Our company has experienced ten recessions and expansions in employment since 1952. In many ways, they’re alike in the sense that the economy is more difficult and hiring slows only to be followed by an expansion. We all know objectively that these expansions and contractions are always going to happen. None of us know when. The mistake most of us make is to “read our own press clippings” and think that we’re smart enough and wise enough to outsmart and outrun a downturn in the economy. If we survived two or three recessions we realize that, as one of our ex-presidents successfully campaigned, “It’s the economy, stupid.” A good economy masks many sins.
Here are some myths about hiring that many hiring authorities use as criteria for hiring. The most successful hiring authorities realize that these are myths:
“We’re really good at hiring.” Numerous studies show that the typical employment interviewing process is only 57% effective in predicting subsequent employees’ success. That’s only 7% better than flipping a coin.
“We’re so busy; we just don’t have time to screen candidates. Someone else needs to screen the best candidates.” And of course, everyone doing the screening knows exactly what “best” is, even if the HR person doing the screening has only been on the job three weeks or it’s somebody’s admin trying to “take a load off the boss.”
“We never make a mistake hiring.” You’re either a liar or you’ve never hired anyone.
“Don’t send us anybody resembling the last person who didn’t work out. We want to avoid anyone who is too short, too fat, too old, a woman, a man, had a degree, didn’t have a degree, had too much experience, didn’t have enough experience, (or whatever the reason why we think that person didn’t make it.) It couldn’t be that we just made a mistake and so did they.
“We have a proven system for hiring. I’m just not sure what it is this week.” These “systems” seem to change with every management change.
“The more money we pay, the better candidate we can hire.” We do get what we pay for. However, it takes more than just money to attract a good candidate.
“Hiring good people is one of our highest priorities. That’s why it’s taken six or seven weeks to get through the process.” Do the paychecks show up this way too? What quality candidate is going to wait for this? Your actions are speaking so loudly that the candidate can’t hear your words.
“We need young people because they’re highly energetic.” People who have energy have energy. It has nothing to do with their age.
“We need someone with ten to fifteen years of experience.” The question should be about the quality of the experience. Some people have one year of experience ten times and it doesn’t mean their ten years of experience is better.
“MBAs are better.” American society has deemed that more education makes a person better. It simply isn’t so.
“Why would someone with an MBA, a Ph.D., and a graduate degree want this job? A person with that much education is overqualified.” Unless it’s a scientific or academic position, (and even then, the degree level has nothing to do with capabilities), it’s hard to prove any degree causes someone to be underqualified or overqualified for any position. Let the candidate decide.
“We have to have a degree.” Ditto to the above. There are some professions, such as accounting, engineering, and scientific research, where a degree indicates an inclination toward and proficiency in a particular profession. Companies often require a degree to avoid having to interview more candidates than they wish and to let someone else, i.e. the school, “certify” the candidate. There are an amazing number of apprenticeships that companies can develop that can do the same thing.
“No online degrees. Only degrees from top-tier schools, and no foreign universities.” Within a few years, every university in America will offer online degrees. Some studies show that online students are more diligent and hard-working than classroom students. The question should be: “What did you learn?” A degree from a foreign university like Oxford might also be ok!
“People with high GPAs are smart.” Maybe book smart, but that doesn’t always translate into common sense and diligence.
Next Week: the other fifteen…