The cost of your company’s bad hiring decisions can be staggering. To calculate this cost, I tell my clients to add the first-year turnover rate to the percentage of people who the company wouldn’t rehire. This number is your company’s Bad Hiring Rate (BHR). Next, I ask them to multiply the BHR with the total increase in payroll for new hires to calculate the...
Posts by Lou Adler
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- Topics:
- Recruiting Tips
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When it comes to finding that perfect candidate, I’m always looking for a “Win-Win Hiring” outcome. This means that both the hiring manager and the new hire both agree it was the right decision one year into the job. While defining hiring success with this outcome is a worthy goal, it requires some significant reengineering of your hiring process to achieve it...
- Topics:
- Quality of Hire,
- Recruiting Tips
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While writing my book, The Essential Guide for Hiring & Getting Hired, I found it challenging to write the section about “Getting Hired” since my target audience was primarily hiring managers, interviewers, and recruiters. But I felt the “Getting Hired” part was important to add in order to give job seekers a chance to take control of the interview whenever they...
- Topics:
- Interview Questions,
- Recruiting Tips
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I contend that “Win-Win Hiring” will become the dominant hiring trend in the next decade. A “Win-Win Hiring” outcome means both the...
- Topics:
- Quality of Hire
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In their landmark study — First, Break All the Rules: What the World’s Greatest Managers Do Differently — Gallup introduced their Q12...
- Topics:
- Job Descriptions,
- Recruiting Tips
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While inquiring about the status of a hiring manager interview training proposal, a client told me she would get back to me as soon as...
- Topics:
- Quality of Hire,
- Recruiting Tips