Updated January 2024
Hiring is one of your most important tasks as a new manager. You must find candidates with the right skillset, right attitude, and right fit for your team. It's a tall order.
Especially when you consider that many managers are under time pressure to fill vacant roles and don't have much space in their schedules for interviews.
Not to mention, if you're a new leader, you probably haven't done a lot of hiring and have only a vague sense of what an effective process looks like.
This is just one of the many ways companies let down their new managers. It's well known that training in this area is seriously lacking.
One study from consulting firm, West Monroe, reveals that an astounding 59 per cent of new managers get no training whatsoever upon transitioning into a leadership role.
Research shows a single bad hire can cost a company $25,000 or more. In a recent survey by Career Builder, 25 per cent of businesses said the damage could run upward of $50,000 per bad hire.
So, if you're new to management and facing your first round of hiring, what can you do to minimize errors and find the absolute best fit for each role?
Take a page from the human resources playbook. Follow these five steps for a more efficient hiring process.