The most successful companies are those that have a clear long-term strategy that includes the effective succession of internal employees into leadership positions. The best companies will work over a long period of time with recruitment agencies to find that perfect balance, where the best candidates are found for specific roles but there is an emphasis on hiring employees early on in the cycle, with a view to training them up in company ideals and giving people the chance to climb the career ladder internally. This helps to boost employee retention rates and lowers costs for the company over time.
Putting in place a long-term succession policy whereby most of the leadership and management roles within your organisation are filled by internal candidates, that have been with you for a long time, helps you to formulate a robust recruitment strategy and budget that focuses on the ground-level recruitment. This helps you to build a good relationship with a specific recruiter, who understands what it is you desire from the long-term of your company and helps to find applicants who are looking for a long-term and viable career within one organisation that offers progression and continuous training for personal development.
This approach to long-term succession plans and clear career progression for all employees is a fantastic way to boost workplace morale and raise levels of employee-retention. In turn, a happy workplace that rewards hard work and dedication, is likely to see a workforce that is productive and effective on a consistent basis, leading to happier customers and higher profits. A happy workplace, with clear direction at every level and a recruitment agency that understands the needs of the company and the type of employees it likes to have working for it, will help to create the perfect environment for a growing, successful business.
If you can get recruitment right at the very beginning of the cycle, your business can ensure that there is brand consistency and a consistent approach to the ideals and processes for the internal mechanics of the business for many years and decades to come. You can mould your employees into the future leaders that you would like. This helps to reduce the overall hire costs associated with your business, as instead of always relying on hiring external candidates (which often come at a premium price), you can hire for the ground level of your company and see natural progression through the ranks.
Working with the right type of recruitment agency will go a long way to developing an effective strategy that cuts long-term costs associated with hiring employees and develops a company and brand that understands what the long-term goals are for every aspect of the business. If an applicant for a job can see when dealing with a recruiter that the company in question offers regular training to develop personal skills and clear career progression, you are likely to experience a higher quality of candidate than if you are a company that churns through employees and always hires externally for the top jobs.