Every company desires to find and hire people who can perform just
like their top performers. But consistently selecting
candidates who become top performing employees has
bedeviled everyone from CEOs to hiring managers for as long as
companies have been hiring employees. Companies, quite
literally, have tried everything. From hiring expensive recruiters to
conducting extensive and complex interviews. No strategies seem to be
able to produce a consistent stream of top performing new employees.
Finding High
Performers
A quick look at the math explains why it is so difficult to hire top
performers for organizations. If the top performers are considered
the top 20% of the workforce, then only a percentage of those top
performers are in the job market looking for, or willing to leave
their existing jobs. These top performers are typically better paid
and more appreciated than their counterparts. Most experts estimate
the number of candidates who are top performers in the job market at any
one time to be two to three percent of the total job market.
With a stack of 100 resumes, how do you find the three people who are
the top performers? With traditional hiring
process, the odds are
not in your favor. In fact, it is easy to understand why those
companies that successfully hire one top performer in every five
tries are considered above average.
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© 2004 Tidemark, Inc. All rights reserved.
Tidemark, Hire Clearly and Retain Strategically are trademarks of Tidemark, Inc.
Taylor Protocols, Core Value Index, CVI, Top Performer Profile and Retention Profile are trademarks of Elliott Bay Publishing.
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