Posts tagged: Cost of bad hire

How Small Companies Can Compete Against Larger Companies For Talent

Q. We are a small growing company. How do we compete for talent with larger companies, since we can’t pay as much as they do? In my search practice I have placed people in small and large companies. The main issue is rarely compensation. In fact, if that is the primary issue then you will [...]

What Can You Do When Hiring Isn’t Working?

Question: We have a pretty extensive interviewing process in our company. We spend a lot of time making sure the person has the right skills and experience, yet our last few hires didn’t work out. We aren’t sure what else we can do to hire people, any suggestions? Companies often think that because they have [...]

Caution – Using Online Information To Not Hire Someone

Q:  Is there a legal problem if a company looks online, and then uses this information as part of a no-hire decision? This is one of the hottest topics for many companies right now. Most companies are using the Internet in some form to check out candidates before they hire someone. I would suggest checking [...]

Are You Playing the Game of Let’s Give it Another 30 days?

Ready to cringe? Ready to seek a big rock to hide under due to complete embarrassment? Here’s the scenario – the embarrassment factor comes when you realize you’ve been playing this game. You’ve hired what you believe to be a “rockstar” performer for your team. Unfortunately, it’s not panning out to be true (which studies [...]

Who Is Responsible For Hiring Top Talent In Your Company?

Was your answer HR or the hiring manager? I typically ask this question in our hiring workshops, seminars and Vistage presentations to CEOs and key executives. The answers are generally either HR or the hiring manager. Both of which I disagree with. I believe hiring top talent in any organization falls squarely on the CEO’s [...]

Deja Vu-Why Do You Keep Failing at Executive Hiring?

This entry is part 2 of 3 in the series Hiring Failure

I thought you might enjoy one of the more popular stories in our book, “You’re NOT the Person I Hired”. This is part 1 of a two-part article. Let’s sub-title this blog post: The Case-Study of Repeated Executive Failure A couple of years ago, we worked with a $40 million Information Technology service company. The [...]

“She Seemed Perfect For The Position.” What Went Wrong?

These are the exact words of a CEO I was recently talking with about a search to replace a candidate they had hired six months earlier and wasn’t performing.  The CEO explained how they had spent a lot of time with the candidate, she had multiple interviews, she completed a DISC assessment, and simply put, [...]

Why Job Ads Attract The Bottom Third Of Candidates – Audio Recording

Traditional job advertising attracts the bottom third of the candidate pool by using traditional techniques of job advertising. Learn how to improve your job advertisements so that you can begin to attract top talent for every role in your organization. Discover the power of a Compelling Marketing Statement  to bring outstanding candidates to your doorstep [...]

Losing a Top Candidate – Perception is The Only Reality. Lessons learned from 20 years on the front lines of the talent wars.

You rarely lose a top candidate at the end of the hiring process. It’s usually in steps taken along the way. In this case the client made a series of seemingly small mistakes that resulted in the candidate declining to go forward. It started simply by the hiring manager keeping the candidate waiting 30 minutes, [...]

Cost Per Hire Versus Value Per Hire Which Is Most Important

The cost of a bad hire rarely impacts an organization, however, the value of a great hire can often transform an organization. As executive recruiters, we hear about the “cost per hire” regularly. It seems like every time HR calls, this topic comes up. However, I would suggest that a far better discussion for HR [...]

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