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Employee Selection
Executive
Gerald Graham, Dean of the W. Barton School of Business at Wichita State University stated:
"What are the three most important factors for success in management?
I suggest the answer is selection, selection, and selection!"
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Sales
"A Fortune 500 company said it costs $255,000.00 to find, interview, hire, train and have little or no results from a sales representative.
These costs include lost business or production, figures most companies and organizations fail to include in any of their job turnover cost estimates."
Bill Schult - President Believe and Succeed Inc.
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General
A Business Week magazine article on budgets once revealed that many companies spend on average 85% of their budgets on training and development
and 15% on selection. Whereas a Columbia University study on turnover revealed that 76% of failure is due to poor selection and only 24% of failure is
due to poor development. In essence, companies are spending large portions of their budgets on training the "wrong" people!
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Healthcare
With the Baby Boomer generation beginning to retire the new hires and retention processes for finding and keep good employees is only going to become more critical. Finding “good” employees will become even more difficult. hireMAX has Internet based assessments and services that can help your organization streamline your hiring process and keep people longer.
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