Dynamic Business Ninety per cent of employers regret recent hires Dynamic Business Because SME managers often have little time to dedicate to recruitment, an initial investment of time in improving the recruitment process can save on time spent...
This is probably one of the scariest statistics I've seen in a long time. Our research from our landmark study of hiring shows hiring mistakes and errors in the 50% plus range - not sure if I fully agree with the 90% mark.
I just presented to a group of CEOs our popular workshop program,
You're NOT the Person I Hired, and almost everyone in the room agreed that if their batting average was 50%, they would be doing a great job.
Most of the CEOs readily admitted their real batting average was about 25%-33%. How can you run a business with such a high level of random variability? You wouldn't accept it in any other process -why do you accept it in the hiring process?
We've identified 10 key elements that lead to the vast majority of hiring mistakes and errors. The real basic problem is that most hiring managers have never been trained how to hire effectively and thus stink at doing the most basic and fundamental part of their job - hiring a great team.
When are you going to train your managers to be GREAT at hiring?
Master of Hiring Accuracy
Doctor of Hiring Failure and Pain
Prognosticator of Radical Hiring Improvement