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.

the ceo magazine, hiring,
Adam Robinson, Founder & CEO, Hireology

What if you thought about hiring the same way you think about car insurance? Think about how the car insurance process works: The agent doesn’t need to meet you in person to know that if you have a sports car in the garage, four accidents on your driving record, and a 16-year-old living under your roof, you are probably going to cost them money at some point. They have become adept at using historical data to predict the likelihood of certain outcomes, such as you getting into an accident and filing a claim. The riskier you are, the more expensive your policy will be. It’s a formula that’s been proven over time.

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