The Human Capital investment begins with the hiring process and decision. Invest in the right people for the right reasons, and your Bottom Line will realize extraordinary growth! Make the wrong decision, and turnover can not only erode profits, but also demoralize and destroy the confidence of remaining staff. Cost-of-turnover statistics vary from industry to industry and run the gamut from conservative (Watson Wyatt estimates 48% to 61% of salary) to aggressive (the diversity consulting firm Hubbard & Hubbard estimates replacement costs average one-and-a-half times an employee's salary). Informed hiring decisions grow the Bottom Line!
QuantumAction Supports Informed Human Capital
• Tri-Metrix® Job Benchmarking
Would you invest in building or equipment without first determining what it would be used for, what its specifications and productivity need to be, and what return on investment it should generate? Of course not! Imagine applying the same analytical approach to making your Human Capital investment. With the Job-Benchmarking process, QuantumAction provides a solution that dramatically increases your ability to grow your Bottom Line by hiring the right people for the right job! Collaborating with you and using validated assessments, we examine the job from 3 different perspectives:
We then craft a comprehensive definition of what the job requires for success, and then measure candidates against that definition. For a complete description of the Tri-Metrix Job Benchmarking process, click here.
• Pre-employment Assessments
When you are confident that you have already validated the attributes of the right person for the job, pre-employment assessments can provide insight into what your candidates offer. QuantumAction will not only administer the assessments, but also provide interpretation of results to those making the hiring decisions. Areas assessed for pre-employment may include:
It is recommended that assessments be used for up to 1/3 of the hiring decision, with interviewing and consideration of experience and skills comprising the remaining 2/3.
• Complete Recruiting and Hiring Service
As a Value-Added Distributor for Target Training International, LTD, QuantumAction Coaching & Consulting is pleased to offer Solutions 4 Hiring®. Based on your specific circumstances and needs, 3 levels of service are available to assist you taking action to find and hire exactly the right Human Capital solution.