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Mindful Hiring for Sustained Growth & Creating a People-Centric Culture Through Talent Development and Retention
Mindful Hiring for Sustained Growth & Creating a People-Centric Culture Through Talent Development and Retention
In this episode of the AFFINITY Podcast, Grant explores the concept of mindful hiring and its role in creating a people-centric culture, leading to sustained growth and success in your organization. Grant discusses the importance of aligning your hiring strategy with company values, implementing a structured and transparent process, and fostering an environment that prioritizes talent development and retention.
Join Grant as he dives into compelling statistics that highlight the impact of mindful hiring practices on company culture and success, and learn how to create an inclusive and engaging onboarding experience for new hires. Grant also discusses the principles of mindful leadership and emotional intelligence, and how effective communication and feedback play a crucial role in building a people-centric culture.
Finally, Grant touches upon strategies for team member development and fostering a growth mindset, as well as defining and tracking key performance indicators to measure success and drive continuous improvement. By the end of this episode, you'll be equipped with the necessary tools and understanding to build a people-centric culture through mindful hiring practices and leadership, ultimately leading to a more successful and sustainable organization.
Don't miss this insightful conversation!
COMPELLING STATISTICS:
1. A poor hiring decision can cost a company as much as 30% of the employee's first-year earnings. (Source: U.S. Department of Labor - https://www.dol.gov/agencies/whd/)
2. 88% of employers believe that an informed candidate is more likely to succeed in a role, emphasizing the importance of a clear and engaging hiring process. (Source: Glassdoor, 2017 - https://www.glassdoor.com/employers/blog/why-informed-candidates-are-2x-more-likely-to-be-hired/)
3. Companies that prioritize employee experience report 4.2x higher revenue per employee and are 24% more likely to have a strong employer brand. (Source: Harvard Business Review, 2017 - https://hbr.org/2017/03/why-the-millions-we-spend-on-employee-engagement-buy-us-so-little)
4. The average time-to-fill for job vacancies across all industries is 42 days. (Source: SHRM, 2016 - https://www.shrm.org/resourcesandtools/business-solutions/Documents/Talent-Acquisition-Report-All-Industries-All-FTEs.pdf)
5. Organizations that use a structured interview process are twice as likely to make a successful hire. (Source: Harvard Business Review, 2016 - https://hbr.org/2016/04/how-to-take-the-bias-out-of-interviews)
6. Diverse companies are 35% more likely to outperform their less diverse counterparts in terms of financial performance. (Source: McKinsey, 2015 - https://www.mckinsey.com/business-functions/organization/our-insights/why-diversity-matters)
7. 72% of candidates who have a negative hiring experience are likely to share their experience with others, potentially damaging a company's employer brand. (Source: CareerBuilder, 2017 - https://www.prnewswire.com/news-releases/careerbuilder-survey-reveals-how-much-employers-calculate-they-spend-on-a-bad-hire-and-how-much-time-employees-spend-on-a-job-that-was-not-the-right-fit-300564986.html)
8. Companies with a strong employer brand experience a 50% reduction in cost-per-hire and a 28% decrease in employee turnover. (Source: LinkedIn, 2017 - https://business.linkedin.com/talent-solutions/blog/2017/05/how-a-strong-employer-brand-saves-you-money)
AFFINITY Podcast: https://grantiangamble.com/affinity-podcast/
"The AFFINITY Principle": https://grantiangamble.com/the-affinity-principle/
AFFINITY OS: https://affinityos.com.au/
View all episodes
By Grant GambleMindful Hiring for Sustained Growth & Creating a People-Centric Culture Through Talent Development and Retention
In this episode of the AFFINITY Podcast, Grant explores the concept of mindful hiring and its role in creating a people-centric culture, leading to sustained growth and success in your organization. Grant discusses the importance of aligning your hiring strategy with company values, implementing a structured and transparent process, and fostering an environment that prioritizes talent development and retention.
Join Grant as he dives into compelling statistics that highlight the impact of mindful hiring practices on company culture and success, and learn how to create an inclusive and engaging onboarding experience for new hires. Grant also discusses the principles of mindful leadership and emotional intelligence, and how effective communication and feedback play a crucial role in building a people-centric culture.
Finally, Grant touches upon strategies for team member development and fostering a growth mindset, as well as defining and tracking key performance indicators to measure success and drive continuous improvement. By the end of this episode, you'll be equipped with the necessary tools and understanding to build a people-centric culture through mindful hiring practices and leadership, ultimately leading to a more successful and sustainable organization.
Don't miss this insightful conversation!
COMPELLING STATISTICS:
1. A poor hiring decision can cost a company as much as 30% of the employee's first-year earnings. (Source: U.S. Department of Labor - https://www.dol.gov/agencies/whd/)
2. 88% of employers believe that an informed candidate is more likely to succeed in a role, emphasizing the importance of a clear and engaging hiring process. (Source: Glassdoor, 2017 - https://www.glassdoor.com/employers/blog/why-informed-candidates-are-2x-more-likely-to-be-hired/)
3. Companies that prioritize employee experience report 4.2x higher revenue per employee and are 24% more likely to have a strong employer brand. (Source: Harvard Business Review, 2017 - https://hbr.org/2017/03/why-the-millions-we-spend-on-employee-engagement-buy-us-so-little)
4. The average time-to-fill for job vacancies across all industries is 42 days. (Source: SHRM, 2016 - https://www.shrm.org/resourcesandtools/business-solutions/Documents/Talent-Acquisition-Report-All-Industries-All-FTEs.pdf)
5. Organizations that use a structured interview process are twice as likely to make a successful hire. (Source: Harvard Business Review, 2016 - https://hbr.org/2016/04/how-to-take-the-bias-out-of-interviews)
6. Diverse companies are 35% more likely to outperform their less diverse counterparts in terms of financial performance. (Source: McKinsey, 2015 - https://www.mckinsey.com/business-functions/organization/our-insights/why-diversity-matters)
7. 72% of candidates who have a negative hiring experience are likely to share their experience with others, potentially damaging a company's employer brand. (Source: CareerBuilder, 2017 - https://www.prnewswire.com/news-releases/careerbuilder-survey-reveals-how-much-employers-calculate-they-spend-on-a-bad-hire-and-how-much-time-employees-spend-on-a-job-that-was-not-the-right-fit-300564986.html)
8. Companies with a strong employer brand experience a 50% reduction in cost-per-hire and a 28% decrease in employee turnover. (Source: LinkedIn, 2017 - https://business.linkedin.com/talent-solutions/blog/2017/05/how-a-strong-employer-brand-saves-you-money)
AFFINITY Podcast: https://grantiangamble.com/affinity-podcast/
"The AFFINITY Principle": https://grantiangamble.com/the-affinity-principle/
AFFINITY OS: https://affinityos.com.au/