Seven Key Strategies to Reduce Wrong Hires

Seven Key Strategies to Reduce Wrong Hires

Wrong hires are generally those who mistreat, are inattentive at work or lack skills. A poor performer on your team might end up costing your business time, money, and morale.

According to a survey of Canadian CFOs, it was found that dealing with employees whose work falls short of standards consumed an average of one full workday every week. This is equivalent to 21% of their total efforts.??

Reasons for the wrong hire :?

  1. Time pressure to fill an open position with a fresh hire.
  2. Mis-information on the resume about skills, education, and background?
  3. The mismatch between candidate’s expectations about work and the actual work
  4. Unsatisfied candidate because of a daily schedule, work culture??

Solution :

Our aim is to find candidates who have all the required skills, are high performers, have a passion for work and not find excuses of underperformance.?

1. Activity Task in the Screening Process :?

We put applicants through real-life activity challenges (based on the job description) and evaluate how well they do in them. It offers an in-depth insight of the candidate's performance capabilities.

It includes :?

  1. Coding/Debugging?
  2. Cold-Mail/Short Article Writing
  3. Social Media Caption Writing
  4. Excel Related Task and many more?

2. Realistic Job Preview :?

Employees who like their work and feel appreciated, are invested in the success of the firm they represent, and are more inclined to go above and beyond the call of duty. A realistic Job Preview examines a candidate’s performance in a Real-World work setting as a sample for a future position. This is easily accomplished by including situational judgment tests and other realistic job previews in your application process.? If candidates can visualize themselves in the role, they will be more certain that they would enjoy working for you and be motivated to work more.

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3. Hiring based on career advancement, not experience:

Employees who have had strong career advancement are high performers who stick around in similar job roles and have worked smartly and passionately. We take measures to ensure that they receive first consideration over individuals with a higher experience.?

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4. Job Switching Index?

Job hopping has increased in frequency and scope in recent years, impacting workers at all levels and in all fields. To solve this, Metahire developed an AI based index which takes into account 9 data points including the previous job pattern, career stage, industry,? etc. Job Switching Index estimates a candidate's likely tenure with a company. You will be able to determine each candidate's level of commitment to the new work position.?

5. Multi-measure screening process :

According to Harvard Business Review, the Multi measure screening process gives a better understanding of the candidate’s skills when compared to the traditional screening processes which only included resumes, interviews, and personality tests.

6. Skill-based screening process :

CVs are obsolete. 65% of candidates exaggerate their skills on resumes. So, Skill based screening process is required to understand the capability before hiring.?

7. Reduce Time to Hire

The pressure on recruiters to locate the ideal individuals quickly is one of the main causes of disastrous hires. Recruiters often settle for lower-quality applicants when they need to quickly fill a large number of open positions. By utilizing Metahire Technologies, we can cut the hiring time from an average of 41 days to only 72 hours thus improving the quality of hire.

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