How Do I Hire The Right People?

NOTE: First posted at the PM College blog.

We had a great webinar on project, leadership, and business skills. We got some great reviews and I hope you enjoy it. To check it out, you see/hear the recording here (registration required). In the next few posts, I’m going to cover the key questions that were asked during the webinar. I will start with one that got to the heart of the challenge:

Are there good assessment tools available for [looking at whether candidates have the right skills]? Especially for new hires. Would hate to make a bad hiring decision.

Absolutely…and it’s one of the most value investments you can make. As we mentioned in the webinar, we just looked at a study (quoted in this post) that notes that 80 percent of employee turnover is driven by bad hiring decisions. That same post goes on the highlight the cost per bad hire: two and one-half time the role’s salary. In other words, a bad $100K hire may well cost you $250K!

PM College has a tried-and-tested Competency Assessment Program that directly addresses this need. Continue reading

%d bloggers like this: