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 »Search Results for: Hire to hurt
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 »How To Keep Your Job… As A Recruiter (Factors that make you indispensable during recruiter layoffs)
I’ve advised recruiters during 8 different hiring downturns on how to avoid being laid off. Unfortunately, today, I am once again alerting all corporate recruiters to prepare for another round of recruiter layoffs. This time, the cuts are driven by a combination of emerging business and recruiting factors, including reduced …
Read More »Reneging On Offers – A Growing Recruiting Nightmare
Imagine your anger when, after a 3-month search, a finalist who said yes accepts a last-minute competing offer. Ouch! But this type of nightmare shouldn’t be a surprise. Today, 47% of candidates report that after saying yes, they would remain open to a late arrival offer. You can blame this …
Read More »Why The “Need-On-Date” Is The Best Time-Based Recruiting Metric (And why the “time to fill” metric is misleading)
This article is in response to a recent social media discussion on the use of the “time to fill” metric. Its goal is to urge you to switch to the more effective “Need-on-Date” metric. Just-In-Time Hiring Is The Ideal Approach If you’re familiar with the business term “just-in-time,” then you …
Read More »Stop Hiring Candidates “You’d Like To Have A Beer With” (And other dinosaur recruiting practices to stop using)
After 25 years as a TA leader, I admit that we use many recruiting practices that are simply silly. I call them “dinosaur recruiting practices” because they are now obsolete and should be extinct. But they aren’t, and they are still commonly used. For a recruiting practice to reach “dinosaur …
Read More »Improve Your Interviews With Five Easy Additions (And identify top candidates faster)
Unstructured interviews don’t predict very well, so add a little structure in 5 key areas. It’s a fact that interviews fail to select the best candidate most of the time. 91% of the factors that would identify the top candidate are not even covered during interviews. Five Easy To Implement, …
Read More »Prioritization Lets Recruiting Focus On High-Impact Jobs (Using high-impact, low-cost position prioritization)
Position prioritization allows the recruiting function to “do more with less” (with little effort). Illustrating The Dollar Impact Of Prioritizing Recruiting Normally, because of a shortage of recruiters. This corporation has a 30-day wait until a received requisition is actually acted on under its current date stamp rule. The req …
Read More »Inflation Created… A Hidden Recruiting Opportunity (And a “Beating Inflation Strategy” allows you to meet this opportunity)
This Inflation Caused Recruiting Opportunity Explained Over the last few years, during the “great resignation,” recruiters have been blessed with the opportunity to pick from a large talent pool who were eager to quit for a better job after the frustrating Covid lockdown. However, over the last 2+ years, inflation …
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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