Paul Petrone's Blog – April 2014 Archive (14)

Report: HR Takes Less Than 5 Minutes To Review A Resume

There is no more crucial aspect to any organization’s long-term success than hiring. Just one stat: a top-performer at a company, on average, is worth at least 14 times their salary…

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Added by Paul Petrone on April 29, 2014 at 11:00am — 13 Comments

Three Keys To An Effective Wellness Program

Credit: National Cancer Institute

As you know, healthcare costs continue to rise, due mostly to chronic diseases, described by the Center of Disease Control as the most preventable health problems in the United States. So the obvious way to save money for your organization is a…

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Added by Paul Petrone on April 28, 2014 at 3:00pm — No Comments

Want To Win The Talent War? Identify Top Talent Faster. Here’s How.

Imagine 100 stones were dropped on the ground and 40 people were allowed to look through them. Some of the stones were precious gems, others valuable – but not as valuable – quartz and others were worthless fool’s gold; although they all look similar to the untrained eye. In that case, who wins?

It isn’t the person who just grabs a…

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Added by Paul Petrone on April 28, 2014 at 10:00am — 11 Comments

The Case Against Having Prerequisites For Jobs

Just about every job description lists a series of prerequisites. Three-to-five years’ experience, a certain college degree, etc.

Why?

Look at it from a 10,000-foot perspective. Let’s say you have a lack of customers and you think it is time to hire another marketer for your company.

Does that mean you need five…

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Added by Paul Petrone on April 25, 2014 at 9:00am — 24 Comments

5 Steps To Hiring The Right People All The Time

Hiring, as we have argued before, should be treated like a zero-tolerance industry. Making strong hiring decisions is crucial to any organization’s success and wrong hires are incredible expensive mistakes that bring down the morale of everybody around them.…

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Added by Paul Petrone on April 24, 2014 at 10:30am — 3 Comments

Why Do Companies Hire?

Credit: Wikipedia Commons

So why does a company hire a person?

It isn’t to have more people around. The goal of any company isn’t to rack up its number of employees. In…

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Added by Paul Petrone on April 23, 2014 at 11:30am — No Comments

Why HR Is The Most Underrated Aspect Of Your Company

Having a great human resources team is crucial to any successful company. The problem is, they aren’t always seen that way to outsiders or even to fellow employees.

Why? Any longtime business owner understands the importance of having a great human resources team and yet it is hard to quantify their value in real dollars. But the truth is, they provide tremendous value, with much of their worth coming from the dollars you don’t have to…

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Added by Paul Petrone on April 23, 2014 at 9:00am — No Comments

Should Hiring Be Considered A Zero-Tolerance Industry?

Here’s the question of the day – what if we treated hiring like a zero-tolerance industry?

A zero-tolerance industry is an industry where mistakes are not tolerated. Nuclear engineers work in a zero-tolerance industry. Air traffic controllers work in a zero-tolerance industry. Police officers work in a zero-tolerance industry.

Those jobs are zero-tolerance industries because they are literally matters of life and death. Hiring isn’t.…

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Added by Paul Petrone on April 21, 2014 at 3:30pm — 1 Comment

The Inefficiencies Of The Hiring Process – And How To Fix Them

Credit: Wikipedia Commons

What does the second law of thermodynamics have to do with hiring?

A lot, really.

For those of you who have not been brushing up on your physics lately, one of the takeaways of the second law of thermodynamics is that no system can be totally efficient. So, for example, all the energy…

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Added by Paul Petrone on April 21, 2014 at 1:03pm — 1 Comment

How New HR Technologies Will Change The Way We Hire

A quick story.

I knew a woman who worked at a finance company. While working at the company, she went to school at night and eventually earned her MBA. After she graduated and earned her degree, she walked into her boss’s office and asked for a raise based on her new degree.

Yet the boss instead focused on the money she brought into the company. He pointed out that her output was essentially the same as last year. He declined the…

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Added by Paul Petrone on April 18, 2014 at 3:00pm — 1 Comment

4 Ways To Effectively Use Social Media To Screen Candidates

Let me guess. You already are using social media to screen candidates. And you are not alone. According to a recent survey by Reppler, 91 percent of people involved in hiring decisions at their company said they do too.

The problem is that recent studies have shown that this can be a highly ineffective and, in some cases, illegal way to screen candidates, if done…

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Added by Paul Petrone on April 17, 2014 at 2:00pm — 6 Comments

Top Gun 2 And Why People Still Matter

Credit: Alan Light

Jerry Bruckheimer, producer extraordinaire and the man behind the original Top Gun, is looking to make a sequel to the 1986 blockbuster. Of course, the movie…

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Added by Paul Petrone on April 16, 2014 at 11:30am — 1 Comment

The Genius Of Amazon’s $5,000-To-Quit Plan

Paying an employee to quit. Does it make any sense at all? Big time, and not just because Amazon says so.

Amazon offers employees at their fulfillment centers after their first year of work $2,000 if they wish to quit. That payoff climbs by $1,000 each year until it caps out at $5,000. Of course, the headline of the money-to-quit contract offered to employees is “Please Don’t Take…

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Added by Paul Petrone on April 15, 2014 at 1:28pm — No Comments

The Staggering Plight Of The Long-Time Unemployed

One of the problems facing the long-term unemployed today is that the rest of us – i.e., the people with jobs – think these people are either lazy or have no marketable skills. We beat our chests and proclaim if we lost a job, we’d be out the next day, looking for work until we found a way to make ends meet.…

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Added by Paul Petrone on April 15, 2014 at 8:18am — 1 Comment

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