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This webinar outlines the top 6 errors related to ineffective and costly hiring processes. The competencies of both skilled and unskilled decision-makers are outlined as well as 10 red flags to avoid during the process of hiring and staffing. The use of psychometrics and assessment centers as tools to use during hiring and staffing are discussed.
Why should you attend:
The US Department of Labor and Statistics reports that a bad hiring decision can equal 30% of the individual's first-your potential earnings. In an HR.com article, it was reported that it costs $7,000 to replace a salaried employee, $10,000 to replace a mid-level executive, and $40,000 dollars to replace a senior executive. Harvard Business Review stated that as much as 80% of employee turnover is due to bad hiring decisions. Also, the National Business Research Institute concluded that 66% of employers said they experienced negative effects of bad hires in 2012. Employee morale was affected by 37% of the bad hires, and another 18% affected client relationships.
Areas Covered in the Session:
Who Will Benefit:
- Identifying Appropriate Talent
- The Essentials of an Effective Interview
- Calling upon your Own Experience
- What HR can do for You, and What you can do for Yourself
- The Hiring Decision Itself
- Avoiding Satisficing in Hiring and Staffing
- The Power of Psychometrics
- Designing an Assessment Center
- Predicting future Job Satisfaction and Success
- Mid-level Executives Charged with Hiring and Staffing
Dr. Mike Vandermark is a Consulting Corporate Psychologist who has been working with organizations of all types throughout the US and abroad for 25+ years. His webinars are known for being highly effective, interesting, cordial and fun. Dr. Mike has the unique ability to facilitate online sessions via interesting examples and stories. Importantly, the information and techniques taught by Dr. Vandermark are immediately transferable to the workplace.
Dr. Vandermark has served organizations as a speaker, consultant, master facilitator, mentor and coach. A few of the organizations that have hired Dr. Vandermark include American Express, Honeywell, American Airlines, AT&T, First Union Bank, NASA, Best Western Hotels, American Cancer Society, Bank of America.