With the Halloween season upon us, there are plenty of things that may spook you, but your hiring process shouldn’t be one of them. Anyone who has hired their fair share of employees knows that hiring mistakes are going to happen. After all, each hiring decision is a bit of a gamble. You make a hiring decision based on limited information on your candidates, and after time you’re bound to make a hiring decision you’ll regret.
Anyone involved in the hiring process knows that hiring comes with a lot of unknowns. Each candidate has their own skills and strengths, their own job histories and qualities, their own work styles and behavioral quirks. Hiring professionals are expected to identify all of these things in order to select the best fit for the job, all within a short period of time and with relatively limited tools. But people are complicated, which makes the hiring process equally complicated. Sooner or later, you’re going to hire someone who ultimately doesn’t work out.
Great employees quit for a multitude of reasons, and no company can expect to keep all of their employees forever. But that doesn't mean you shouldn't try to retain your top talent as much as you can. Voluntary turnover can have a major bottom-line impact on an organization; it's estimated that the cost to replace an employee can be as high as 30% of that employee’s salary. Even worse, employees who leave voluntarily are often your best employees, making the loss in productivity that much higher.
Last month, we published out our 2018 Pre-Employment Testing Benchmark Report, which explored trends in hiring and pre-employment testing based on the responses of over 350 hiring professionals from nearly every industry. And just yesterday, we hosted a webinar that took a deeper dive into some of the data. Here’s a snapshot of what we covered:
October 16 is National Boss’s Day. Never heard of it? We’ll fill you in. Boss’s Day is an unofficial holiday dedicated towards appreciating our mentors, managers, and employers for all that they do. While some might criticize this holiday as being unnecessary or forced, others look forward to Boss’s day as a chance to show much-deserved appreciation and recognition for their superiors. If we had to guess, your feelings about Boss’s Day might hinge on your opinion of your boss!
The mobile revolution is well underway and showing no signs of stopping. People are using their mobile devices for more and more tasks that used to be reserved for a desktop computer. From online shopping and gaming, to social media and the job search process, new technology is enabling us to more easily complete these everyday activities on our smartphones.
Hiring is high stakes. The hiring decisions you make can have wide-reaching effects on your entire organization, which is why it’s so important to make smarter, more informed hiring decisions every time.
Last month, we published our 2018 Pre-Employment Testing Benchmark Report based on a survey of hiring professionals across a wide variety of industries. The report uncovered some interesting insights into how companies are incorporating pre-employment assessments into their hiring processes.
Most companies don’t know much about hiring Generation Z workers. And why would they? Members of Gen Z were born between 1995 and 2010, so the oldest of the crop are just now beginning to enter the workforce.
Earlier this week, we presented a webinar with HR.com about using metrics to accurately measure your hiring success, and how tracking those metrics can help you drive powerful results towards your business goals.