|
In the hiring
process, the odds are not in your favor. Not even close.
Would it shock you to know that Department of
Labor statistics show two out of three hires turn out to be a
mistake within the first year? And the average cost of a wrong
hire is $25,000?
It's almost unbelievable that with all of the
modern technology available in today's high-tech business world,
American companies waste hundreds of millions of dollars because most
hiring turns out to be wrong. How can this be?
The answer is simple: human resources and hiring are the two areas of
business operations where businesses have failed to implement technology.
While every HR department has plenty of computers, they are being used
mainly for administration and not to directly impact the quality of
hiring.
As a result, hiring is still being done the same way that it was done 100
years ago using resumes and interviews.
While the hiring process is largely the same as it
was in the early 1900s, the world of business is not the same. Not even
close. No longer can a business hire and fire at will without fear of
potential legal consequences. At the same time the costs of training and
payroll have grown geometrically, and the costs of mistakes have become a
significant drag on the bottom line of companies.
So,
what can be done to turn the odds in your favor?
Even
under the best of circumstances, successful hiring is a challenge.
Department
of Labor statistics show that:
-
1 out of 3 businesses will be sued over an
employment issue.
-
2 out of 3 new hires will prove to be mistakes
within the 1st year.
-
2 out of 3 employees would rather work somewhere
else.
-
9 out of 10 employees will "exaggerate"
during an interview.
-
9 out of 10 thefts are committed by employees.
Of these
statistics the one that is the most startling is the fact that 66%
of employees would rather work somewhere else! This means that
while they were able to get the job and may even be performing
well on the job, they are not happy and there is not a good
“fit” between them and the job.
A good fit gets
good results. A perfect fit gets outstanding results. You deserve
outstanding results, don't you?
What
is “fit”?
Let
me explain it this way: Have you ever taken a car for a test drive
and when you closed the door, it just sort of slammed or maybe
even rattled? Then you took another car for a ride and when you
closed the door it went “thunk”. It sounded solid. It fit just
a little bit better.
That’s
“fit”.
In
the business world, where it is so easy to duplicate products and
undercut prices, the key strategic advantage for most companies is
the performance of their employees. Employees who are well matched
to their position have higher attendance records, less turnover,
higher job satisfaction and superior job performance. Both the
employee and the employer share the benefits of enhanced
person-job fit.
Every
organization has people who can do the job, but some of them just
fit a little better. They have the same attitudes and management
styles as their supervisors. These are the outstanding employees
who get things done and everyone wants to work with.
No
doubt you have also experienced the situation where someone was a
good worker but they were a constant management headache. A poor
“fit”.
|
It's
hard to believe, but... |
A
study by the Society for Human Resource Management (SHRM) shows
that a majority of applicants stretch the truth on resumes. More
than half, 55%, lied about the length of past employment. Other
distortions included past salaries, criminal records, former job
titles, former employers, driving records, degrees, schools
attended. Fifteen percent even lied about their social security
number!
Plus...
You
can expect most candidates to be well coached and prepared. Many
are using software to help them prepare their resumes and make
them "look" good. Every college campus, job placement
service and headhunter offers interviewing "help" to
their clients.
And if that's not enough, there are over 1,000
books available at amazon.com to help you "learn" to
interview. One of my favorites is "1000 Knock 'em Dead
Answers to Interview Questions". Another is "Interview
Rehearsal" which promises to develop your acting skills. Knock
them dead? Acting skills? What about helping you pick the right
person for the job?
|
How
to level the playing field |
Since
applicants are using modern technology in the form of software and
coaching to help them “get” a
job, shouldn’t you be using it to make sure the people you
hire have the kind of “fit” that will make them superstars
in your organization?
While
resumes, applications, interviews, reference and background checks
are all important components of the hiring process, recent
developments in psychology combined with modern technology now
allows employers to use the power of on-line psychometric
assessments to gain further insight into an applicant.
What would happen to the bottom line of
your business if you were able to use modern technology to gain an edge in the
hiring process? The presentation "Who Are These People Anyway"
will show you how to do just that.
"Who
Are These People Anyway" works because it's clear and
fresh. It's not a rehash of the same interviewing techniques that
have been used for decades. It will provide your attendees with a
firm foundation for improved hiring results and will give you the
results you demand because we teach the "why" as well as
the "how."
This presentation is unique in that it
explains how to use twenty-first century technology and psychology
to evaluate the "whole person" and turn the odds in your
favor.
Although
I have started nine companies over a period of
twenty years (including one that created technology products to help people
"get" the job they always wanted!), this presentation is largely
built upon five years of research in the field modern psychology and a
partnership with the worlds largest provider of modern psychometric
assessments.
In just a short time I will divulge a set of powerful secrets that will
give your attendees what some might consider to be an "unfair" advantage in
today's highly competitive world.
If
you want a fun, informative program that will deliver real value in the form of
ideas that people can use instantly, this is what you have been looking for!
During the presentation,
attendees will learn:
-
How the typical hiring process
works and why it fails so frequently.
-
How to accurately evaluate
both the direct and indirect costs of less than optimal
hiring.
-
Why the typical resume is a
poor predictor to future performance and what to do about it.
-
How applicants are using technology
to "get the job" and how to fight back.
-
The best tools that you can
use to win the interview game.
-
How to use the
MAXIMUM Advantage Optimal Hiring Strategy to make sure
your applicants "fit" your organization.
-
How to use modern software
technology to level the playing field during the hiring
process.
-
Why 66% of employees would
rather work somewhere else and how to keep your employees from
joining that group.
-
Current trends and technology
in the field of assessments.
-
The four major types of
assessments.
-
Legal concerns and validations
related to using technology for hiring.
-
An overview of other uses for
technology including team building, management development,
and performance evaluation.
|