Are performance-based pay structures worth all of the hassle? It feels like the amount of effort that goes into these pay structures might not be worth the squeeze. Typically performance-based pay requires the measurement of key performance indicators. That means that I’m paying someone to measure all of the “stuff.” That’s fine for me because as we know, you can’t …
5 Ways to Tell If Your Recruiting Pro Is Giving You Self-Pity.
Complaining will do nothing but make your “time to fill” metric exceed the 58-63 day period that is currently the industry average to fill a requisition. I have sat through or led enough recruiting pipeline report meetings to learn when a recruiter is “getting after it” and when they are just making excuses. Here are a few things to watch …
Is it Time to Fail, OR is it Time to Fill?
More often than not, work takes longer than we think… In recruiting, “time to fill” is the number of days between when a job posting is approved, and the day the offer is accepted by the candidate. I’ve seen average time to fill rates range anywhere from 41 days to 62 days. Sometimes waaay longer. The problem with focusing too …
Bad Things Happen When Companies Take Too Long To Hire
I have recruited and hired a lot of people over the years, more than I can count, but the one constant throughout the process is a simple question: Are we taking too long to hire? Yes, I’ve been accused of that before, especially when I was recruiting journalists from the U.S. Mainland for a newspaper in Hawaii, a place that people …
Through Hell and High Water: Your People Strategy
After the Houston Astros knocked off three historic teams—The Red Sox, Yankees and Dodgers—the city of Houston celebrated its first-ever World Series Championship. “Houston Strong“, coined post-Hurricane Harvey, became the mantra and the common thread that bound players, fans and observers together. Beer was certainly part of that celebration, and Budweiser produced another tear-inducing spot that gave props to a …
Moneyball for the Talent Function
Turnover continues to be a problem, engagement at an almost all-time low (if you don’t believe me check with The Gallup Organization), and very little has been done to crack the code of effective recruitment measurement or tactics. Adding to all this, it is a buyers’ market for applicants again with unemployment down to 4.3% nationally this May. All the …
Quality of Hire Matters When No One Gets Fired
No environment exists in America where people are fired dispassionately, quickly and easily. It just doesn’t happen, folks. Yes, there are boiler rooms and call centers where people smile and dial for dollars. Some sales quotas and metrics need to be attained in backroom offices and on showroom floors or somebody goes home unhappy. But most people quit before they …
VIDEO: No Scrubs with Kris Dunn – Recruiting Metrics: Is New & Sexy Really Better Than Tried & True?
Check out the latest episode of No Scrubs below, featuring host Dawn Burke and her guest Kris Dunn, founder of Fistful of Talent and The HR Capitalist and CHRO at Kinetix. Join them as they go down the long and winding road of recruiting metrics, complete with analysis and insight from their combined experience. In particular, Dawn and Kris bring the laughs as they …
Turned On By New Recruiting Metrics? Don’t Kick The Old Ones Out of Bed Yet.
The heart likes what it likes. I can’t explain why I’m into John Taylor over Simon LeBon. I just am. Current marriage not included, I can’t tell you why in my past I’ve been a sucker for overly complex, somewhat intriguing, renaissance men who were exciting, angry, short-tempered and completely incompatible with me. I just did. Or why I totally fell for a completely …
How To Build Your Internal Recruiting Practice
External recruiters are a crutch. I need to be careful with this one, lest I misrepresent my point, but hear me out. What is “recruiting?” Visit different companies and you’ll find the definition (and philosophy) differs quite a bit. Having been a rather frequent jumper the last 6 years, I’ve experienced many of these differences first-hand, and depending upon where …