Maximizing quality of hire and spending less money at the same time may seem impossible, but it isn’t. It all comes down to allocating a company’s recruiting budget based on the channels that produce the best candidates. Just take a look at the graphic below, which shows quality of hire by sourcing channel: The data behind the chart (more details) reveals the...
Quality of Hire Articles
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- Topics:
- Quality of Hire,
- Recruiting Tips
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No candidate selection process can deliver a 100% success rate—even world class assessors make mistakes from time to time. As long as we are dealing with human beings, we will never achieve a goal of error-free hiring. The critical point is knowing when to take greater risk, and equipping your organization to address hiring mistakes efficiently and appropriately...
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- Quality of Hire
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Most companies unknowingly violate this the 80/20 Talent Rule every day. The rule is: Focus 80% of your hiring and recruiting efforts on the most important 20% of the talent market. When companies don't follow this rule, they overpay and work too hard to hire average candidates. This entire concept is summarized in this graphic. It doesn’t take much research to...
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- Quality of Hire
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In the last few years, we’ve run a survey asking how recently hired people found their jobs and how active or passive they were when...
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- Quality of Hire
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No one disputes the idea that if you want to raise quality of hire, you need to hire more passive candidates. But hiring more passive...
- Topics:
- Recruiting Strategy,
- Quality of Hire
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In a talent scarcity situation, when the demand for talent exceeds the supply, you need to use an “attract the best” sourcing and...
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- Quality of Hire