THE PLAYING FIELD : UNFORTUNATE HIRING FACTS

  • "Chances are good that 66% of your company's hiring decisions will prove to be mistakes in the first 12 months." - Peter Drucker
  • "61% of companies today say their top staffing challenge is lack of qualified applicants." - Human Capital Magazine
  • "The cost of a mis-hire is around 24x their salary." - Brad Smart, author of Topgrading
  • A study in the Harvard Business Review found that 90% of hiring decisions are based on the personal interview.
  • A 2004 study found that interviews are only 14% accurate.

Focus on person, not job description, to hire best candidate
Cincinnati Business Courier, April 7, 2006
By Jonathan Bartos, Jonathan Scott International

The elephant in the room is actually the guy sitting in the cubicle next to you. The problem nobody wants to talk about in today's workplace is the underachiever, the promising candidate whose shining moment was his spectacular interview. Whose fault is it when a new hire doesn't live up to expectations?

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