The Cost of Hiring the Wrong Physician

Let's face it...you can hire the wrong physician for your opportunity.  Hopefully that does not happen, and at The Hire Connection, our success rate for placing the right physician in your opportunity is one of the main reasons you should call us.  However, if the wrong physician is hired, what is the cost to your organization?  Here are some costs associated with hiring the wrong candidate:

Poor hires are a drain on your resources in a big way.

Financial

Obviously, the financial cost of hiring the wrong candidate is reason #1.  Salary, relocation allowances, signing bonuses and compensation for school debt are all drains on your organizations finances if the wrong person is hired.  In addition, you may have to pay a severance package to someone that you have to let go.  The US Department of Labor estimates that the cost of a bad hire can equal 30 percent of the employees first year's earnings.  

Time and Productivity 

Hiring the wrong person invariably is a huge drain on the time of many people, from department heads to upper management and human resource departments.  If training is involved, immediate supervisors and trainers will see no return on the time spent trying to get the new hire up to speed.  If there is conflict involved, then even more time is spent to try to remediate the conflicts and supervisors can spend a large part of their day trying to manage poor performers.

Morale

Nothing can kill the morale of an organization faster than a poor hiring choice.  Having a poor performer can demotivate the team and your other employees can become disinterested or stop engaging.

Reputation of the Medical Facility

Your physicians are the lifeblood of the organization, and have the most face to face time with your patients.  Hiring the wrong physician can have a devastating effect on the reputation of the medical facility or hospital.  Social media makes this even more damaging. If a patient has the wrong experience with a physician, you can bet it will be on Facebook or other social channels very quickly. 

So how do I keep from hiring the wrong candidate?

Keep in mind that 80% of turnover is due to bad hiring decisions, so examine your recruiting processes carefully.  If you find that you are continually hiring candidates that are disrupting company culture, decreasing your productivity, and causing lost revenue, then consider hiring a professional medical recruiting company like The Hire Connection.   Our processes include:

1. Constantly researching QUALITY candidates
2. Keeping a current list of potential candidates
3. Using technology to find and recruit top candidates
4. Vetting candidates based upon your input about your culture and environment
5. Working to ensure candidates' families know in advance about the community
6. Much more!

Don't lose more time/money/energy or the reputation of your facility.  Give us a call and we will help you find the RIGHT candidate.

The Hire Connection Team

Call Us Today!
866-661-4473

Let's Connect!

Facebook

Twitter @HireConnection

Google+

LinkedIn

YouTube

5 Mistakes Amateur Recruiters Make (And How To Avoid Them)

Recruiting quality medical staff for your facility is unlike any other task you will ever undertake. Due to the physician shortage, the number of open positions greatly outweigh the number of doctors searching for new careers. As a result, healthcare recruiters must be at the top of the game in order to attract the best candidates - a single mistake could send the candidates looking elsewhere. Our physician recruiting experts have compiled a list of the most common mistakes amateur recruiters make and how you can avoid them in your future efforts.

1. Delaying The Communication Process
When you are recruiting prospective team members, timely communication is essential. Candidates need to know where they stand and where you are at in the hiring process. If they go several days (or worse, weeks) without hearing from you, they may assume that you have filled the position with someone else and begin actively searching for other opportunities. Even if they respond when you do reach back out to them, the delay will have likely given the candidate an unpleasant impression of your facility.

2. Extending An Offer To The First Promising Candidate
Screening and interviewing candidates is incredibly time-consuming. If you are conducting your recruiting in-house, it also becomes incredibly expensive. In an effort to save time and money, you may be tempted to extend an offer to the first promising candidate you come across. However, just because a certain candidate is more promising than others you have interviewed does not mean he is a perfect fit for your facility. Your best bet will be to find three to four outstanding candidates, and hire someone from that pool.

3. Not Allowing For Enough Face Time With Promising Candidates

What does your typical interview process look like? Most recruiters screen candidates based on their initial applications and resumes. From this initial pool, they will choose physicians to interview over the phone. From there, they will narrow it down to candidates they wish to interview in person. If the initial in-person interview goes well, you should arrange for the candidate to shadow someone in your facility and spend several hours with you or the other recruiters. Your initial conversations with the candidates will likely be relatively shallow and the candidates will be making a conscious effort to make a good impression. If you want to really get to know them, you have to allow yourself more time to spend with them.

