Here’s a statistic that might make you wince—Close to half of all new hires fail within 18 months of getting hired…meaning they either have to be disciplined or terminated.
Everybody seems to be hiring right now, but how can companies avoid the setback of a bad hire?
After all, it’s costly for companies to go through the process of hiring the CORRECT candidate, but it’s even MORE costly when they hire WRONG.
In our most recent episode of TSWF, Tim and Brett discuss 10 signs your company has made a bad hire. These signs may be obvious or less notable, but if your new employee displays any of them, it needs to be addressed as soon as possible.
Even IF these indicators are present in some of your new hires, not all sickness leads to death! Good coaching and communication can remedy the situation.
For more information on how to determine if you’ve made a bad hire, check out our latest podcast episode.
Main Takeaways:
| Being understaffed is less harmful to your company than having an employee that doesn’t fit.
| Not all sickness leads to death—many of these signs can be remedied with the right tools.
| Almost half of all new hires fail within 18 months of getting hired.
| Knowing the warning signs ahead of time can help prevent you from making a hiring mistake.
Timecodes:
00:00-07:21 | Skills not meeting expectations and bad attendance
07:21-16:00 | Being a bad culture fit, bad attitudes, repeated mistakes and “old job syndrome”
16:00-22:44 | Team players, a lack of attention to detail and a lack of drive and self discipline
22:44-28:37 | “The incredible vanishing worker” and ten great qualities for new employees
Quotes:
“I would say that half of our negative outcomes with new hires is when we have a candidate that’s not a good fit because they don’t match the culture and rhythm of the team.” – Tim Raglin COO of Skillwork
“I want to see people that are willing to take ownership of what they’re doing. It’s important that people are looking for constant improvement, self-learning and trying to get better.” – Tim Raglin, COO of Skillwork
“10 great qualities in a new hire that require zero talent: punctuality, work ethic, effort, body language, energy, attitude, passion, being coachable, doing extra and being prepared.” – Brett Elliot, President & CEO of Skillwork
“All sickness doesn’t lead to death. Just because you’re seeing some of these attributes or traits, doesn’t mean it can’t be corrected.” – Tim Raglin, COO of Skillwork