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Hiring
Right
Client:
A growing manufacturer.
Situation:
Our client was experiencing an unexpectedly high turnover rate of
new hires. Very few stayed beyond six months, and most were gone
within two years.
All
recruiting efforts made to try to reduce turnover focused on attracting
"problem solvers." Senior management had determined that
the company's future success would hinge on attracting and retaining
these "problem solvers". Unfortunately, increasing the
base wage was not an option - any solution had to be at the current
wage rates.
Assessment:
Upon meeting with senior management, our team learned that most
of the effort was placed on retention and almost none on selection.
Furthermore, their "ideal" employee, the one they believed
they needed in order to be successful, was the type that was most
likely to quit within the first six months. One of the first things
we noticed was that about 70 percent of the workforce had worked
at the company in excess of five years. The other thirty percent
had been there less than five years; in fact, 25 percent had stayed
less than two years.
Strategy:
Our goal became to hire people who would stay beyond five years.
More specifically, we needed to hire people like the people who
had been there longer than five years.
We
focused our efforts on the recruiting and selection process. In
order to identify people like the "top performers," we
used a customized psychometric model to assess fifteen of the "top
performers" and fifteen of the "bottom performers."
(Our assessment tool measures personality attributes only - there
are no right or wrong answers.)
Result:
Our tests showed that there were distinct differences between
the top and bottom performers. The top performers, in fact, were
not the problems solvers management had thought. In fact, the top
performers preferred mundane tasks - which is the type of work they
did each day. Bottom performers needed to be challenged - which
is not what the job offered. Management had been hiring what they
thought should be top performers, when in reality they were hiring
people who left the job because they quickly became bored.
Using
the data, we developed a customized personality portrait that compared
each candidate's profile to those of the top performing group, allowing
us to hire more people like the top performers, resulting in a much
lower turnover rate.
Hiring
Right | Managing Growth | Controlling
Costs | Cutting Expenses
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