4. Neglecting To Include A Signing Bonus In Your Offer
Once upon a time, signing bonuses were unique incentives recruiters included to entice candidates to accept their offers. As the number of open opportunities continues to outweigh the number of available candidates, however, candidates have the freedom to be more and more picky about which offers they accept. Signing bonuses have evolved from a special perk to an expected commodity. Some signing bonuses are even climbing into the six-figure range. If you neglect to include a signing bonus in your offer, your chosen candidate may go looking for a better one.

5. Attempting To Do It All Yourself
In today's extremely competitive job market, attracting the best available physicians is not an easy task. Inexperienced in-house recruiters often do not have the industry experience and expertise required to do the job well. If you are preparing to hire a new physician, you can better set yourself up for success by contracting an experienced medical recruiting company to assist you with the process. 

If you are looking for a professional healthcare recruiting firm to assist with your recruitment efforts, we would love to talk to you. Owned and lead by a pioneer in the healthcare recruiting industry, The Hire Connection consists of a team of highly trained physician recruiting experts who are dedicated to your company's success. Our all-inclusive pricing structure offers guaranteed results (without any hidden fees) or your money back. To learn more about our medical recruiting team and how we can help you, visit our website at www.TheHireConnection.net. We look forward to hearing from you!

The Hire Connection Team

Call Us Today!
866-661-4473

Let's Connect!

Facebook

Twitter @HireConnection

Google+

LinkedIn

YouTube

Physician Opportunities Blog

Urology Opportunity Near The Appalachian Mountains

We have an OUTSTANDING urology opportunity for you!

Aggressive Sign-On and Commencement Bonus Paid Up Front

Earn an Annual Salary in the 75th Percentile of MGMA Standards

Call: 866.661.4473


Foothills of the Beautiful Appalachians

You will not want to escape from this breathtaking valley within the scenic Appalachian Mountains. Whether searching for family fun activities, romantic moments with your loved one, or just peace and quiet on your own, you’ll find it here. This friendly community will welcome you with open arms and support you and your family to make this tranquil place your new home. Surrounded by 4 metropolitan cities, your every desire will be easily satisfied—you will find excitement and adventure for all ages.

The Practice

• Annual Salary 75th Percentile of MGMA Standards—Reach Top Tier Annual Earnings
• Aggressive Sign-On and Commencement Bonus Paid Up Front
• Non-Existent Call Schedule for an Outstanding Quality of Life
• Block Scheduling in the Operating Room for Efficiency
• No Robotics Required—Provide Traditional Urological Care for Your Patients
• Fantastic Draw of 40,000, Serving 3 Counties—Impressive Referral System
• Unparalleled Commitment to Over-the-Top Patient Satisfaction
• Highly Trained and Dedicated Support Staff for an Easy Transition
• Security of an Established Practice with Patients in Place

The Community

• Surrounded by 4 Major Cities—Airport Just Over an Hour Away
• Public and Private Schools From Which to Choose—US News Ranked City High School, Best High School!
• Cost of Housing Less than Half of the National Average—Get More Home for Your Dollar
• Established with Mom and Pop Home-Cooking, Diverse Dining and a Variety of Fast Food Choices for Every Palate
• Civil War History—William Bonifas Arts Center—Waterfront Art Festivals and Local Theatre Group
• Cast Your Line—Some of the Best Game Fishing at the Local 75 Acre Lake
• Engage in Outdoor Activities—Canoeing, Camping, Hiking or Walk the Trails
• Tee Off on the Rolling Topography of the Local Golf Course
• Overlook the Largest Elk Herd in the State, While Entranced in the Beautiful Panoramic Views of the Mountains
• Enjoy a Picnic, Throw Horseshoes, Shoot Hoops or Catch a Concert at the Local Community Park
• Walk Through Historic Downtown for Dining, Appalachian History and Boutique Shopping
• Area is Best Known for Coal Mining and Thoroughbreds

To learn more, contact:

The Hire Connection

Email: info@thehireconnection.net

Phone: 866.661.4473

Watch: https://www.youtube.com/watch?v=VQjgGHJyROg

Search ID: Family Practice with OB 0417

OR, fill out this contact form and we will get in touch with you!

Coupling technology, expertise and accountability, The Hire Connection services are designed to source, screen, qualify, present and place the RIGHT providers to satisfy recruitment goals and improve provider retention. Give us a call today!

The Hire Connection Team

Call Us Today!
866-661-4473

Let's Connect!

Facebook

Twitter @HireConnection

Google+

LinkedIn

YouTube

Physician Opportunities Blog