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By Apeksha Kaushik
Make sure you take the right hiring decisions by
following the checklist shared below.
Hiring decisions are the most painful part of an HR
professional's job and they are equally taxing for the
business, at large. A study published by the Society
for Human Resource Management found that a poor
hiring decision, which ended in termination, actually
costs the company concerned around 38 per cent of
an employee's salary. With so much at stake, how can
one ensure that right person is hired for the right job?
Ravi S Singh, founder, Insiders, shares a checklist
which can help avoid horror hires...
Talent mapping
The success of hiring lies in talent mapping; if you have the right people on your mapping list, your job is
almost done. The problem with most of the recruiters, even consultants, is that their search process ends as
they find a suitable candidate, to get a closure. An extensive talent mapping gives you a holistic preview of the
available talent and make sure that you are hiring the most suitable and best fit.
Strong pre-screening
A right hire is not determined by the number of people interviewed but by meeting the right people. Hence, a
strong and in-depth pre-screening of CV is highly recommended, so that you meet only the right people and
when you are making a final decision you know you are choosing among the best. In today's social media-
driven world, reviewing the online profile can be a very strong pre-screening criterion.
Non negotiable traits/behavior
The technical aspect and achievements (IQ) are almost defined in the CV and while interviewing, it's all about
cross checking them. But the major aspect which needs to be checked is behaviors, traits, and attitude; in
short the EQ aspect. Hence, define your NNT (Non Negotiable Traits) this will definitely assure the stability of
hire in your organisation.
Know your questions
Have a checklist of interview questionnaire. Also, it's not only about preparing the right question but knowing
them as well; i.e., what is the objective? What will it basically determine or how well can it give a prospective
of the candidate?
Background and reference check
Effective reference check is one of the most important steps in the hiring process. Make sure and verify that
all the credentials, experience and skills shared, are possessed by the candidate.
6 FEB, 2014, 02.28PM IST,
5 ways to ensure you hire the right talent
Timesjobs.com | Shares | settlement option | Ravi S Singh | Omni View Consultancy | NNT | Kevin
Tan | Insurability | Insiders
more »
Sensex@22,339, fresh closing high; Nifty seen at 6...
Expelled JD(U) MP Sabir Ali joins BJP
State-run banks rally after RBI extends Basel III ...
Re hits 59.68/$: More upside left, or has the curr...
Prasun Kumar Mukherjee quits Sesa Sterlite
Namo's 'AK-49' jibe
Why Modi attacked Arvind Kejriwal with
'AK-49' jibe
The sharp attack on Kejriwal on Wednesday is the
first indication that Narendra Modi now perceives
Arvind Kejriwal as a threat to his prospects.
Kejriwal on 'AK-49' jibe: Right to use foul
language?
Modi takes a dig at Kejriwal; calls AAP chief
'AK-49'
Indiatimes | The Times of India | The Economic Times | | Log In | Join | 2.3mMore
Search for News, Stock Quotes & NAV's
News
02 0
815k
5 ways to ensure you hire the right talent - The Economic Times http://economictimes.indiatimes.com/news/news-by-industry/jobs/5-ways...
1 of 3 3/28/2014 5:52 PM
Besides, there are number of behavioural and personality assessment tests available, today, to evaluate the
suitability and credibility of a candidate for the available job profile/position. "A little extra effort at the
preliminary stages of hiring process can help in culling the good from bad. It is best to give an in-depth testing
on the candidate's competencies rather than glide along on first impressions," advised Kevin Tan, principal
consultant, Omni View Consultancy.
(TimesJobs.com Bureau)
Download ET's mobile applications for iPad, iPhone, Android, BlackBerry, Nokia and Windows Phone to track news
as it happens, live stock quotes, monitor portfolio, get market stats like gainers, losers and movers & much more. To
check out free Economic Times apps , Click here
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equitymaster.com/Free-Book - Equitymaster Stock Market Yearbook 2014 Edition. Grab A
Free Copy Now!
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Do you like this story? Post a Comment
Follow this topic
Companies have now evolved from a model of ‘candidate
relationship management’ to a model of building a ‘talent
network’ from which to recruit.
PREVIOUS STORY
Companies to develop alumni
networks and rehire ex-staff:
Rajesh Jain, HR, Srei
Infrastructure Finance Ltd
“State training institutions should be empowered and
strengthened with adequate funds to build on
infrastructure and manpower,” the document pointed.
NEXT STORY
States asked to set aside 2.5%
of salary budgets for training
Readers' opinions (5) Post a Comment
Sort by: Newest | Oldest | Recommended (1) | Most Discussed | Agree | Logged in CommentsNew!
ravi kiran (hyderabad)
06 Feb, 2014 07:06 PM
care is taken during recruitment after that? lot of mismatch in deployment of talent
which leads to employee dissatisfaction finally affecting the performance
Agree (0)
Disagree (0)
Recommend (0)
Offensive
Jasbir Jassi (India)
06 Feb, 2014 06:13 PM
informative..
