oldest management cliché is that “people are our most important asset”. If that were true, companies would rigorously assess their own hiring practices, and their record, to ensure that they are indeed recruiting the best people. Remarkably, many fail miserably at this task. . That is one of the striking revelations in a recentWhen companies are asked why they do not monitor the effectiveness of hiring, the most common response is that measuring employee performance is too difficult.
In turn, the employment merry-go-round leads to an arms’ race, and thus higher costs. After all, employees happy with their current job are likely to need a greater inducement to move. Mr Cappelli has not discovered any evidence that hiring outsiders is more cost-effective than hiring other workers, or that passive candidates make better employees.
Alas, even when these tests are conducted, Mr Cappelli has found that managers often ignore the results. Instead companies have doubled the amount of time spent on the interview process since 2009, according to a survey by Glassdoor, a website where employees review companies.
JulianC20299489 And very often they choose the wrong ones. 🦃
Bad or good, what shoul matter is how the company, orfanization helps you to develop your abilities. Only then, you have a better chance to retain the people, inspiring them to continue with the company because they feel a sense of realization.
Creo que debido al entorno cambiante y a temas como el reclutamiento de robots, muchas empresas tendrían que cambiar sus estrategias de contratación pero no lo hacen. Aquellos que no se adapten tendrán dificultades para encontrar personas adecuadas en el futuro. carlosamarin
From my experience supporting international professionals in their job search in Germany: HR is ignorant of desired results of any position. They are like referees at a soccer game who don't know that the point of soccer is to score goals.
Also, having the decision makers completely leave out people from the department in which the new hire will work, is a poor idea.
Modern interviewing tools (personality and strength 'tests') are a race toward mediocrity in the corporate environment. No one wants to rock the boat. Outliers that exist on the positive side of desired traits are just as likely to be discarded as the negatives.
All those daft presentations.......
JibrheelLawal 😂
cause of candidates' quality.. it went down.
Hiring low-skilled personnel. It benefits corporations. Without work experience for those who after university that is normal. But what can do now 'over qualified' employees? Open a business around corrupt officials?! They will not allow it.
You don't need the Economist to tell you companies are bad at hiring. You just have to apply for a few jobs.
The interviewing is not done face to face one problem?
indeed recruitment goes in a very bad way!
Here’s a couple of stats for you. Between WW2 and the 70’s, 90+% of promotional hires were internal. Today, less than 30% come from internal candidates. Average employee raise today, 3-5% - average increase if you change jobs 10-15%....
Three day interviews 8 hours long with 10+ people. And they still get it wrong.
✅ Much in the recruitment process is subject to biases of the recruiters. ✅ Employee productivity/satisfaction is not an easily measurable metric. (Though could be made so with some effort/imagination). ✅ Arrogance often mistaken for leadership potential.
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The hiring process became a joke !!they got inspired from real time tv shows which is do stupid they make a drama out of nothing !!it used to be so simple now they do the first interview the second the third the fourth like if they are hiring for the NASA 🙄😄
Those interviewers don't have an experience to interview job candidates, they ask Questions like 'What's your name, your surname? How old are you? Are you married? Do you have a wife ? Tell me about yourself? That's stupid
I just let let them make mayonnaise from memory. If that checks out they're fine.
The higher the quality of raw material, the better the product. Human is the best raw material produced for others. ( Glory be to Allah who is creation him ) .
We just no longer know what to invent to keep ourselves busy, hidden under the chapter of innovation and technology. lessisbetter
The best interview question: 'Tell me about yourself' You will find out more about that person than if you had asked them 100 questions.
Hasn't the whole world just got less productive and efficient overall due to less attention to the essential and simply more nonsense jobs, useless meetings and undefinable professions ? lessisbetter
More candidates over Jobs.
Yes, CHEAP LABOUR !
And they keep advertising jobs that no longer exist, whilst banging on about experience but yet fail to give you a chance!! Cruel irony!!!
I just signed with a company that didn’t mess around; when the other company I was ‘interviewing’ with surfaces again, I’ll tell them.
I just got an email and call from a recruiter of a posted position I applied for 86 days ago. I mean, seriously? How about get back to people in a timely fashion?
No it's not a waste of time at all.
Because HR is terrible and a waste of resources
The idea behind recruitments is to find out what contribution a prospective employee can make in achieving the company's goals. With interviews today, they seem to miss the point.
45 days for entire inteview to hire process only to make $13.00 per hour. Nonsense!
now they hire recruitment agents n paying big$ but they get lemons CEOs that r crazy on M&A Just think of Bayer&Monsanto Now they r hit by law suits
Companies have to teach their employees Thinking through First principles. Standardizing the questionnaire for different job roles does not help. Rather, interview be held based on requirements for a particular job in a project. Requirements are not just skills.
Agree
Because their system is inherently faulty! Top down is not self sustaining! It WILL ultimately fail! The round table of king Arthur comes to my mind!
No kidding. The more they try to algorithm and deep data refine it, the worse they get. It's comical, actually.
Maybe.
Agree . They create anxiety and spoil their brand as an employer . Sharing some thoughts for leadership
psitato
Until this set of question is publicly known.