How do you tell your team about your recruiting budget?

1 Explain the context

The first step is to explain the context behind your recruiting budget. How was it calculated? What factors influenced it? What are the goals and priorities for the current period? By providing this information, you can help your team understand the rationale and logic behind your budget, and avoid any confusion or resentment.

2 Share the numbers

The next step is to share the actual numbers of your recruiting budget. How much do you have to spend on each role, channel, or stage of the hiring process? How does it compare to previous periods or industry benchmarks? How will you track and measure your spending and ROI? By being transparent and specific about your budget, you can help your team plan and execute their recruiting activities more effectively and efficiently.

3 Solicit feedback

The third step is to solicit feedback from your team about your recruiting budget. How do they feel about it? Do they have any questions, concerns, or suggestions? How can you support them in achieving their recruiting targets within the budget? By inviting and listening to their feedback, you can show your team that you value their opinions and insights, and address any issues or gaps that might arise.

4 Emphasize the benefits

The fourth step is to emphasize the benefits of having a clear and realistic recruiting budget. How does it help your team focus on the most important and impactful roles and candidates? How does it help your team optimize and innovate their recruiting strategies and tactics? How does it help your team demonstrate their value and contribution to the organization? By highlighting the positive outcomes and opportunities of your budget, you can help your team see it as a tool rather than a constraint.

5 Align on action steps

The fifth step is to align on action steps with your team based on your recruiting budget. What are the specific tasks and responsibilities for each team member? What are the deadlines and milestones for each role or project? What are the resources and support available for each activity? By defining and agreeing on the action steps, you can help your team stay on track and accountable for their recruiting performance.

6 Follow up regularly

The final step is to follow up regularly with your team about your recruiting budget. How are they doing with their spending and results? Do they need any adjustments or assistance? How are they coping with any challenges or changes? By checking in and updating your team, you can help them monitor and improve their recruiting effectiveness, and celebrate their achievements and learnings.