So this is the 10th presentation of the conference. Titled “Sourcing for Retention” by Jim Stroud.

Jim starts out with some serious stats. “35% of employees will look for a new job if they do not receive a pay raise in the next 12 months”. “32% of leaders at companies with 100+ employees are currently looking for jobs”. 78% of business  leaders rank employee retention as important or urgent”. The revelation “Retention is the new recruiting”.

Then a very revealing quote from the Worlds Economic forum.

"The Northern hemisphere faces talent shortages in a wide range of occupational clusters largely because populations are aging rapidly and educational standards are insufficient. "The United States, for example, will need to add more than 25 million workers to its talent base by 2030 to sustain economic growth, while Western Europe will need more than 45 million. In Germany, according to a recent assessment, 70% of employers are hard-pressed to find the right people."

Then the millennials come to mind. 91% of Millennials expect to stay in a job for less than three years. 83% of millennials acknowledge that job hopping looks bad on a resume. 86% said it would not prevent them from job hopping in the future. Well, one thing is for sure millennials sure seem confused. They say they will only stay in their job for less than 3 years, but know that looks bad on a resume but will still do it. Hmm

Retirement or not. Seems the answers is not.

USA Today reports that a survey of American workers found that 82 percent of the respondents age 60 and older either are working, or expect to keep working past the age of 65.

Then came some tricks.

 Xray linkedin for work announcements “celebrating 5..15 years at * “ Site.linkedin.com

Track resumes were the current hob has been held between 1-6 years 2010..2016-present summary | objective education java C++ ext:pdf

Use of company pages to show staff info. The Question? “How do you source for inexperienced people who will most likely stay with your company?”. One growing trend is some companies are dropping the college degree requirement.

85 years of research tells us “Hi IQ + Good work ethic = Ideal hire.” To quote Pink Floyd “we don’t need no education”

So to answer the question above.

“To source inexperienced people who will most likely stay with your company you must hire and train people who scored well on IQ tests and score significantly for conscientious on personality tests.”

Suggestion search for people with high IQs, MENSA- a society of high IQ people. Give an IQ test as part of the interview, most are 20 question and can be done in 10 minutes or less.

 

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