With the hiring landscape continually changing in the healthcare industry, many organizations are turning to new hiring strategies to employ the best and brightest talent. And while recruiting the most innovative and experienced candidates is key in many instances, sometimes the best candidates may be right in front of you.
Many organizations are becoming part of a movement to develop and promote their employees internally for several reasons. Managers are increasingly finding that it’s easier to train and develop existing employees who have already shown dedication to their organization.
Often current employees can be promoted to a new role within their department, or even be trained to work in an entirely new capacity within the organization. Not only does this build goodwill among employees, but it also has many positive benefits for your organization at large. While external candidates can bring new ideas and new energy, they’re also a wild card with regard to how they will actually fit into your organization. Internal employees already have established work habits and verified skills that can be leveraged right away upon moving into a new role.
Here are just some of the reasons why it’s beneficial to develop your employees and fill hiring needs from within your organization.
Internal hiring improves employee retention.
Ambitious and driven employees value opportunities to grow and advance their careers. By promoting employees from within, you can boost morale and increase your retention rate.
Promoting and developing your existing employees will not only give them the opportunity to grow within your organization, but also create a culture where hard work is rewarded. This can boost motivation and inspire your employees to achieve at their greatest potential. Most importantly, this practice demonstrates to your entire team that your company’s growth presents opportunities for your employees to grow, as well.
Internal hires develop well into new roles.
Employees working within your organization are already familiar with the culture, company practices, and workplace expectations. According to this Forbes article, existing employees also understand intangible things like relationships, structures, and routines that help get work done within your specific organization – something that is vital to success within any company. When you promote from within, you can reduce the risk of employees leaving, since they are already acclimated to the work environment. Additionally, existing employees are already aligned with your organization’s mission and values, and they understand how their work performance relates to the company’s long-term goals and vision.
You’ll build a culture of growth and empowerment.
When you empower your employees and give them the chance to grow their careers, you create a culture of innovation. Providing a direct outlet for your employees to develop into other roles demonstrates a commitment to growing their talents and positioning them for future success. Internal hiring inspires employees to consider higher positions and increase their skillset so they will be considered for a promotion. According to Becker Hospital Review, encouraging employee growth can help an organization find its future leaders. Current employees make for great leaders because they already know and understand the organization’s culture and policies, and usually have a strong commitment to its mission.
As organizations experience talent gaps in the healthcare industry, training and developing current employees should become more prevalent and cost-effective. It can lead to improved employee retention and more favorable hiring outcomes.
Establishing hiring practices that promote your current employees can help you leverage your existing talent to improve your budget, maximize your internal resources, and build a workforce that is fully focused on your organization’s success.