Current hiring is hard to change at scale, because every hiring manager is different and implements hiring policies differently. Often, speed to hire guides the behavior; and it’s that speed that opens the floodgates to mistakes and bias. That’s why leaders face an incredibly costly leaky bucket: paying top dollars to attract top talent, only to have the same % of employees leave as are joining the organization.
It’s time to rethink hiring. Unfortunately, information on resumes is only 18% predictive of performance or fit (Oh et al, 2018). While managers and leaders want top performing teams, the traditional ways of looking at people are preventing the organization from hiring and retaining the best talent.