We have reduced our interview to hire ratio from 5 to 1 to between 2 and 3 to 1. Hiring managers are more comfortable with the overall quality of the candidates.
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Reduce rework to build a superior workforce.
Early turnover is a form of staffing waste that can have serious financial implications. You see, every time your organization has a recent hire that terminates within the first 90 to 120 days—what we at Shaker Consulting Group call a false start—rework is required to recruit and train the replacement hire to help them reach proficiency or minimum performance standards. To see how this doubling-effect would look at a company with 100 false starts annually, check out the False Start Waste and Rework ROI Calculator. Feel free to input your own data, too.
Working with Virtual Job Tryout® means reducing the cost of rework.
While there’s no way to fully prevent someone from choosing to leave a job in the first 90 to 120 days, there is a way to reduce the likelihood of hiring candidates who would either quit or be terminated due to poor performance: Virtual Job Tryout. This leading-edge pre-employment test not only helps you gather the meaningful data needed to hire better candidates, but also to identify and stop hiring poor-fit candidates and those that end up performing similar to your bottom 20%.
Click here to watch the Virtual Job Tryout Snapshot
