SARATOGA SPRINGS, N.Y. – April 10, 2013 – Chequed.com, Inc., the leading provider of cloud-based Predictive Talent Selection(TM) solutions, today announced that its chairman and chief executive officer, Greg Moran, will present “The Hidden Costs of a Bad Hire” at the 2013 Society for Human Resource Management (SHRM) Talent Management Conference & Exposition on Monday, April 15 at 10:45 a.m. The conference will be held at the Mandalay Bay Resort and Casino in Las Vegas from Monday, April 15 through Wednesday, April 17, 2013. During his session, Moran will share key insights about the extent to which inadequate candidate selection drains organizational productivity and strategies to alleviate such issues.
“The effects of making a bad hire extend far beyond individual departments or business units, leading to demoralization across the company, a diminished recruitment brand and a negative impact on business goals,” said Moran. “Consider all of the instances when a new hire starts out strong but their performance diminishes over time. Though the company would never rehire such individuals, they are not necessarily bad enough to be fired and continue to be detrimental to the organization.”
He continues, “To avoid these situations, organizations must get better at selection and truly understand which candidates are motivated to perform roles today and over time. To do this well, it is imperative that the right information is collected from internal stakeholders at the beginning and end of the hiring process.”
During his session, Moran will discuss the dramatically negative impact bad hires have on an organization. Attendees will learn the five pitfalls caused by a bad hire as well as proven strategies to avoid them. He will also show attendees how to determine if their talent acquisition processes are connected to hiring the wrong candidates, and what they can do to ensure they hire and retain the right talent. In addition, Moran will explain what a rehire rating is and how it can help improve the hiring process, reduce costs and improve organization productivity.
“The Hidden Costs of a Bad Hire” is part of the extensive SHRM Talent Management Conference session agenda, designed to give HR professionals, recruiters and business leaders the insight to drive their organization’s talent management initiatives forward. More information about the conference, including registration details, can be found at: http://www.shrm.org/conferences/talentmanagement/pages/default.aspx
Chequed.com delivers a comprehensive suite of cloud-based talent selection solutions engineered to predict a new hire’s future performance. Based in Saratoga Springs, NY, Chequed.com’s Predictive Talent SelectionTM Suite, which is delivered globally, includes: ChequedProfileTM, ChequedFitTM, ChequedInterviewTM, ChequedReferenceTM and ChequedAnalyticsTM. In partnership with the University at Albany, Chequed.com works with organizations to implement best practices in talent selection, which are scientifically proven to reduce cost per hire, increase quality of hire and improve organizational productivity. For more information, visit www.Chequed.com.
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