STOP COUNTING ONLY HALF OF THE REAL COSTS When times are tight, everyone is encouraged to reduce their budget, and budget cutting is not necessarily a bad thing. Unfortunately, it can cause serious damage to an organization if the cuts reduce spending too far in one area and not enough …
Read More »Search Results for: Hire to hurt
Hiring To Hurt: How It’s Done (Part 2)
As we saw in Part 1 of this two-part article series, many HR professionals in general ó and recruiters in particular ó act as though they are isolated from the competitive battlefield of business. All too often they act like socialists instead of capitalists. But fierce competitors hire away a competitor’s talent: …
Read More »Quality of Hire: Why You Should Measure It
I consider the single biggest fault with corporate and external recruiting functions to be their almost universal failure to measure the quality (or performance) of the people they hire. Nearly every other “overhead” function, from supply chain to package delivery, has jumped on the ISO or six-sigma bandwagon, but recruiting …
Read More »Instead Of The Cost Of Hire?Measure The Cost Of A Bad Hire
If your company has a turnover of 20% per year and all of your new hires are mediocre, it will only take 5 years for all of your entire workforce to be mediocre. The cost of a “bad hire” for a software engineer can exceed a million dollars, for a …
Read More »The New Hire Orientation “ToolKit” – 64 tips you can use tomorrow
There have been several posts lately (HRNET) on how to improve Orientation. Through my work in retention, I have found that poor orientation can increase “buyers remorse” and thus increase turnover. Below are some orientation tools you might find a welcome addition to what you currently do. Not all tools …
Read More »Competitive Retaliation – When They Recruit Your Talent… Strike Back Hard! (To boost your employee retention)
Why doesn’t recruiting retaliate? Because it is a common deterrent in business and the military. Descriptors: retention / retaliation recruiting strategy – how to – 3 min. read ———————————————————– In today’s competitive recruiting environment. Whenever your competitors face no negative consequences after they recruit a key employee. Their targeted recruiting …
Read More »Using Weaponized Recruiting Tools To Achieve Talent Domination – By Shifting To An Aggressive Competitor Strategy
TA must shift from its “can’t we all get along mentality” to an aggressive competitor mentality. This shift must occur because both the need for talent and the competition for it (in critical areas like AI) are now becoming the #1 business success factor. A factor that’s more critical than …
Read More »A Profile of the World’s Most Aggressive Recruiter, Part 2
Questions and answers with Michael Lackaye (and some outrageous quotes!) I asked Michael to highlight some of the approaches he used at Quicken Loans and at other previous employers. What follows are his responses. I think you will agree that they are aggressive?and on the edge. What is your most/ …
Read More »Recruiting, Culture and Ethics
After working with more than 250 organizations in 23 countries, we can attest that while the companies themselves may be different, the issues they face are not. "We're different" has become nothing more than an empty excuse for recruiters and other HR professionals to hide behind when they recognize the …
Read More »The Business Case For Hiring The Employed (That’s not a typo)
Which makes more sense, recruiting the unemployed 4% or the gigantic pool that already has a job (unfortunately, most get it bass-ackwards)? Fortunately, employed talent won’t be hard to recruit because today, an astounding 96% of all workers are looking for a new job. So, I promise that after closely examining …
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