Steve Jobs, the former CEO of Apple famously said, “The secret to my success is that we have gone to exceptional lengths to hire the best people in the world.”
Hiring the best people in the world is an exceptionally high standard that many companies aspire to reach. But how can you expect to hire innovative teammates without innovative hiring practices?
By sticking with the status quo, companies are hurting themselves when it comes to recruiting and retaining talent, and harming their businesses financially. The most common traditional hiring practices are contributing to a costly turnover epidemic — according to recent studies, the cost of replacing an employee can range from 21 percent to 400 percent of the employee’s salary, depending on his or her position and level within the organization.
If your business is suffering from low morale and high turnover rates due to ineffective employee recruitment and hiring practices, it may be time to reevaluate your methods.
Here are the top five hiring mistakes companies make and how to correct them… <READ MORE HERE>