by Ira Wolfe | Nov 12, 2014 | Employee Motivation, Employment Testing
Managers need to hire forward with the future in mind and stop hiring looking in the rear view mirror. Companies and its managers must begin to rely on potential instead of past performance. Here are the reasons why. For centuries, “employee” selection was made based...
by Ira Wolfe | Feb 7, 2014 | Employment Testing, Hiring Process
Are you troubled by high employee turnover? Attracting too many unqualified applicants? Wasting time interviewing high risk candidates? Listen to The High Cost of a Bad Hire – Ira S. Wolfe, Recruiting and Hiring Top Talent According to a 2013 Gallup survey...
by Ira Wolfe | Aug 14, 2013 | Hiring Process, HR Articles, Podcasts
The cost of employee turnover is significant and cannot be ignored. Management goes ballistic when inventory is lost or materials are wasted. But when it comes to employees, bad hires and poor performance are tolerated and even excused as if the voluntary or...
by Ira Wolfe | Jun 26, 2012 | Hiring Process
A conservative estimate of the cost of turnover for hourly employees is 25 percent of their annual salary. A search for studies about costs associated with hiring and employee turnover places the actual expense closer to 50 percent for hourly employees—and many times...
