A survey of the top 10 elite talent management firms found that their #1 investment area is to be data-driven.
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Why Your Employee Turnover Is Exploding – Explained By the Numbers
Note: This “think piece” is designed to get you to completely rethink your approach to retention. Turnover rates are the highest in a decade and your retention numbers aren’t likely to improve until you shift to a data-driven retention approach. This article will explain using numbers why so many firms …
Read More »Recruiting Is a Science Not an Art — How Intuition Hurts Recruiting Results
The future of recruiting is scientific, data-driven, and businesslike. Now you might assume that everything in recruiting is going fine, but you would be wrong. A 2019 survey of CEOs ranked their No. 1 internal business challenge as attracting and retaining top talent.
Read More »Slow Hiring Is Damaging Your Firm and Here Are 20 Reasons Why
Few realize that increasing your hiring speed often has the second-largest impact on hiring results (after referral hires). Most track time to fill, but few recruiting leaders calculate the high correlation between your hiring speed for top talent and their resulting on-the-job performance after they become a new hire. To …
Read More »Don’t Lower Your Cost Per Hire, Raise It (This Is Not a Typo)
As seen on ERE Media, January 15, 2018. Note: This “think piece” is designed to stimulate your thinking about the damage done by typical cost-cutting in recruiting Spend More Win More In my experience, recruiting has long overemphasized cost-cutting. And that focus has, unfortunately, reduced both our effectiveness and our …
Read More »7 Metrics that the Most Data-Savvy Recruiting Teams Are Tracking (Posted by Drake Editorial Team)
Posted by Drake Editorial Team. If you closely research (as I have) the top five global companies with the highest market value (Apple, Google, Microsoft, Amazon and Facebook) you’ll realize that they all have three things in common. First, they are all serial-innovation firms. Second, they are all recruiting powerhouses. And …
Read More »Revelation — Treating Job Applicants Who Are Also Customers Poorly Is Costing You Million$
If the customer is always king, then an applicant who is simultaneously your customer must also be treated like a king. If you recruit at a firm that has retail customers, I guarantee that you don’t know the answer to this important question: “Do you have data showing what percentage of …
Read More »The Top 7 Ways to Get Hiring Managers to Devote More Time to Recruiting
As seen on ERE Media (June 5, 2017). Of all of the contributing factors that lead to success in recruiting, the hiring manager has the highest overall impact. For example, one study found that recruiting’s relationship with the hiring manager was the No. 1 driver of overall talent acquisition’s performance …
Read More »Impress Your CEO By Focusing On The Things They Care About
As seen on ERE Media (May 2, 2017). Contrasting the Factors That CEOs Focus On, With Those That Garner Little Interest One of the reasons why talent managers continually strive to become more strategic is that they want their ideas and problems to be noticed by their CEO. Because executives …
Read More »10 Business And Recruiting Reasons For Requesting Salary Information
As seen on TLNT (April 26, 2017). The practice of firms either requesting or requiring applicants to provide their salary history is coming under tremendous pressure as part of the overall push for pay equity for women. As a result, there are many new and proposed laws about the salary …
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