Companies still hiring in tough times

Press Release from Hirewall Limited

Companies still hiring in tough times

Organisations need to scrutinize every single hire

The thought of hiring in this economic crisis may seem like a very distant one to companies, with the loss of 115,416 jobs this December in the USA alone. While this may be a disturbing statistic, there are many companies still hiring today.

Companies need to examine how they hire:

With any new hire comes significant risk. The risk of losing brilliant candidates to competitors or the risk of candidates not fitting in with an organisation and more importantly the team. It is estimated that:

"The cost per hire is $4000 on average with $14,000 for Executive roles. The average time to hire is 15 weeks for Executive and 9 weeks for management/professional positions" - Conference Board of Canada

Introducing Hirewall, a web-based hiring system for SME’e that allows employers to secure great candidates before their competitors. Hirewall does this by prompting and weighing every hiring decision using simple web software. Hirewall gets entire teams involved in finding that new employee which ensures team buy-in and candidate fit before a hire is made.

"22% of staff turnover occurs in the first forty-five days of employment." ..“The cost of losing an employee in the first year is at least 3 x salary.” -The Wynhurst Group

By streamlining a recruitment system Hirewall’s workflow engine allocates tasks, prompts and weighs each decision that needs to be made. Allocating tasks, keeping audit trails of what has been done and driving the process forward.

"1/4 of our respondents pointed to this real human issue…the need for new hires to bond with co-workers and the direction the company is taking. The finding underlines what all HR professionals know...that people stay with an organisation only if they feel connected." -Tim Vigue

Traditional hiring systems focus on collecting information. Hirewall focuses on hiring management and decision management. Hirewall focuses on action.

Hirewall is available for beta signup free. Please go to http://www.hirewall.com for more information.

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