The cost of turnover for a typical employee is between 48 percent and 61 percent of the employee’s salary, as discussed in a previous blog ( http://davejensenonleadership.blogspot.com/2009/06/six-hiring-mistakes-good-leaders-make.html ). In that blog, I also revealed the six most common mistakes leaders make during the interviewing and hiring process. These errors are why an average of 50% of all new hires leave during the first seven months. Let us now turn our attention to avoiding these mistakes and hiring the best fit for the job.
The eXpansive Leadership Method (XLM) is a tool to help you interview and hire well. As seen below, you can use the XLM to frame your approach to the hiring process. Adapt this process to suit your environment to hire better candidates, improve productivity, lower turnover, and decrease costs. If you’d like to read how to execute each step, click the link below or paste it in to your browser:
Apply the XLM to Interview and Hire the Best