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Over several recent blog posts, we’ve discussed the importance of finding a good talent fit for open positions and a good fit for the organization as a whole. Getting it wrong can lead to costly turnover and the need to continue spending time and resources on filling the same position over and over again.
When we think of entrepreneurs, we have a tendency to think of well-known visionaries like Walt Disney, Steve Jobs, and Bill Gates. Interestingly, while each of these men went on to run very large organizations, we also have a tendency to think of entrepreneurs as being part of very small or one-person organizations.
Finding the right fit for an open position can be a high-stakes game. Hiring and recruitment costs are high enough. When the costs of turnover are factored in, though, it’s increasingly clear that making the wrong hiring decisions can become extremely costly.
In a previous post, we discussed some of the challenges inherent in traditional methods of employee assessment, specifically the fact that review of résumés and in-person interviews tend to focus too much on the objective skills of the employee rather than the subjective needs of the organization.
We talk a lot about culture these days, and one of the companies that often comes up in those discussions is Netflix, renowned for its special culture. Patty McCord, the architect of that culture and the creator of the Netflix Culture Deck—a popular resource that has over 20 million views—recently sat down with the HR […]
Hiring new employees is expensive. Not only are time and resources spent during the actual search—job postings, interviews, etc.—but also onboarding staff takes time and resources. And, if the new hire doesn’t work out, the costs of turnover also become a factor.
It wasn’t so long ago that older workers feared—and not without cause—losing their jobs to younger competition. The thought was that younger, energetic talent having just acquired the most up-to-date education would force out older colleagues who were making more money due to their seniority but who were likely to be less productive than the […]
In part 1 of this article, we made a case for how a new recruiting approach might be required in these difficult recruiting times. Today, we’ll look at exactly how you might accomplish that.
If you’ve been struggling to find hirable talent lately, you aren’t alone.
A new study finds that keeping skilled sales talent is a struggle for many employers, and when a skilled sales rep leaves the company, it’s even more expensive to replace him or her.