Live Webinar – June 15th, 2022 3:00 pm – 4:00 pm EDT
Activity Type: Education – Course or Training  1 Hour  1 PDU free
Provider: Training Magazine Network

How many times have you found and/or kept a superior performer .?   According to Careerbuilder, 3 out of 4 small business employers have hired the wrong person.   74 % say they have hired the wrong person for a position.  It turns out that employees ‘think’ they can pick the best, but most don’t really know how to find and hire new candidates.

The United States Department of Labor puts the cost of a bad hire at up to 30% of the employee.

Poor hires can result in lost productivity and expenses in hiring, recruiting mistakes and ineffective training workshops.  And it gets worse… managers also spend too much time supervising poorly performing employees who were chosen. Gallop estimates that in the US, businesses lost $450 – $550 billion dollars in productivity because of inadequate vetting of new candidates.

The hard skills for a job are fairly easy to determine: things like level of education, experience and technical skills.

What is sometimes harder to determine is what “type of person” would be most successful — one that would fit the role as well as the organizational culture. It requires time and attention in the selection process.

Using a Job Benchmark based on the job requires  due diligence in hiring.   The TTI Job Benchmark process starts with:

• Identifying the specific job to be benchmarked
• Identify Subject Matter Experts (SMEs) that have a clear understanding of what the job is and what is involved to create superior performance within that role.

To get started, use SMEs and the hiring manager to discuss:

• Duties – create a list of all the activities and tasks required for the JOB
• Use Key Results to group duties’ that are similar and title them
• Insist on specific and measurable statement for each Key Performance Indicators (KPIs)
• Create and validate the Benchmark (high and low results)
• Compare the top candidates with the Job Benchmark (TriMetrix Job Plus/Talent Comparison)
• Debrief the hiring manager / stakeholders while looking at the results

Presenter: Lou Russell (LinkedIn profile) is President and CEO of L+EARN and Russell Martin & Associates. Lou delivers learning experiences that are fun, flexible, fast and measurable. She believes that learning and earning go hand in hand and focuses on faculty development, retention and recruitment of students, project management, leadership and organizational learning opportunities. Lou is the author of The Accelerated Learning Fieldbook and IT Leadership Alchemy, Project Management for Trainers, Training Triage: Performance-Based Solutions Amid Chaos, Confusion, and Change, and her newest book 10 Steps to Successful Project Management. A popular speaker, Lou addresses national and international conferences such as the Career College Association, ACCET, Training 2008, Project Management Institute, Project World, LotuSphere, ASTD and the Society of Information Management (SIM).

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Hiring With No Real Data?
Try The Amazing Job Benchmark For Accurate Selection

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