Person-Job Fit = Benchmarks
Avoid common hiring mistakes! We help you hire people who are the best fit on job needed behaviors, organizational culture, and personal values!
In the benchmark process we Identify the 15 top behaviors, motivators, and competencies. We show you how to use that to hire the person with the best fit on all 15 factors. Hire better, develop current employees better, train and develop better on the 15 factors most important on THAT job. You focus your attention on the right factors for much better and more effective results!
Research shows wrong hires cost anywhere from 25% to 200% of first year income. What is the financial benefit of having a benchmark?
Example:
- The job pays $60,000 a year plus $15,000 in fringe benefits ($75,000 a year).
- Cost per wrong hire is $18,750 (25% of $75,000) to $150,000 (200% of $75,000).
- Cost per 3 wrong hires is $56,250 (3 X $18,750) to $450,000 (3 X $150,000).
- Our average benchmark costs less than $10,000 PER benchmark.
- Each benchmark can save you $100,000s a YEAR
Factors We Choose From When We Identify The 15 Most Needed Factors To Be Successful on A Particular Job
Benchmarking Steps Facilitated by Abelson Staff (usually completed within 2 to 4 days)
- Identify those organizational members who are to be involved in benchmark creation
- Review and modify, with organizational staff, the job description
- Organizational members and Abelson staff identify key competencies needed to excel on that job
- Organizational members complete an assessment whose results are used to determine which 15 factors are most important to excel on that job description.
- Abelson staff analyze these results and make suggestions on any modifications on the 15 most important benchmark factors.
- The benchmark is finalized with conversations between Abelson staff and organizational members involved in the benchmarking process.
- Prospective job candidates take appropriate assessment.
- Job candidate characteristics identified by the assessment are compared to the benchmark.
- The organization uses benchmark data as part of the hiring process and hiring decision.