‘If you think hiring professionals is expensive, try hiring amateurs.’ This quote will ring true for hiring managers everywhere. In fact it’s not only hiring managers who will identify with it but managers, first time entrepreneurs and anyone who is entrusted with the all-important hiring decision. It is true that when it comes to hiring, employers need the best help they can get. They need to find the best talent in the shortest period of time and often using a very limited hiring budget.
To fully understand the costs of getting a hiring decision wrong you need to consider not only pre-hiring costs such as the amount of money spent on posting the job, sourcing, screening and interviewing candidates, but also the various costs accrued post hiring such as on-boarding and orientation costs, relocation costs and training costs.
To these costs you also need to add indirect costs such as the costs in terms of company productivity and revenue losses as a result of diminished satisfaction, loyalty, engagement and morale amongst employees that often results from a bad hiring decision. Hiring mistakes can have serious long-lasting implications for companies, and SMEs and lean start-ups are particularly ill equipped to make such costly mistakes.
Hiring right for SMEs and Start-ups:
Every entrepreneur or manager of a small but growing department will tell you that getting the first few hires right is crucial. These first hires will invariably shape the future DNA of a company and department. However hiring the right candidates can in general be time-consuming, expensive and difficult for a start-up with little experience and a limited history of candidate attraction.
This is further compounded by the fact that smaller companies often do not have the resources and technologies that are at the disposal of large corporates. While large organizations have professional recruiters who have years of expertise in the business, small organizations often have to make do with entrusting all hiring activities to generalists in the company who often have limited experience in the field.
Consider this statistics form Bayt.com’s ‘Hiring Practices in the MENA’ poll - 41.9% professionals say that adequate training is yet to be provided to those involved in the hiring process. This can often lead to an unfavourable scenario where a company places their job posting where it gets minimal visibility, and thereby less response from qualified candidates. A considerable amount of time is spent interviewing these candidates and ultimately, yielding to the pressures of a growing company, the company frequently ends up hiring an average candidate, or a candidate not completely relevant to the role nor up to the specs, simply for lack of sufficient reach and choice.
The solution to this dilemma is to cast a wider net to reach out to those potential superstar candidates and thereafter to use better screening tools, techniques and technologies to ensure an optimal fit.
The Solution - JobsLite
At Bayt.com we heavily considered what would feature on an SME employer’s wish-list in seeking simpler, more cost-efficient and more effective hiring and we short-listed the following key items:-
- Larger quantities of candidates viewing their job postings.
- More relevance of candidates applying to their job postings. - Better quality of CVs and access to the most qualified talent.
- Maximum flexibility and ease of job posting.
- Fastest response to job postings; particularly necessary for time-sensitive positions.
We knew that if we could help bridge the gap between SME employers and candidates by offering visibility on a highly trafficked local jobsite with a database of over 8.5 million professionals, that would be amazing! We also knew that if we could do this at a very low cost, that would be even more super-amazing! And that is exactly what we did: Bayt.com’s JobsLite platform empowers SMEs and start-up companies to post their jobs instantly and easily on the jobsite and get the immediate attention of our fast-growing community of over 8.5 million registered professionals who can apply to these jobs completely for free.
Employers further have access to Bayt.com’s world-class online tools for sourcing, screening, filtering and applicant management. And all this for absolutely free! JobsLite is designed to facilitate hiring for SME employers and can be enjoyed by them at zero cost.
How Does it Work?
Using JobsLite is extremely simple and the process of posting a free job is very user-friendly from beginning to end:-
1. Register as a Bayt.com Employer - the process takes only a few minutes and is free.
2. You can post your jobs instantly on the website after they are verified. We take about 1-3 days to verify them.
3. Our representative will contact you during the verification process and you can also use this opportunity to get a better understanding of your employer account workspace and other benefits of being a Bayt.com employer.
4. You can always also upgrade to a Premier Job Posting very easily if you choose to as this option allows you a host of additional benefits such as further visibility, high search rankings, applicant filtering criteria, free exposure across our network of websites and more.
Every start-up and SME needs to hit the ground running when it comes to hiring key talent, we look forward to hearing your hiring success story with Bayt.com JobsLite.
Happy hiring!
