The wrong hire impacts 80% of the turnover of the company & 20% on the cost of hire.
Date:March 01, 2018 to April 30, 2018
09:30 am to 06:00 pm
One of the most important on-going tasks you will have as a business leader is hiring. It is not easy, though; it's a time-consuming process with monetary and reputation consequences if you make a bad hire.
The wrong hire impacts 80% of the turnover of the company & 20% on the cost of hire. It does not stop here but continues to disrupt the culture of the organization, decreases productivity and directly hit the potential loss of customers and revenue.
Why interviewing is a skill? Why is it essential to develop this skill amongst the hiring managers?
Today’s candidates are better prepared for interviews than ever before. With lot of interview tips and resources available online, candidates are prepared to answer basic interview questions and are well rehearsed to impress. This level of preparedness makes it difficult to assess a candidate as a good fit for your company or not.
Hiring a right candidate requires a skill to analyse competencies, cultural fitment, personal stability and various other performance aspects. It is not easy to identify bad hire but good interviewing skills can ensure right hire.
Outcome of having right interviewing skills
- Hiring the right candidate
- Enhanced productivity
- Better work culture
- Right utilization or skills and resources
- More engaged teams
- A better brand name in the market