Gallup: How to Reduce Bias and Hire the Best Candidate
A Gallup publication. Find the original here.
According to Gallup, companies fail to choose the candidate with the right talent for management positions 82% of the time. That means organizations hire the best managers fewer than two out of 10 times.
Business experience and the data agree: Picking the right person for a job is far more difficult than people realize.
The solution is to use a selection process that is fair and objective and that identifies true job-related talent — not just good interviewing skills.
Using talent-based assessments for hiring not only helps minimize hiring bias, it also improves business performance:
1. Talented employees outperform others by a wide margin. Gallup has found that when organizations systematically select high-talent managers and individual contributors, they can see up to 33% higher revenue per employee.
2. When people do what they are good at, they find work enjoyable, engaging and rewarding — which leads to even higher productivity.
3. Hiring the best people for the job can improve nearly every measure of business health. When companies select the top 20% of candidates based on a scientific assessment, they realize 41% less absenteeism, 70% fewer safety incidents, 59% less turnover, 10% higher customer metrics, 17% higher productivity and 21% higher profitability.
But more importantly, scientifically valid hiring assessments remove subjective bias by narrowing your candidate pool to those who are objectively qualified for the role.
Learn how SkillSmart is helping companies across the US remove bias and hire strictly on skills matching.
