Businesses have never done as much hiring as they do today. They’ve never spent as much money doing it. And they’ve never done a worse job of it. Here’s how to be better at hiring.
Hiring talent is the number one concern of CEOs. Employers spend a fortune on hiring – an average of $4,129 per job in the US, and many times that for managerial roles. Yet not much is known about the effectiveness of the hiring process.
Writing for Harvard Business Review, Peter Cappelli asks: why do employers spend so much on something so important while knowing so little about whether it works?