 |
Are
You Hiring Assets…or Liabilities?
If you’re not hiring good people…you can’t
expect good results. Excellent performance, high productivity
and greater profitability result from having superior employees
on board. It’s as simple as that. |
The “costs” of hiring below average employees include
lower productivity, higher training expenses, poor customer service,
lower sales volume and more management time devoted to addressing
and resolving workforce problems. Add it all up…the cost of
having below average employees is phenomenal. Worse yet, the cost
of replacing even a below average employee who quits or gets fired
is significant. Research has shown that turnover can have a price
tag of 33% of annual salary for entry-level jobs and as much as
three times total salary for higher-level positions. Do the math
- hire the best candidate in the first place!
Unfortunately, most companies don’t focus on these costs.
Their hiring process often consists of running an ad and placing
openings on the Internet, reviewing piles of resumes and then conducting
traditional interviews that typically fail to differentiate future
top performers from below average performers. The bottom line: if
you haven’t yet invested in the development of a plan that
will enable you to consistently succeed in recruiting, screening
and hiring good people- true assets- we recommend that you consider
the following:
 |
To learn more about
Pre- Employment Screening
& Testing, click
here.
|
Do you know who is most likely to be a good Job Fit?
If you want to hire superior people, first define superior performance.
One way to do this is to identify (benchmark) the traits and abilities
of the best performers currently in the job. Then, compare candidates
with who you know to be your superior performers.
Have you conducted a Skills Inventory?
You must be able to recognize not only the educational and experience
requirements of each job, but also the specific skills (problem
solving, vocabulary, math, grammar, computer proficiency, etc.)
that are necessary. You should also know what behavioral skills
(teamwork, following rules/policies, follow-up, friendliness/customer
service, sales orientation, etc.) are needed for success in the
position.
Have you prepared a Recruiting/Evaluation/Selection Plan?
Before looking outside the organization, did you make sure that
potentially qualified internal candidates are given the opportunity
to be considered? Have you evaluated recruiting sources for those
that have produced the best pool of candidates- not from a standpoint
of quantity of prospects, but more importantly the quality of prospects?
Do you conduct multiple interviews involving several different people
in the organization? The process is an effective way to evaluate
candidates objectively and avoid the common hiring mistake of selecting
who you “like” rather than someone with the specific
skills, experience and workstyle required for success in the position.
Do you use a Structured Interview which includes Performance
Based Questions?
Research has shown that the traditional method of interviewing has
an extremely low predictive validity for determining who the future
super stars will be. Since past performance is the single greatest
predictor of future performance, you should incorporate questions
designed to tell you what they have accomplished --- not just what
they “promise” to do in the future.
Do you Utilize Pre-employment Tests/Assessments?
Validated assessments tools that benchmark current top performers
to establish the profile of successful performers can add objectivity
and “science” to the selection process. There are numerous
tools on the market. The value of doing research to find the right
tools that measure what the organization wants measures is extremely
important.
Are Reference and Background Checks included in your process?
Did you know that 25% of job applications and resumes reflect incomplete
or false information? The importance of verifying the accuracy of
information included on the application/resume, obtaining (or at
least attempting to obtain) references on past performance, and
screening for criminal record or other potential issues in a person’s
background cannot be overstated. This step should not be skipped
in the selection process.
Selecting Top Performers can yield significant advantages to your
organization. Using the right process leading up to the final determination
to extend an offer of employment can ensure that the decision is
a good one and that the employee will be an asset, not a liability.
John Guettler
Sr. Consultant
HRGroup, LLC
The Workforce Catalyst
Tele. 480-753-6188
© Copyright 2003 HRGroup, LL
|