The Costs of Bad Hiring Decisions and How to Avoid Them

Overview

In the business environment, hiring managers have two main goals: (1) hire the best people for your organization, and (2) contain costs. In order to do so, you must have a clear understanding of the impact that a bad hiring decision can have on your business.
The US Department of Labor estimates that the average cost of a bad hiring decision can equal 30% of the first year's potential earnings. While these results can be devastating, this is a problem which business can learn to...
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Overview

In the business environment, hiring managers have two main goals: (1) hire the best people for your organization, and (2) contain costs. In order to do so, you must have a clear understanding of the impact that a bad hiring decision can have on your business.
The US Department of Labor estimates that the average cost of a bad hiring decision can equal 30% of the first year's potential earnings. While these results can be devastating, this is a problem which business can learn to avoid. By following the Carol Hacker's advice, you will gain a better understanding of the hiring process, and at the same time improve your hiring skills.
Loaded with practical advice for making sound selections, the text offers "hiring friendly" tips for everything from deciding whether to fill a vacancy, to defining the job and extending a job offer. Each of the book's five parts concentrates on an important aspect of hiring, and includes a checklist to help you remember important points.
This new Second Edition of the highly acclaimed book, The Costs of Bad Hiring Decisions & How to Avoid Them, is still the only book to address the real costs of bad hiring decisions and their devastating effects, and to offer 130 tips for avoiding them. This superb guide is easy to read and should be required reading for everyone who makes hiring decisions.

The first book to address the actual costs of bad hiring decisions, which can be one-third of the employees annual salary or much more. This valuable tool will assist the reader in finding, interviewing, and making an offer to the right job candidate the first time, thus avoiding poor choices that drain profits.

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Editorial Reviews

Booknews
A practical guide to hiring, for managers, supervisors, and business owners. Sections on preparing to search; screening; interviewing; references; and making the final decision include checklists, tips, and sample forms, plus appendices on interview questions, acceptable and unacceptable pre-employment inquiries, and federal laws and regulations affecting personnel management. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

  • ISBN-13: 9781574440270
  • Publisher: CRC Press
  • Publication date: 2/15/1996
  • Edition number: 1
  • Pages: 272
  • Product dimensions: 6.01 (w) x 8.99 (h) x 0.59 (d)

Table of Contents

Introduction
1 Approach Vacancies Conservatively 3
2 Define the Job 7
3 How to Fill the Vacancy 21
4 Stretch Beyond Traditional Advertising 35
5 Pre-Employment Testing 45
6 Pre-Interview Screening 55
7 Pre-Interview Preparation 63
8 Preparing Interview Questions and Setting Goals 75
9 Opening and Conducting the Interview 83
10 Evaluating What You See and Hear 95
11 Closing the Interview 103
12 Documentation and Rating 111
13 Selecting Your Finalists 117
14 How to Check References and Limit Your Liability 121
15 Making Your Choice 141
16 Making the Job Offer 145
17 Following Up with Unsuccessful Candidates 153
18 Orientation 157
App. A Sample Interview Questions 163
App. B Pre-Employment Inquiries 173
App. C Major Federal Laws and Regulations Affecting Personnel Management 179
App. D Costs Associated with Turnover 189
App. E Americans with Disabilities Act of 1990 (ADA) 193
App. F Sample Advertisements 203
App. G Employee Selection Tests 209
Additional Reading 215
Index 217
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