According to the Harvard Business Review, 80% of turnover can be attributed to bad hiring decisions. This implies that post-hire programs and initiatives (where the vast majority of turnover reduction efforts take place) focus primarily on the remaining 20%.
Tackling turnover by modifying your candidate screening process represents an enormous opportunity for companies of all shapes and sizes.
Companies that take this seriously will reap the rewards of appreciable improvement to their employee retention over time. Below, we offer a step-by-step guide for how to do this and more.
In this guide you will learn:
Calculating Your Cost of Turnover
Employee Engagement: Not the Answer to Turnover We Hoped For
Reducing Turnover Starts With Hiring
How Much of Your Screening Process Should Focus on Turnover?
11 Traits You Should Screen For to Identify People That Stay
8 Example Interview Questions Guaranteed to Flag Flight Risks
Track Your Results for Continuous Improvement