Unlocking a New Super Power: Predicting Quality of Hire

Welcome to Week 4 of our Hiring Intelligence Fast-Track Blog Series

Once you are able to connect hiring decisions to job performance, you unlock a new super power: the ability to predict Quality of Hire. 

Quality of Hire is universally held to be the holy grail of recruiting. That’s why you’ll see it on the right side of the Hiring Intelligence Maturity Curve.

However, our research shows a lot of smart leaders and organizations are getting it wrong. 

The data scientists at Crosschq Data Labs analyzed 24+ million hiring decisions to show you the power of Quality of Hire. They unearthed 5 new and shocking insights to help you hire “A” Players every time.  

Quality of Hire:
The value that a new employee contributes to the overall success of your company in the long term. 

5 surprising insights the Crosschq Data Labs team extracted from the data:

1. Most interviewers are not very good at identifying top talent. 
2. Many pre-hire assessments are unreliable for predicting Quality of Hire.
3. “Last-in, Last-out” can lead to disastrous downsizing decisions. 
4. Internal referrals are not the best source of hires.
5. Companies good at Quality of Hire, are really good. Companies bad at Quality of Hire, are really bad. 

See the full report, with all the insights here in The Q Report: What You Need To Know. 

In our next blog post in this Talent Intelligence Fast-Track Series, we offer some tips and tricks for getting that deserved seat at the table, and becoming a valued partner in the business.

Additional Quality of Hire Resources:
• The Dangers of Downsizing Without Considering Quality of Hire
• 3 Things You Didn't Know about Quality of Hire
• Why Predictive Analytics in Recruitment are the Key to Quality to Hire

Hiring Intelligence Fast-Track Series: Everything You Need to Up-Level Your Hiring

1. Do you have the right data to win the hiring battle?
2. The Hiring Intelligence Maturity Model – Where do you sit?
3.  How-to Guide for Better Talent Analytics
4.  Unlocking a New Super Power: Predicting Quality of Hire (This Article)
5.  Empowering You: Getting a Seat at the Table
6.  From Operational to Transformational in 4 Easy Steps