Companies are hiring again! The challenge? Despite all the tools available to help companies hire right the first time, hiring managers continue to rely upon traditional hiring practices or “flavor of the month” hiring gimmicks. Unfortunately, it costs employers thousands of dollars when hiring the wrong person for just a couple of hours! And, can cost millions of dollars when someone is unwilling or incapable of doing the job and the company loses a valuable client or top employee.
These are not new myths. No formal scientific study was conducted. They are simply ones that have withstood the test of time during the past several decades.
Small businesses are the backbone of the economy, and on average employ 1 to 10 employees. Many of these business owners have previously worked in corporations, and falsely believe they don’t need a systematic way of hiring due to their smaller size. While they may be right about not needing a formal hiring policy like a larger company, cutting corners and using subjective tools and practices will not protect them from litigation. The sad fact is that a small employer is more likely to make a hiring mistake for multiple reasons, mostly due to lack of experience in hiring. They are under the mistaken belief they can coach and motivate anyone for success. Their lack of awareness simply creates sleepless nights and unnecessary expense of hundreds (if not thousands) of dollars!
You’ve found your superstars and they rock. They’re the right fit for their job; the right fit for your organization; and you secretly hate them because they’re so perfect. But then you read the studies that state “21 million Americans will change jobs in 2012.”* You want to believe that your superstars don’t fall into that category… but do you know that? Aside from handcuffing them to their chairs (not recommended at all!), what can you do to keep your valued employees?Continue reading →
With the influx of college graduates and experienced workers flooding the job market, employers have to look at new methods for effectively evaluating and examining applicants for potential careers within a company. The most fashionable of these methods is called psychometric assessments. This type of testing measures an individual’s personality and ability to find the most suitable person for a particular occupation. This assessment tool can also be used to do the opposite and find the most compatible career for a particular individual. Employers can find this process most useful for recent graduates and for people who have recently made a career change.