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Three Common Audit Assurance Hiring Mistakes To Avoid: Finding suitable candidates for audit assurance positions is crit...
05/29/2022

Three Common Audit Assurance Hiring Mistakes To Avoid:



Finding suitable candidates for audit assurance positions is critical for every organization.

Did you know some of the common mistakes made during the hiring process that adversely affect the future retention rateโ“

Let's find out three mistakes that need to be avoided to find the right fit for your Audit Assurance department๐Ÿ‘‡

๐Ÿ‘‰ Unclear audit recruiting and retention strategy can lead to wrong decisions during the hiring process.

๐Ÿ‘‰ Poor application of the recruiting strategy can also cause problems in the future. Look to find the right skills in the potential candidates with a personality that matches your organizational culture.

๐Ÿ‘‰ Not quantifying or monitoring candidates' progress during the probation period wastes the opportunity to assess candidates' long-term suitability.

Avoid these three mistakes in your hiring process to find suitable candidates for Audit Assurance.

The Great Resignation marked a new record for job-quitting.And it was irrelevant to industry and business size.Here's wh...
05/28/2022

The Great Resignation marked a new record for job-quitting.
And it was irrelevant to industry and business size.
Here's what led to it, and how to face it. ๐Ÿ‘‡๐Ÿ‘‡


In 2021-2022, industries faced record-high resignation rates. ๐Ÿณ๏ธ
Among them:
๐Ÿ‘‰Tech (4.5%)
๐Ÿ‘‰Healthcare(3.6%)
๐Ÿ‘‰Finance (1.8%)

Each rate was far above average.

Great Resignation?
A more fitting title is the Great Reconsideration. ๐Ÿ’ญ

And that is because people doubted (and still do) their career choices and environment.

That feeling built up before the pandemic and then broke loose. ๐Ÿ’ฅ

(And continues to this day.)

Among others, the top reasons people quit are:

โŒ Low salaries
โŒ Lack of professional development
โŒ Remote working opportunities (Work-Life Balance)
โŒ Toxic culture

Even the tech giant, Apple, had to face it when Jeff Wilcox's (Engineering Director) resigned and moved to Intel.

People are re-evaluating their lives and jobs.
And employers should have a strategy prepared. ๐ŸŽฏ

An effective strategy for employee retention possesses 5 traits:

1. Anonymous employee satisfaction surveys
2. Heed to the results and take action
3. Implement employee development plans
4. Avoid big promises (promotions, raises, etc.)
5. Update the recruitment strategy

Employers need to listen to their staff's needs.
But even if it's too late, an updated recruitment strategy will help pick up past momentum. ๐Ÿ“ˆ

If your industry includes...
-Financial Auditing
-Accounting
-Taxes
-Tech
-Pharma
-Healthcare
..join 1 million professionals and let Group to help with your recruitment strategy and higher top talents! ๐Ÿค๐Ÿค

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