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I didn't even read the story after this gem: "In 2012, for example, consulting firm Leadership IQ announced it had tracked 20,000 new hires over time and discov
by auggierose 12y ago
I didn't even read the story after this gem:
"In 2012, for example, consulting firm Leadership IQ announced it had tracked 20,000 new hires over time and discovered that 46% of them had failed within 18 months. In other words, most recruiting practices are about as effective as a coin toss."
Now, what's wrong with this reasoning? :-)
- brohee 12y agoYeah they fail to understand that should the recruitment be a coin toss, 80% would fail. This is because the good candidates resume are hidden in a forest of bad resume, from people submitting resume for jobs they are obviously unqualified for. Pretty well explained in http://www.joelonsoftware.com/articles/FindingGreatDevelopers.html http://www.joelonsoftware.com/articles/FindingGreatDeveloper...
- jia_min 12y agoYou might be interested in this utility app that calculates the probability of a successful hire created by an I/O Psychologist: https://morgan.shinyapps.io/utility_calculator/ https://morgan.shinyapps.io/utility_calculator/ It takes the base rate of successful performance into account.