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WEAKNESSES IN THE TRADITIONAL HIRING SYSTEM
Problem #1: First Impression Hiring
According to the Society of Resource Management Hiring Executives, in an article appearing in USA Today, 63% of all hiring decisions are made in the first 4.3 minutes of an interview. That indicates many people hire on a first impression.
Problem #2: Hire and Fire Method
- Most companies “hire and fire” until they find the right person for the job. (This is a very costly method and affects the bottom line of the company’s profits!)
- Example: In a best case scenario, it takes a month to decide a new employee cannot do the job - and how many times do we really find out in only a month.
- It takes another month to try fixing the problem - usually with training.
- Then it takes a third month to find someone to replace the failing employee.
- That’s a minimum of THREE MONTHS! That’s 25% of a year with a job not being done properly, or not being done at all!
Problem #3: False Information
- Exaggerated Resumes - Half of all resumes have false statements
- Trained Interviewees - Candidates to school to learn how to put on a good show.
- Past Employers - Who will not usually give you any negative input for fear of a lawsuit.
- Primed References - References are primed to give good reports
Problem #4: Poor Job Matching
Training - Profile International studies show that 41% of employed people are working in a field they did not go to school for.
Personality - The Bureau of Labor Statistics reports that 67% of America’s working people don’t like what they do. This indicates an alarmingly high incidence of poor Job Match.
Problem #5: Instinctive Hiring
What does Instinctive Hiring mean to you?
You interview one, two or three candidates then have a meeting where somebody says: “My instincts tell me this is the one let’s make an offer.”
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