Do we need a more effective way to interview candidates?
Here are 2 interesting statistics:
- Recent research has found that nearly three in four employers (74 percent) say they’ve hired the wrong person for a position.
- According to Career Builder, a single bad hire can cost a company upwards of $50,000.
I rest my case.
How to make your job interview more effective?
Here are 3 easy ways to make your job interview more effective at predicting job performance:
1. Conduct a structured interview
Structured job interviews are more efficient than semi-structured or structured interviews when it comes to predicting job performance. Meta-analysis research shows that structured interviews are up to twice as effective at predicting job performance than unstructured ones!
Take action now: Prepare interview questions before the interview and ask each of your candidates the same questions in the same order.
2. Conduct a behavioral interview
Research shows that behavioral interviews are more valid and accurate for making hiring decisions.Behavioral interviews are based on the evaluation of candidates’ past behaviors. In other words, in a behavioral interview, an interviewer asks candidates about their past work experience and performance.
3. Do a job simulation
According to LinkedIn’s report, only 32% of respondents use this technique, even though 84% say it is effective. In a job simulation, you ask your candidates to complete the type of tasks they would work on if hired.
Take action now: Think of a great job simulation exercise for your currently open job position. Depending on the role you are looking to fill, it could be a task to write a short copy, outline a presentation, solve a certain problem, brainstorm a few ideas, solve a certain problem, etc.
Stop relying on your gut feeling when hiring and start using data backed techniques. Implementing any of these 3 tips are guaranteed to make your job interview more predictive of your candidates’ job performance.