How to Re-Recruit Employees

In today’s competitive job market, employers often focus on recruiting new talent. However, many overlook the importance of re-recruiting their existing employees. This strategy can be a game-changer for companies looking to retain their top performers and maintain a motivated workforce. 

Why Re-Recruiting Matters

Re-recruiting your current employees makes perfect sense. Keeping your existing A & B employees is far more beneficial than hiring externally. These employees are already familiar with your company culture, processes, and goals. By investing in their growth and satisfaction, you can ensure they remain engaged and productive, and in many cases you retain them for a longer period of time.

Remember, hiring a single new hire costs you on average $7,000 – $10,000 per hire, and that’s for entry level employees. Senior leaders and managers are much more costly to hire, take that number and multiple it by 2-5 times.  

Effective Re-Recruitment Strategies

1.      Conduct Monthly 1:1 Meetings: Regular one-on-one meetings with your employees are crucial. These meetings should be held monthly and should focus on the employee’s well-being and progress. A well-conducted meeting takes about 15-20 minutes per month. If you have six employees, that’s just 90 -120 minutes monthly. It’s a small investment that can have a huge ROI.  

2.      Focus on the Employee: These meetings should not be project updates. Instead, they should center around the employee, how they are doing and how you can help them get their jobs done better. This approach shows that you care about their personal and professional growth. When employees come to work, they don’t leave their personal life in the parking lot, they bring the whole person to work. 

3.      Ask How You Can Help: The most important question you can ask during these meetings is, “How can I help you?” This demonstrates that you are there to support your employees. When employees feel supported, they are more likely to be engaged and productive, which ultimately benefits the company in the long run and could employ the person for many more years.

Conclusion

Re-recruiting your employees is a powerful strategy that can lead to higher retention rates and a more motivated workforce. This powerful tool can result in higher top and bottom-line performance for the company. By conducting regular one-on-one meetings, focusing on the employee’s needs, and offering support, you can create a positive work environment that encourages growth and productivity and impacts the company’s bottom line. If you can increase employee retention you will lower the need to hire employees. The cost savings here are huge and the effort is minimal.  

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Small and medium-sized businesses may not have the time or expertise to implement the necessary people strategies for business success. The ideas above can be easily implemented by you to help improve the performance of your employees which leads to increased employee engagement and increasing the bottom line.

We are here to help you with the people side of your business: employee engagement, retention programs, performance management, vision, and strategic plans, leadership development, selection & onboarding, compensations programs, organizational design, employee handbooks, core values, and all things HR-related.