Release Poor Performing New-Hires Fast, Using A No-Fault Divorce Approach

Today’s sparse talent pool increases your chances of a hiring mistake. But a no-fault divorce approach allows you to release mis-hires quickly. And despite the lack of available talent to choose from, the pressure from hiring managers to “get me, anybody, I need butts in chairs” is immense. So, it’s not surprising that hiring mistakes are increasingly common. And, with the average hiring error rate at 46%, it’s simply too expensive to let a large number of mis-hires stay on the job for a prolonged period of time because of the damage they do. Unfortunately. because the standard performance management process is so painfully slow and ineffective, it’s a leap of faith to expect it to weed out poor performing new hires.

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