Apac
  • Home
  • CXO Insights
  • CIO Views
  • News
  • Conferences
  • Newsletter
  • Whitepapers
  • About us
Apac
  • Admired Tech

    Agile

    AI Healthcare

    Artificial Intelligence

    Augmented Reality

    Aviation

    Big Data

    Blockchain

    Cloud

    Cryptocurrency

    Cyber Security

    DevOps

    Digital Transformation

    Drone

    HPC

    Infrared

    Internet of Things

    IT Services

    Marine Tech

    Networking

    PropTech

    Remote Work

    Robotics

    Scheduling Software

    Sensor Tech

    Simulation

    Smart City

    Software Testing

    Startup

    Storage

    Unified Communication

    Web Development

    Wireless

  • Automotive

    Banking

    Capital Market

    Construction

    E-Commerce

    Education

    FinTech

    Food and Beverages

    Gov and Public

    Healthcare

    Insurance

    Legal

    Logistics

    Manufacturing

    Media and Entertainment

    Metals and Mining

    Pharma and Life Science

    Retail

    Sports

    Travel and Hospitality

  • CISCO

    Google

    IBM

    Microsoft

    Oracle

    Salesforce

    SAP

    ServiceNow

  • Business Intelligence

    CEM

    Cloud-based Planning

    Cognitive

    Collaboration

    Compliance

    Contact Center

    Contact Tracing

    Contactless Payments

    Corporate Finance

    CRM

    Custom Software Development

    Data Center

    Digital Signage

    Enterprise Architecture

    Enterprise Asset Management

    Enterprise Communications

    Enterprise Contract Management

    Enterprise Performance Management

    ERP

    Facility Management

    Field Service

    Fleet Management

    Gamification

    HR Technology

    IT Infrastructure

    IT Service Management

    Managed Services

    PLM

    Procurement

    Product Management

    Project Management

    RegTech

    Revenue Management

    Sales Tech

Menu
    • CISCO
    • Collaboration
    • Compliance
    • Contact Center
    • Healthcare
    • IT Service Management
    • Microsoft
    • Retail
    • MORE
    #

    Apac CIO Outlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIO Outlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    • News
    • HR Technology
    Editor's Pick (1 - 4 of 8)
    left
    ICE: The New Future

    V S Parthasarathy, Group CFO, Group CIO, President (Group Finance & M&A), Mahindra

    Leveraging Technology to Create Better Spaces

    Terry Lenhardt, VP & CIO, Steelcase

    Sustained Communication in the Face of Consistent Change

    Rod Sagarsee, CIO, Brinks Gilson & Lione

    Doing Things in a Whole New Way

    Shane Miller, CIO, HSHS Division-Eastern Wisconsin

    From HR to TM-HKBN's Journey to Drive Talent Managementvia HRTech

    CY Chan, Co-Owner & Chief Talent and Purpose Officer, HKBN

    Know Your Employees

    James Bryce, Global Head of Workforce Planning & Talent Acquisition, Kantar

    Driving Change through Online Learning

    Kemala Hayati, VP –Head of People Development & Culture Engagement, Indosat Ooredoo [IDX: ISAT]

    What can we do to face the challenges of the New Normal? What is the new normal?

    Teddy Liu, General Manager for Group Audit & Management Services, New World Development Company Limited [HKG: 0017]

    right

    Improving the Hiring Practices for Higher ROI

    By Apac CIO Outlook | Friday, August 09, 2019
    Tweet

    Companies that can improve the hiring quality are three times more likely to better their first-year performance than the companies who don't.

    FREMONT, CA:  A company is as good as its employees. It’s essential for a business that their employees work in alignment with the goals and values of the organization. Thus it’s crucial that the hiring practices are suitable to hire such recruits. But what if they are missing the mark when it comes to recruiting such talents who will uplift the company’s endeavors? And what if they are hiring people who are working against the organization’s values and goals? Unfortunately, most of the organizations have to deal with unsuitable recruits.

    Lack of an Effective System

    It's not that the hiring teams, in general, are not trying. It's just that they lack a proper system that will streamline the quality assessment of the applicants based on multiple factors relevant to the openings. Over 60 percent of the companies consider hiring quality as the top challenge that they are facing, yet only 26 percent of the firms have a formal methodology of determining the quality of hire. One-third of them say that they would like to track the hiring quality but are not sure where to begin.

    Check out: Top 10 HRTech Companies in APAC 

    It is a great challenge as the quality assessment programs must be tailor-built to suit an organization's structure and values, but the effort pays off in the long run. Companies that can improve the hiring quality are three times more likely to better their first-year performance than the companies who don't.

    Challenges Ahead

    However, some more problems stand on the way of quality recruitment. One such concern is the disputable relationship between talent acquisition and hiring managers. Clear communication and agreement over the course of action is an essential first step toward righteous talent recruitment.

     According to a study, 54 percent of companies report a better tracking quality of hire when there’s an understanding between hiring managers and talent acquisition.

    Getting an Edge

    An average company's market value depends on the share of intellectual properties, like brands, technologies, or patents owned by it. Thus it is imperative to focus on the quality of hire that is going to influence the intellectual capital. The difference between an average and a good hire for such a role can have a dramatic impact on the business.

     

    Weekly Brief

    loading
    Top 10 DevOps Solution Companies - 2019
    Top 10 DevOps Consulting/Services Companies -2019
    ON THE DECK

    DevOps 2019

    Top Vendors

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Read Also

    Five AI Technologies to Help Boost Business

    Five AI Technologies to Help Boost Business

    Popular E-Commerce Growth Trends in 2021

    Popular E-Commerce Growth Trends in 2021

    Four Reasons to Implement Cloud Managed Services

    Four Reasons to Implement Cloud Managed Services

    Leveraging CRM to Transform Leads Into Customers

    Leveraging CRM to Transform Leads Into Customers

    Major IoT Software Implementation Challenges

    Major IoT Software Implementation Challenges

    Key Advantages of Using Smart Home Technologies

    Key Advantages of Using Smart Home Technologies

    Loading...

    Copyright © 2021 APAC CIOoutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy  |  Sitemap |  Subscribe

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/improving-the-hiring-practices-for-higher-roi-nwid-6564.html