Turnover continues to increase costs and reduce productivity. One way to reduce costs associated with replacing employees is to hire the right employee the first time around. To make this happen you need to know what you want in an applicant before you start recruiting. Here is how to hire an MVP:
� Research continues to identify the need for employers and employees to share common values. If the employee cannot buy-in to an organization?s corporate culture the first red flag should be raised.
� What a candidate is looking for in a job needs to match what is being offered. It is important to take some time in the interview addressing just this issue.
� Remember that most of the time managers hire candidates based on skills, education and experience and when they fire them it is for behavior. So, hiring a team player that possesses the appropriate behavioral traits for the job is imperative.
� It is a known fact that employee loyalty looks different than it did 20 years ago. Most employees will have over 27 jobs in their career compared to 4-7 in the baby boomer era. However, job-hoppers, those that stay on a job less than two years, are sure to increase turnover costs.
� Only hire individuals you trust. During the interview find out if the person will do the right thing when faced with a difficult situation. Ethics are still an important trait!
� Hire candidates who can do a great job now and have growth potential as well. Building the pipeline for future higher-level positions helps prepare organizations for the future.
