So you’ve hired a new member of staff. You’re really pleased that you have found the right person and that they’ve accepted your offer. Their references check out and you’ve agreed a start date. So what do you do next?
A lot employers think that the recruitment process is the only important step to hiring the right staff. However, once you have hired the right person it is imperative that you keep them. On average according to a study by Oxford Economics the cost of replacing the average member of staff is over £30,000! This includes the cost of lost output whilst replacing an outgoing workers and the logistical cost of recruiting a new worker and getting them up to speed.