A significant challenge in the recruiting process is how Talent Acquisition can predict future employee performance. Many Talent Acquisition professionals choose to screen and evaluate candidates on things like cultural fit, believing that a well performing employee would gel well with the current team. However, approximately 20% of employees hired using cultural fit have been labeled "bad hires." This has included employees who did not possess the appropriate skills to do the job as well as employees who just didn't find their place on the team. It's clear that using cultural fit to evaluate candidates is simply not enough. So how do you evaluate candidates for future employee performance?
A growing trend in Talent Acquisition is to screen applicants instead using network fit. Network fit differs from cultural fit because it takes multiple items into account, including skills match, cultural fit, work style and employee values. This means employers need to look at the many ways a future employee may contribute to the team and succeed in their role.
According to a recent CEB Global study, recruiting teams using network fit as an evaluation method enhance quality of hire by over 30%. This is a marked improvement over evaluation methods by cultural fit, which only produce gains of approximately 12%. It's clear that this method of predicting employee performance is more successful overall. But how do recruiting teams put this method into action? And in which ways will it predict future employee performance? Consider the following strategies to assess future employee performance using network fit:
Today's recruiting professionals have many challenges when it comes to making just the right hire. But using these strategies to screen applicants for network fit, employers can become more successful at hiring the best candidate for the organization.
Great article, Catherine. I never put all my stock in cultural fit. There's much more that goes into a good hire. Certainly technical abilities should make up the majority of the traits. In place of online assessments, panel or group interviews are an excellent idea. Pre-employment projects may cause trouble if the employer asks a candidate to solve a problem that exists at the company. In other words, gets free services from the candidates. Some of my customers have complained about this.
I always wonder, should you look for the culture you have or the culture you WANT to have?
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