These days, retaining employees seems to be rocket science. But James Cooper-Jones the CEO of new HR tech company Simply says the solution could be as simple as aligning the company’s culture and the tenets of the hiring process.
In an interview with Tech Bullion, Cooper-Jones said that his experience in the field of human resources showed him that systems and recruitment processes focused too much on assessing a candidate’s qualifications and experience. So there was a gap in the market.
What Simply found was that the proven methods to find the right personality for the right role were usually too expensive and time consuming for many employers. What Simply has done is adapted these proven methodologies into an easy to use software, essentially making them accessible and affordable to a significantly wider market.
By digitizing the process, what took hours, sometimes days in the past, now can only take minutes, offering an important solution for the modern business manager. He explained that the absence of values compatibility can greatly impact a business because it contributes to resignation rates and productivity.
Even before the pandemic and the Great Resignation, research found that less engaged employees are 60% more likely to make a mistake. Taken together, a lack of values fit and resulting lack of engagement is estimated to cost American companies $550 billion per year in employee turnover and productivity losses, having an enormous economic impact.
So, Cooper-Jones suggests that human resources professionals really take the time to find the perfect personality for roles they are hiring for. But the reality of having to find and hire people fast also comes into play. Simply helps business managers find the right candidate fast.
“Employees in large numbers are telling us they require that there be values and purpose fit with their work, and that they are disengaging with many current employment and recruitment processes.” he said.
The way forward is a technology that can provide values based recruitment efficiently and effectively, for both managers and candidates.
I would reiterate that current trends are telling us that many business managers will need to find people and find them faster than they probably have ever before. However, to be successful, they need to be the right people fast that will stay and add value to their business.
To meet this demand, new solutions are needed, and that is what we have created with Simply.