Any business entrepreneur should not only possess big degrees in his resume but also acquire good business skill and knowledge to run his company. He must know what are the negative traits that can bring his business down to losses. There are several areas where a business can make profit or failure, recruiting comes as one amongst the many other parts of a business organization. So it also has its positive and negative results which make a high impact on the company’s stature in the market financially and reputation wise as well.
We have shortened a few negative impact of inappropriate recruiting and discussed below:
- According to Mr. William Almonte, the company’s product sale can be affected depending on the recruiting experience of candidates. The results of frustrating candidates bounce back while it comes to buying your product. Hence, a number of people who could have bought your product and recommended it to others also got turned off. Here, you can observe the scale of purchase has come down due to the negative impact you left while interviewing candidates, who might very well be your regular customers. As we all know, customers are considered no less than God, because they are able to bring more profit to you by only sharing their opinion about any brand or its product.
- In any revenue based sales job, low performers can impact heavily on your business. If your employees are not up to the mark and do not satisfy your customers, it is surely going reduce the profit. Hiring right candidates for any post has its importance in the way they are performing and presenting the project or any product. Depends on their innovation, skill, and efforts to please the customers the reputation and business both rise up.
- As per Mr. William Almonte, an expertise in the recruitment field, another significant impact of a bad recruiting lies on losing out on candidates at any given time. It is a tendency seen and observed in many fields, that employees who lack efficiency, dedication for the job, are not bothered to excel and willing to quit any time. Here, comes the cost involved with each recruitment. The ads placement cost, replacement cost, and more importantly the bearing cost of a vacant position. Since a vacant position will garner no revenue but loss. So the company can neither afford to have a misfit employee nor any vacant position for long, as both will only lead to a deficiency in the bank account.
It is important to grow the awareness of recruitment and the result it brings afterward positive and negative. The productivity, sales, can highly increase solely by proficient and dedicated employees. Those who are eager to serve more and willing to survive are the ones to hold onto. As they can only generate positive customer reviews and build up a good reputation in the market. While on the other hand, the inappropriate employees can ruin the business in many ways.