WHAT ’ S THE SECRET RECIPE FOR HIRING AND RETAINING EMPLOYEES ?
How the Predictive Index ® Can be a Resource for Employers in Both of These Areas
If it seems like it ’ s getting harder and harder to fill open positions at your company , that ’ s because it is . This is the first time in 10 years that the number of national job openings has exceed the number of employees available to fill the roles .
It ’ s no wonder then that business leaders and human resources professionals are actively searching for the secret recipe that will not only help them hire the right person for their open position but will help them retain top talent .
While I don ’ t have the secret recipe , I know of a great place to start .
Human behavior is inherently unpredictable . Fortunately , we have the Predictive Index ( PI ®). It ’ s is a tool that you can use on current and potential employees to help you understand and predict behavior , measure cognitive ability and guide your employees to greatness . While it ’ s not a guarantee , it can be a really good predictor of a job candidate ’ s success in a specific role . Here ’ s how it works .
The PI measures :
• Leadership - The type of personal ambition and work ethic the individual may have .
• Communication - The individual ’ s style and ability to interact with others in the workplace .
• Patience - The ways an individual will react in a certain environment or culture .
• Decision-Making - An individual ’ s ability and willingness to conform to rules and structure .
When used properly , the PI tool can also help you with :
• Strategic hiring and attraction of employees to fit the roles within your organization .
• Employee coaching and development .
• Conflict resolution among teams : Why don ’ t our teams work well together ? What can we change ?
• Team-building .
In addition to identifying whether an individual is likely to be a good fit , the PI provides information to help throughout the employee ’ s life cycle from hiring , upward mobility or the ultimate goal of retirement .
All of the items above can improve your employee retention , effectively reduce your turnover costs and lessen the need for additional training . Employees who receive feedback , coaching and developmental opportunities are more likely to stay at your company .
Tools That Get Results
Rea ’ s human resources consulting practice is able to discuss and provide PI services to your organization . Rea & Associates currently has clients who are utilizing the PI for recruitment and hiring , and we are happy to discuss a customized plan to meet your needs . If you are interested in learning more about how this tool can help your business , please call me at 330.308.6818 . Remember , having the PI as your main ingredient when recruiting is key !
• Succession planning .
• Performance management and coaching resources .
Onward & Upward
The base of the recipe is to hire the candidate who fits the job . Then , you ’ ll need to determine what you should add to retain that employee for succession while investing in their continued development . by : Renee West , SHRM-SCP Human Resources Manager
Predictive Index Certified Practitioner 122 Fourth St . NW , P . O . Box 1020
New Philadelphia , OH 44663 330.308.6818 renee . west @ reacpa . com