Agree (0)
Disagree (0)
Recommend (0)
Offensive
Kv Murthy (HCMC, S.R.VIETNAM)
06 Feb, 2014 05:20 PM
While this short write-up is welcome, let us understand talent is not available in
abundance. Therefore, when a person is acquired by following the tips given in the
write-up, further steps involving sharpening and utilising talent must be put in place.
Organisation culture and climate are also IMPORTANT.Certain HR strategies like
sabbaticals, work-life balance, and stress on stress manag ement should also be put
in place. Knowledge management banks must be established in organisations to
exploit tacit knowledge found in the talented person. KV MURTHY, Formerly at
GHSIMR, KANPUR
Agree (1)
Disagree (0)
Recommend (1)
Offensive
Devesh k (Delhi)
06 Feb, 2014 04:42 PM
Nice article.........
Agree (0)
Disagree (0)
Recommend (0)
Offensive
Chandan Singh (India)
06 Feb, 2014 04:04 PM
Nice article.
Agree (1)
Disagree (0)
Recommend (0)
Offensive
In This Section | Entire Website
1 Majority of employers in India facing skills ...
2 Indian companies generated 81,000 jobs in US ...
3 IIM Kozhikode final placements see 355 offers...
4 Hackathons offer crash course to women on a c...
5 JBIMS completes MMS course placements with to...
more »
Slide Shows 1 / 6 more »
News In Pics 1 / 3 more »
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Go solo for better health
insurance cover
New health insurance norms are likely
to bring in some benefits, but delay in
purchasing a policy may be risky
Debunking th
credit cards
We can use the
these myths ar
basics of the p
understood.
Massive mudslide in
Washington: Fresh Pics
Malaysian Jet: Technology
hindered, helped search
5 ways to ensure you hire the right talent - The Economic Times http://economictimes.indiatimes.com/news/news-by-industry/jobs/5-ways...
2 of 3 3/28/2014 5:52 PM

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Insiders 10th Media featuring in Economics Times

  • 1. News By Industry Home Markets IPO Personal Finance Mutual Funds Tech Jobs Opinion Features Blogs Slideshows Latest News News By Industry News By Company Economy Politics and Nation International Emerging Businesses NRI PSU Press Releases Other Press Releases Sports Auto Banking/Finance Cons. Products Energy Ind'l Goods/Svs Healthcare/Biotech Jobs Services Media/Entertainment ET Cetera Telecom Transportation Education You are here: ET Home › News › News By Industry › Jobs Read more on » Ads by Google Free Demat Account religareonline.com/Demat_Account - With Money Back Guarantee*. Trade Across Multiple Devices. By Apeksha Kaushik Make sure you take the right hiring decisions by following the checklist shared below. Hiring decisions are the most painful part of an HR professional's job and they are equally taxing for the business, at large. A study published by the Society for Human Resource Management found that a poor hiring decision, which ended in termination, actually costs the company concerned around 38 per cent of an employee's salary. With so much at stake, how can one ensure that right person is hired for the right job? Ravi S Singh, founder, Insiders, shares a checklist which can help avoid horror hires... Talent mapping The success of hiring lies in talent mapping; if you have the right people on your mapping list, your job is almost done. The problem with most of the recruiters, even consultants, is that their search process ends as they find a suitable candidate, to get a closure. An extensive talent mapping gives you a holistic preview of the available talent and make sure that you are hiring the most suitable and best fit. Strong pre-screening A right hire is not determined by the number of people interviewed but by meeting the right people. Hence, a strong and in-depth pre-screening of CV is highly recommended, so that you meet only the right people and when you are making a final decision you know you are choosing among the best. In today's social media- driven world, reviewing the online profile can be a very strong pre-screening criterion. Non negotiable traits/behavior The technical aspect and achievements (IQ) are almost defined in the CV and while interviewing, it's all about cross checking them. But the major aspect which needs to be checked is behaviors, traits, and attitude; in short the EQ aspect. Hence, define your NNT (Non Negotiable Traits) this will definitely assure the stability of hire in your organisation. Know your questions Have a checklist of interview questionnaire. Also, it's not only about preparing the right question but knowing them as well; i.e., what is the objective? What will it basically determine or how well can it give a prospective of the candidate? Background and reference check Effective reference check is one of the most important steps in the hiring process. Make sure and verify that all the credentials, experience and skills shared, are possessed by the candidate. 