Last year, new-hire turnover jumped a whopping 15%! So everyone involved in hiring should take notice. This type of turnover may be the most painful of all turnovers! Why New Hire Turnover Is Especially Painful Of course, all turnover hurts; however, I’ve found that new-hire turnover (where recent hires leave …
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Top 10 Ways That Cost Per Hire Hurts Recruiting Results (Why CPH may be the most damaging TA metric)
You wouldn’t want the cheapest recruiting any more than you’d want discount brain surgery. Because recruiting produces the highest ROI of any HR function. It’s an area you should invest in, rather than one where you randomly cut costs. And because this CPH metric is so effective at encouraging cost-cutting, …
Read More »Extended Recruiting – Stops Recruiters From Dropping New-Hires “Over The Wall” (The benefits of remaining in touch)
Recruiters are your best friend during hiring, but most disappear after you accept. But “extended recruiting” changes that. Ending The Recruiting Process Early Is A Costly Mistake Before the recruiting process even begins, everyone involved needs to realize that this process shouldn’t end when the new hire starts their new job. …
Read More »Need Amazing Employees? – Hire Those “Defined By Their Work” (Because commitment, work ethic, and mastery will produce amazing results)
Google found that 90% of a team’s value comes from the top 10%. So, recruit this amazing 10%. A Think Piece – encouraging you to hire those who are defined by their work. What Is An “Amazing Employee” (AE) Reviewing my long talent management career, I quickly remember the handful …
Read More »Hire Your Customers – The Top Recruiting Source In Retail (Target this often-ignored talent pool)
If you recruit in retail or service industries, a top source should be your customers (after employee referrals). Article Descriptors| Recruiting /Targeting Customers – Advantages – How To – 4 Min Recruiting Your Customers Can End Your Talent Shortage Most recruiting leaders who work in organizations that interact with the …
Read More »New-Hire Announcements – The Subtle Recruiting Tool That Gets Everyone Talking
Posting new-hire announcements lets potential recruits know that “something is happening here” (at your company). Yes, this inexpensive tool is guaranteed to get everyone talking about the success of your recruiting and the quality of your new hires. What Is A New-Hire Announcement? If you are not familiar with this …
Read More »When You Must Hire The Very Best… Extreme Referral Tools Will Have The Most Impact (It’s time to shift to bolder recruiting tools)
Tired of weak results? Blame cautious recruiters that won’t try more aggressive recruiting tools. Understanding Why Extreme Recruiting Approaches Are Necessary One of the primary reasons why most hiring managers have long been frustrated with the number of top candidates that they are receiving. This is because risk-averse recruiters (most …
Read More »The Quality Of The US Talent Pool Is At A Record High… So Start Cherry Picking Exceptional Talent
Experts seldom mention the quality of the available talent pool, even though it’s at record levels. Yes, because of large-scale layoffs. The amount of highly qualified talent that is currently available to recruit is now at its highest level in memory. And those that follow business trends already know that …
Read More »Good Decision-Makers Are Declining, And Don’t Hire Those That Think They Are A Cow
Good decision-making is needed in every job, but it’s declining in the population. This “think piece” is designed to stimulate your thinking. More bad news for most employers that are facing a scarcity of qualified talent… even in a fast-moving world, good decision-makers are needed at every job level. Be …
Read More »Spend More… Not Less On Cost Per Hire – And Instead Focus On Hiring Results
CEOs often cited recruiting as their #1 strategic challenge, yet HR’s response is to cut hiring costs? I can also report that I have heard multiple CEOs say out loud that “they expect their recruiting needs to be fully met, regardless of costs!” Example – When Superior Results Are Critical, …
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Dr John Sullivan Talent Management Thought Leadership