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Some
facts
about
Interviews
&
Recruiting |
Question |
Advice |
Are
You Attracting the Right Candidates?
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In
today's job market with hundreds of thousands of people out of work, many apply
for the job even if they do not qualify. We can help you weed out candidates
that are not a match to your open position. This will save you time and money. |
Have
you ever wondered why it cost thousands of dollars to find the right candidate
for a position that you want to fill within your company? |
Hiring
a recruiting company can be very costly. Sometimes
they may be on retainer, other times they work on commission until they find the
right candidate. At that point it could
cost you 10% or more of the candidate's annual salary. This commission is paid
usually after the candidate has worked for the company 3 months but at the 3
month mark, you may not know the full capabilities of the candidate. So you pay
out let us say $10,000 commission on a $100,000 position just to find out that
on the 4th or 5th month, they are not performing as expected and then back to
the drawing board. This does not even include the money and time already spent
on interviews, background and reference checks. |
How
many employees participate in the interview process? |
When
you engage only 1 person to interview the candidates, you are not getting a full
picture of the questions that are asked during this process. Usually, at least
2 employees will interview each candidate, sometimes even 3. At the hourly rate
of $100 per employee multiplied by the number of interviews multiplied by
the number of candidates to be interviewed in the hopes of finding the right
one, it could cost a company a minimum of $900 for 3 candidate to
be interviewed by 3 employees at 1 hour for each candidate. |
How
many interviews do you conduct per candidate? |
When
the candidate does not work out in the 1st interview, normally they would not be
asked to come in for a 2nd one, however when you have candidates that score
pretty close to each other, they may be invited to a 2nd and sometimes even 3rd
interview. Imagine the cost now when multiplied by the number of candidates,
interviews, employees involved in the interview process and the hourly rate thay
you are paying each employee to participate in these interviews. |
After finding the right candidate
what guarantees do you have that the candidate will be successful in their role,
is productive, meets your expectations and fits well in your Team and most
importunately will stay with your Company?
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Statistics
indicate that in a good economy, 50% of employees will look for higher paying
jobs, which means a 59% turnover. 20% of candidates hired for a particular
position do not pan out. In the current economy, candidates will stay with the
company but at what cost to the Team and ultimately to the organization. |
What
are the most important factors that help you decide whether a candidate fits the
position or not?
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Besides
the common questions that are asked based on skills required for the position, a
candidate must also fit into the Team and company structure. Talent is not
enough. In today's global markets, communication, passion, leadership and
integrity are just a few qualities that a candidate must have in order to be
successful in any organization. |
What
are the deciding factors for even interviewing a candidate to begin with?
|
The
deciding factors for interviewing a candidate is how well this candidate answers
the Self Profile provided by
.
This Self-Profile encompasses all the qualities that a candidate must have to be
successful in any organization. Once the standards are set for the position,
the candidate is invited to take this Self-Profile and based on the score in
comparison to the company's requirement will then move to the next level. |
After finding the right candidate
what guarantees do you have that the candidate will be successful in their role,
is productive, meets your expectations and fits well in your Team and most
importunately will stay with your Company?
|
The
Self-Profile that is applied to candidates is designed to also apply to existing
employees or associates. This Self-Profile can be applied at any time to an
employee or associate so that each manager can pro-actively measure the
performance of each member on their Team. Individuals and Teams make up the
organization. When an organization applies the Self-Profile, they will be able
to assess the employee at an organizational level and therefore can quickly
identify the state of the organization. |
Utilizing
to help you find the right candidate is a great
start.
empowers
your Organization with the toolset for Candidate Search, Candidate Selection and
placement, and employee retention.
provides the framework for cutting costs on your Candidate Search b, your
productivity standards, partnering with you to understand your company culture
and applying pre-screening techniques before you make the decision to
bring them in for a face-to-face interview.
It provides the tools for Management to evaluate Candidates in a consistent,
fair, practical and cost effective manner.
To
find out how you can save thousands of dollars on your job placement needs
please
Register to receive a tour of our website.
You do not need to install any
software on your computer; you just need to register for access to our site.
We believe so much in our Methodology
and Techniques that we will partner with you to assist you in finding the right
Candidates for your Job Opening Needs.
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