How many of your new employees are leaving after a mere 90 days? Probably too many. But if you think that’s detrimental, consider all of the employees who stay, only to drain the organization of its productivity and resources. These individuals are like the plague for businesses hoping to grow, let alone remain stable.
Yet, traditional HR metrics, like turnover, cost per hire, and time to hire, remain blissfully unaware of this dormant population, subsequently leading to a serious misinterpretation of a recruiter’s hiring success. As industrial engineer and manufacturing practices expert Shigeo Shingo noted, “The most dangerous kind of waste is the waste we do not recognize.”
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