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The cost of a failed hire can range from $25,000 to more $1,000,000, amounting to anywhere from one-third to five times an employee’s annual salary, depending on the position. And the Harvard Business Review recently reported that up to 80 percent of workforce turnover is the result of bad hiring decisions. In addition to the… Read more »

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How would you describe your relationship with your staffing agency? While this may seem like a strange question, it’s really quite significant. Your staffing partner is responsible for bringing new employees into your business, so it’s important to work with someone you’re comfortable with, who truly understands the needs of your company. Follow these five… Read more »

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A recent CareerBuilder survey of 2,600 hiring managers and 4,000 workers produced telling statistics about what employees value most and what employers need do to retain their best talent. According to the results: 39 percent of employers are concerned they might lose their top talent in the months ahead. While 66 percent of employees said… Read more »

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You’re oh-so-close to hiring a superstar. The lengthy process of resume review, candidate prescreening and interviewing has drawn to a close. You and your team feel confident that your top candidate is “the one.” It’s a heady and exciting feeling as you’re just about ready to make an offer. It can be tempting to dismiss… Read more »

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Every company knows employee turnover is a part of life. While you may know there’s a good chance you’ll be losing some of your team members this year, you don’t know when it will happen. Consequently, there’s a good chance you’ll be short-staffed for a period of time while you search to find a replacement…. Read more »

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The success of an organization depends heavily on employee loyalty. It’s no different than loyalty in a friendship, marriage or similar partnership: Without it, the very foundation of a relationship – and the benefits that go with it – are threatened. Loyal employees empathize with a company and its management, sharing priorities and a sense… Read more »

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An advanced degree and a sterling grade point average. Glowing recommendations from past employers. Jaw-dropping credentials and a skill set custom tailored to the position. Hiring this candidate is a no-brainer, right? Without a doubt, you’re on the right track. But there’s another factor that can make or break a new employee’s staying power, performance… Read more »