
Dear HR Managers and Business Owners, Google "reduce employee attrition" and you will get lots of advice - 32,600 pieces of advice. Doing this is actually a lot simpler than what many of the articles prescribe. The solution is simple really: place the right people in the right job, recognize their performance, reward them occasionally, and treat them with respect. So why doesn't this happen? According to a recent study by Leadership IQ, 46% of newly-hired employees will fail within 18 months, while only 19% will achieve unequivocal success. But contrary to popular belief, technical skills are not the primary reason why new hires fail. Instead, poor interpersonal skills dominate the list, flaws which many of their managers admit were overlooked during the interview process. If managers focus more of their interviewing energy on a candidate's coachability, emotional intelligence, motivation and temperament, they will see vast improvements in their hiring success. On behalf of the People First Solutions team, I hope you enjoy this month's issue. Cheers,
Bob Murray Partner, People First Solutions |
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