Interviewing – a process that no one looks forward to.
Whether you’re trying to get hired or looking for a great employee, the interview process has problems; the worst may be that it just doesn’t work that well. Studies have shown that up to 50% of new hires don’t work out. That’s a big number. But what’s a good number? Employee turnover is estimated to cost anywhere from $5-10,000 to 2x the annual compensation per lost employee. At those rates, even half that number is costly.Read More