The number one reason employees fail after hire is lack of organizational fit. Unfortunately, despite years of research and attempts to hire quality talent that fits within each organization, few companies have overcome this obstacle. With conservative estimates placing the cost of each new hire at one-and-a-half times the yearly salary and benefits for that position, the cost of employee turnover is too great to leave to chance.
Technological advances fell short of achieving better results than traditional hiring methods until recently. New X-Factor methodology finds employees tailored to the needs and culture of your company for a better fit. We take a closer look at the details of this new program and how it could benefit your company.
How do we predict success?
Traditional hiring methods place high value on job experience and education. Unfortunately, these are two of the lowest indicators of success. There’s very little correlation between employee success and these factors. The typical references and unstructured interviews aren’t much better at predicting whether an employee is the right fit for a company.
So what indicators actually predict success? X-Factor methodology looks at the factors with the highest correlation to employee success. Work samples and cognitive ability tests predict employee success with more than twice the accuracy of experience and education. Structured interviews are consistent across candidates, making it easier to compare candidates based on their responses.
A personalized approach
What really sets X-Factor technology apart is its ability to match employees to your company culture. Meet with expert representatives to talk about the culture of your company and your expectations for the position. They’ll even suggest additional screening tools to help narrow candidates.
So forget about scanning resumes. Let X-Factor do the work and give you the right candidates for your position. You’ll still make the final decision from a select group of excellent candidates. To learn more about this technology, please contact us.