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Are Your Hiring Practices Helping Your Company,
or Holding it Back?
The most successful HR leaders recruit and retain great employees by using a mix of technology, training, and creativity.*
*Based on responses to the 2018 Paychex Pulse of HR Survey, conducted April 13–21, 2018 among 300 HR decision-makers at U.S. companies with 50 to 500 employees. The terms “most successful” and “top performing” apply to organizations who anticipated revenue growth of 10 percent or more in 2018 over 2017.
Bringing in great employees and encouraging them to stay will keep your organization ahead of the pack. The most successful HR decision makers do this by leaning on technology, training, and creative HR tactics, according to a recent Paychex survey.*
How do your hiring and retention practices compare with what top performers do? Take our five-minute assessment to learn what works and where you can improve.
Question 7/9
Do you offer staff ongoing training and development?
A YES
B NO
Question 8/9
Do you automate benefits administration (i.e., providing self-service options and/or automating key administrative functions) to free up time for other tasks?
A YES
B NO
Question 2/9
Do you rely on data to create candidate profiles as part of
your hiring efforts?
Question 3/9
Do you use technology to improve the onboarding experience for new hires?
A YES
B NO
Question 4/9
Is building and promoting company culture a key focus at your organization?
Question 5/9
Does your company strive to boost loyalty by finding ways to actively engage employees?
A YES
B NO
Question 9/9
Do you measure employee engagement regularly via surveys or other feedback tool?
A YES
B NO
RESULTS
Good work - now, take opportunities
to improve.
If technology plays a limited role in your hiring and retention, you may lag behind the competition. HR professionals at the most successful companies revealed in the Paychex survey that they rely on technology for everything from recruiting to onboarding and staff engagement measurement. Leaning more heavily on technology and training will net you the biggest payoff: HR leaders at the most successful companies use these two tactics much more heavily than their peers, the Paychex survey found.
Adopt their tactics to efficiently reach your HR goals. Start by:
Streamlining your recruiting. HR leaders at the top-performing companies keep their hiring pipeline full and their process streamlined by leaning on data to create profiles of the optimal job candidates. These successful hirers are 50 percent more likely than their peers to use technology to assess hiring history, craft job descriptions, and zero in on candidates that are likely to succeed.
Enhancing the onboarding experience. Do new hires have easy access to paperwork and company information before they start? Do you have a system for acquainting them with your culture and what’s expected of them on Day One? If not, consider that HR teams at six in 10 of the most successful firms use onboarding software to ensure that this all-important experience gives the right impression from the start.
Tracking engagement. Does your company know how satisfied employees are in their roles? The most successful organizations understand that this is key to retention, and
are far more likely than their peers to measure engagement regularly via short electronic surveys and other feedback collection tools.
Focusing on culture. HR leaders at top-performing firms use company culture as a tool to attract talent and drive results. In fact, nine in 10 report using this strategy, compared to just over half at other firms. Do you actively focus on strengthening company culture and communicating it to employees? Does your onboarding experience convey your culture to new hires?
RESULT
Great job — now, expand your tactics to ensure success.
Competition for talent is fierce — so although you already have some strong hiring and retention practices in place, you can still take them to the next level. Leaning more heavily on technology and training will net you the biggest payoff: HR leaders at the most successful companies use these two tactics much more heavily than their peers, the Paychex survey found.
See how closely your practices align with those of the top performers in these areas:
Recruiting and applicant tracking. How streamlined are your processes for posting jobs, reviewing applications, and scheduling interviews? Can candidates check their application status online so that they know where they stand in your hiring process? HR leaders at the most successful firms automate these steps for efficiency 50 percent more often than their peers at other firms.
Training. Are new employees continuously given opportunities to grow and build their skills? Do you offer career development and employee assistance programs to help staffers achieve their full potential in their roles? Top-performing companies are far more likely than their peers to offer these opportunities.
Onboarding. Are new hires acquainted with your culture before Day One? Do they have easy access to needed paperwork? HR teams at six in 10 of the most successful firms use onboarding software to provide a streamlined and engaging experience, compared to 35 percent at other organizations.
Benefits administration. How time-consuming are tasks such as benefits enrollment and updating information? What level of control do employees have over these processes? The most successful organizations are 50 percent more likely than other firms to automate benefits administration — for example, by providing self-service options for updating personal information, retirement contributions, and more.
RESULT
Congratulations! Your practices are solid — but stay open to improvement.
Your hiring and retention processes are strong, but don’t be complacent. Attracting and retaining the best talent requires you to continually evolve. Build on your good practices by asking yourself these questions and learning how your tactics stack up to those of the most successful companies:
How streamlined is your recruiting process? Is there room to tighten the steps between posting a job and making an offer? HR leaders at the most successful firms automate these processes for efficiency.
Do candidates check the right boxes? Are you consistently satisfied with the quality and relevance of applicants you attract? Consider that top performing companies are 50 percent more likely than others to use technology to craft job descriptions, assess hiring history, and zero in on candidates that are likely to succeed.
Do employees have growth opportunities? The most successful organizations are
70 percent more likely than their peers to offer ongoing training to help employees succeed.
Is your culture a differentiator? HR leaders at top-performing organizations report focusing on company culture to drive results. Understand what makes your culture unique and how that might be attractive to prospective hires. Look to highlight these points in your communications with prospective hires and staff.
Do you use software
or other technology
to streamline applicant tracking and recruiting?
A YES
B NO
Question 1/9
Question 6/9
Do you offer competitive benefits packages and perks, such as flexible scheduling, employee assistance programs, and wellness programs?
Use this checklist to define your HR goals and develop a plan to strengthen your hiring and retention practices.
Take the next step.
Thank You
FINISH
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