Best Methods to Recruit New Hires

With low unemployment, finding new hires for financial and technical positions has become an unusually difficult task. How do you determine the best use of time and resources?

  • Newspaper or other media advertising is the traditional route for finding new employees. A downside of this method is that it can result in too many unacceptable applicants ... many of whom are over- or under-qualified.

  • Online resources and job-posting boards are gaining in popularity, particularly for those trying to fill high-tech jobs. Consider sites such as www.jobs-online.net or www.monster.com (also known as The Monster Board). There is a cost involved, of course, but the potential exists to draw many qualified applicants. This can result in applicant overload: Employers report that they receive hundreds, if not thousands, of resumes in response to on-line ads.

  • Some employers rely on what may yet be the best use of time and money: the recruiter. Recruiters can save time by weeding out resumes of qualified candidates, making follow-up calls, and using their network to secure a truly qualified applicant. While there is a fee paid to the recruiter usually based on the a percentage of the first-year's salary, the results often are worth the gamble.

The best method for you may depend on the type of company you are and the type of professional for which you are searching. Experiment with different methods, then select the method--or mix of methods--that works most effectively for you.

You may like these other stories...

For the first time in the five-year history of Vault.com’s rankings of the top 50 accounting firms to work for in North America, a firm has held the top spot as best accounting employer for two consecutive years....
With tomorrow being Tax Day, you might see some procrastinators at your office filling out forms, printing out paperwork, or getting last-minute tax advice from their accountant so they can meet the IRS’s filing...
You can read volumes on how to manage an accounting practice. But if you want the quick version, just read the following four points. Everything else is just commentary.  (These points come out of the 1997 book, The...

Upcoming CPE Webinars

Apr 22
Is everyone at your organization meeting your client service expectations? Let client service expert, Kristen Rampe, CPA help you establish a reputation of top-tier service in every facet of your firm during this one hour webinar.
Apr 24
In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel.
Apr 25
This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.
Apr 30
During the second session of a four-part series on Individual Leadership, the focus will be on time management- a critical success factor for effective leadership. Each person has 24 hours of time to spend each day; the key is making wise investments and knowing what investments yield the greatest return.