Friday, 19 July 2013

Smart Hiring Strategies - avoid making a bad hire

During the recruitment process how to you gauge 'the right-fit', and measure the understanding the candidate has of your core values, communication style and work ethic? How do you avoid making a mistake when it comes down to selecting the final candidate?

"One of the most costly, time-consuming blunders a business can make is picking the wrong person for the job.", Ryan Holmes, CEO HootSuite.

Holmes, who ran his own business for over two decades, wrote a blog post recently, "The Unexpectedly High Cost of a Bad Hire". In it he references the US Department of Labor estimate that the average cost of a bad hiring decision can equal 30% of the individual's first-year earnings.

Lou Adler, another LinkedIn Influence, and author of Hire With Your Head, recommends overcoming the visual impact of first impressions by conducting a phone interview prior to the face-to-face meeting.

In his blog post "Performance Matters, First Impressions Don't", he suggest using MSA (most significant accomplishment) e.g. “Can you describe your most significant accomplishment?”? Another is: “How would you solve this problem?”

 “I’ve worked with thousands of candidates, and tracked hundreds of them over the past 30+ years. The only common trait among the best is their track record of solid performance, not the quality of their first impression,” wrote Adler. “Judge them instead on their performance. You won’t be disappointed.”

At Hire Quality we offer services such as workView JobSimulations™ which allow employers to see candidates in action performing the critical tasks that drive job success. This unique hiring tool will dramatically increase your hiring accuracy and reduce your risk of making a hiring mistake.

Our proven job simulation process allows clients and candidates to interact and engage each other over authentic work related issues. By assessing real on-the-job performance, we remove personal bias and emotion-based decisions from the selection process. The good workers are quickly separated from the good interviewers.

In a traditional interview, candidates tell you what they've done for others. In our simulation process, candidates show you what they can do for you. Hire Quality's job simulations help answer the key hiring question: Can the candidate successfully do the job?

Research shows that well designed and professionally facilitated job simulations are 4xs times more reliable than traditional job interviews at predicting success. The use of job simulations as a validated hiring tool has experienced double digit growth in the last five years.

More companies are looking for practical and objective ways to improve their hiring process. Hire Quality's optional service, workView JobSimulations™ has proven to be a win - win for both clients and candidates as they are mutually protected from the associated risks of poor hiring decisions or bad career moves.

Source: BBC Capital Blog Post | July 19, 2013

HireQuality provides Recruitment, Talent Management, and Management Coaching services to meet your organizations needs. Call us at 416.413.1177 or visit our website for more information.

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