the ceo magazine, employee retention,
Nancy O’Keefe, Author, Fighting The Talent Battle: How To Update Your Arsenal and Win the War

Finding great employees is a top problem organizations struggle with today. It is getting more and more difficult to attract, motivate and retain employees with the skills that are needed in a fast-changing business and technological world. Business leaders should be looking for the problem solvers, the innovative thinkers, the adaptable leaders and those with strong emotional intelligence to build the skills into organizations that are needed today and will be needed tomorrow. These skills and characteristics are becoming harder and more expensive to find. It currently costs about 2x salary to acquire a new hire and that price tag is going up as the supply of those skills become scarce. 

I definitely made my share of bad hires in the early days as a business owner: The salesperson who never made a sale. The admin who stole our software for her sideline business. The marketing rep who continually fell asleep at her desk and did her personal errands while out of the office on “company business.”

the ceo magazine, hiring,
Alexandre Pachulski, Co-founder, Talentsoft

Some of the biggest hiring mistakes are hiding in plain sight. Odds are they’re happening in your company right now. Not because your team is careless or neglecting their responsibilities. These mistakes are happening because talent management has changed drastically and few companies have kept pace.

Most companies are operating as they have for years. When positions need to be filled, they rely on HR to post job descriptions or recruiters to produce potential candidates. Invitations for existing employees to apply may be sent via email or another internal communication channel.

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