6 FEB, 2014, 02.28PM IST, 5 ways to ensure you hire the right talent Timesjobs.com | Shares | settlement option | Ravi S Singh | Omni View Consultancy | NNT | Kevin Tan | Insurability | Insiders more » Sensex@22,339, fresh closing high; Nifty seen at 6... Expelled JD(U) MP Sabir Ali joins BJP State-run banks rally after RBI extends Basel III ... Re hits 59.68/$: More upside left, or has the curr... Prasun Kumar Mukherjee quits Sesa Sterlite Namo's 'AK-49' jibe Why Modi attacked Arvind Kejriwal with 'AK-49' jibe The sharp attack on Kejriwal on Wednesday is the first indication that Narendra Modi now perceives Arvind Kejriwal as a threat to his prospects. Kejriwal on 'AK-49' jibe: Right to use foul language? Modi takes a dig at Kejriwal; calls AAP chief 'AK-49' Indiatimes | The Times of India | The Economic Times | | Log In | Join | 2.3mMore Search for News, Stock Quotes & NAV's News 02 0 815k 5 ways to ensure you hire the right talent - The Economic Times http://economictimes.indiatimes.com/news/news-by-industry/jobs/5-ways... 1 of 3 3/28/2014 5:52 PM
  • 2. Besides, there are number of behavioural and personality assessment tests available, today, to evaluate the suitability and credibility of a candidate for the available job profile/position. "A little extra effort at the preliminary stages of hiring process can help in culling the good from bad. It is best to give an in-depth testing on the candidate's competencies rather than glide along on first impressions," advised Kevin Tan, principal consultant, Omni View Consultancy. (TimesJobs.com Bureau) Download ET's mobile applications for iPad, iPhone, Android, BlackBerry, Nokia and Windows Phone to track news as it happens, live stock quotes, monitor portfolio, get market stats like gainers, losers and movers & much more. To check out free Economic Times apps , Click here Free Stocks Guide (2014) equitymaster.com/Free-Book - Equitymaster Stock Market Yearbook 2014 Edition. Grab A Free Copy Now! Ads by Google Do you like this story? Post a Comment Follow this topic Companies have now evolved from a model of ‘candidate relationship management’ to a model of building a ‘talent network’ from which to recruit. PREVIOUS STORY Companies to develop alumni networks and rehire ex-staff: Rajesh Jain, HR, Srei Infrastructure Finance Ltd “State training institutions should be empowered and strengthened with adequate funds to build on infrastructure and manpower,” the document pointed. NEXT STORY States asked to set aside 2.5% of salary budgets for training Readers' opinions (5) Post a Comment Sort by: Newest | Oldest | Recommended (1) | Most Discussed | Agree | Logged in CommentsNew! ravi kiran (hyderabad) 06 Feb, 2014 07:06 PM care is taken during recruitment after that? lot of mismatch in deployment of talent which leads to employee dissatisfaction finally affecting the performance Agree (0) Disagree (0) Recommend (0) Offensive Jasbir Jassi (India) 06 Feb, 2014 06:13 PM informative.. Agree (0) Disagree (0) Recommend (0) Offensive Kv Murthy (HCMC, S.R.VIETNAM) 06 Feb, 2014 05:20 PM While this short write-up is welcome, let us understand talent is not available in abundance. Therefore, when a person is acquired by following the tips given in the write-up, further steps involving sharpening and utilising talent must be put in place. Organisation culture and climate are also IMPORTANT.Certain HR strategies like sabbaticals, work-life balance, and stress on stress manag ement should also be put in place. Knowledge management banks must be established in organisations to exploit tacit knowledge found in the talented person. KV MURTHY, Formerly at GHSIMR, KANPUR Agree (1) Disagree (0) Recommend (1) Offensive Devesh k (Delhi) 06 Feb, 2014 04:42 PM Nice article......... Agree (0) Disagree (0) Recommend (0) Offensive Chandan Singh (India) 06 Feb, 2014 04:04 PM Nice article. Agree (1) Disagree (0) Recommend (0) Offensive In This Section | Entire Website 1 Majority of employers in India facing skills ... 2 Indian companies generated 81,000 jobs in US ... 3 IIM Kozhikode final placements see 355 offers... 4 Hackathons offer crash course to women on a c... 5 JBIMS completes MMS course placements with to... more » Slide Shows 1 / 6 more » News In Pics 1 / 3 more » ET Mobile Get Economic Times on the go. Get your portfolio updates by the minute Mumbai | Delhi | Bangalore | Kolkata ET ePaper Get a replica of your favourite edition of ET and feel at home. 2 people recommend this. Sign Up to see what your friends recommend. Go solo for better health insurance cover New health insurance norms are likely to bring in some benefits, but delay in purchasing a policy may be risky Debunking th credit cards We can use the these myths ar basics of the p understood. Massive mudslide in Washington: Fresh Pics Malaysian Jet: Technology hindered, helped search 5 ways to ensure you hire the right talent - The Economic Times http://economictimes.indiatimes.com/news/news-by-industry/jobs/5-ways... 2 of 3 3/28/2014 5:52 PM