Who knows the direction of the labor market over the coming months or years? It is anyone’s guess.
Regardless of the quantity of available jobs, a company’s competitive edge increasingly will be tied to the quality of its talent. Poor and even average hires will reduce profitability, stunt growth and lead to a vulnerable position relative to competitors.
The good news is that companies can learn from the science around pre-employment assessment and reference checking to avoid the mistakes that lead to sub-par hires.
Below are the top five mistakes that, in our experience, make companies most vulnerable, and our thoughts on how to avoid them.