This Week’s Best in Talent Management News
Recruiting Is Marketing – 4 Lessons You HR Team Can Learn From the Marketing Department
by Dan Finnigan
Filling open positions is strikingly similar in practice to the way sales and marketing fill a prospect funnel, leading to closed sales. Dan’s post looks deeper into recruiting and selection through the lens of marketing, and explores ways to enhance the hiring process as a whole.
You Can’t Use a Talent Surplus Strategy in a Talent Scarcity Situation – with Lou Adler
Upcoming webinar Tuesday, (more…)
The Harvard Business Review points out that as much as 80 percent of employee turnover is due to bad hiring decisions. And, with the average cost of hiring a new employee now exceeding $3,479 according to a 2012 study by Bersin & Associates, a leading research and advisory services firm in enterprise learning, talent management, talent acquisition, and strategic HR solutions, it just makes sense that hiring managers should work towards a common goal of no bad hires. That’s right – zero.
Bad hires not only (more…)
One of the best applications of HR Technology is improving and adding efficiency to traditional HR practices to unlock hidden value. In Steve Boese’s recent post on Human Resource Executive Online he discusses inefficiencies and frustrations with the reference checking process, while highlighting the opportunities automated reference checking provides for improvement.
Click Here to Read More
So, you’ve just learned that the person you thought was a great fit for that recent job opening in the accounting department hasn’t shown up for work – again. It’s time to take your medicine and admit to a bad hire and move on. But, before you consider that next hire, take a little time to reflect on what went wrong and consider how a bad hire not only affects your company, but trickles down to the overall economy as well.
Think about the big (more…)
This Weeks Best in Talent Management News
4 Ways to Leverage Your Office Vibe When Recruiting Top Talent
by Don Charlton
Attracting top talent is tough. All alliteration aside, Don’s article covers four great ways to leverage your company culture to keep top performers from turning tail .
Bad Hiring Effects More Than Just Your Organization
by Greg Moran
We often discuss the cost a bad hire has on your organization, but there is clearly more at play here. What do bad hires cost the people being hired? How are they (more…)
While we all know that a bad hire can have negative consequences to a company, how often do we think about the person on the receiving end? Being fired or having to quit a job because it’s a poor fit leaves behind not only emotional, but physical damage as well.
So, your new hire thought he or she had found their dream job, but now they have to hit the pavement again because the job was not a good match after all. This person (more…)
If you work in HR, you have likely come across a bad hire. And, while you and your hiring team evidently thought it was a good hire, something has gone awry. Now, your company has incurred unnecessary costs, loss of time and productivity. But do you know how much? A Career Builder survey of more than 6,000 hiring managers, worldwide, reveals some astounding stats.
First, let’s define a “bad hire.” A bad hire, according to the study, is someone who did not perform well or who (more…)
The more we understand what drives people to be successful, the more successful we can be. Makes sense, right? After all, how much can we really excel in life if we don’t help others do the same? In their continuing series on the Psychological Profiles of the Dream Team, our friends over at The New Talent Times discuss the profile of the Champ. This is basically the driver in our company … the successful, hyper-ambitious leader, sales rep and natural getter of things done. Interestingly, (more…)
Depending on the company, standard hiring processes are usually instated and, then, are left to get moldy like forgotten sandwiches in the lunchroom fridge. Companies and job requirements evolve; hiring practices should follow suit. With that said, and, whether your company hiring processes are dynamic or static, one of the most important – and forgotten – pieces of the hiring puzzle is reference checking.
In most companies reference checking can be a tedious and unfruitful activity. A blog post on the ERE (Recruiting Intelligence and Recruiting (more…)
Ever wonder what competencies are critical for success at your company? The Chequed research team conducted a survey with 264 subject matter experts on management and professional level hiring. The results are shown below: