Hiring the right people is one of the most critical jobs of any manager.
In a world of shrinking budgets and expense reduction, each hiring opportunity is golden. It’s even more critical now as an employee’s willingness to stay long-term with any employer is a constant challenge.
In my more than 32 years in risk consulting, there has been no single hiring approach that works all the time. But here are some things I’ve learned along the way…
6. Look for a good cultural fit
A prospective hire needs to fit into your company culture. The interview process should create understanding on both sides. Does the candidate fit out culture? Does the candidate want to be part of our culture? This applies to experienced hires, as well as entry-level positions.
5. Discuss the career path
You should provide an honest outline of the current position, progression steps as experienced is gained, opportunities for advancement, and what paths this may include. Most employees will want to see that there is an opportunity to advance their skills and grow - financially and professionally.
4. Diversity counts
Expand your scope, and look beyond current job requirements to possible skills needed in the future. Look to non-traditional sources. Veterans groups for example.
3. Internship programs work
Providing insight into the opportunities in insurance early in one's college career can be a huge benefit to prospective employee and employer. Work with nearby colleges, universities and community colleges.
2. Must-have skills include flexibility and decisiveness
Prospective employees who are rigid in their thought processes or struggle when making a decision unless each box is ticked may be challenged in an insurance career.
1. New hires should be open to change
The evolving industry dictates that employees with continued interest in updating their skills and a willingness to refocus their areas of expertise are key.