutions for guidance today!