Hiring mistakes can be costly in so many ways. According to recent a recent WorkTrends survey from Sheri Feinzig at the IBM Smarter Workforce Institute, many hiring mistakes are being made.
They asked 6,200 managers and HR professionals who have hired in the past two years: “if you had it to do over again, what percent of your new hires would you rehire?” On average, only 61% would be rehired. That means nearly four in ten hires were mistakes. The full post can be read here: Study: Don’t be fooled by the wrong metrics
Successfully engaging employees starts with hiring the right people that are the best fit for the job. It also means understanding how your best employees are doing their work and using that info to screen new people.
The IBM Talent Suite includes scientifically proven behavioral assessments that ensures candidates are well suited to the needs of the job by using analytics and workforce science to predict “best fit” for high value roles, and help people do meaningful work. Hiring the right people is not easy but better testing and tools are yielding some positive results with employers reporting better fit, lower attrition rates and happier teams.
The WSJ had a full page article on this on last week where our very own Jay Dorio talks a little about his work in this area:
WSJ: Today’s Personality Tests Raise the Bar for Job Seekers