Expand Recruiting for Better Hiring

Attract and retain the most talented employees with employee recruitment and staffing strategies.This article will provide you with information that will save your organization time and resources in your hiring process.Whether you're an executive, a manager or a team leader, the following information will be beneficial to you.

While it's possible my Grandpa's memory is playing tricks on him, employers are confirming that some of the things Grandpa says about "the way things were" are true - and important.For example, Grandpa said that a long time ago people just expected to show up for work, on time, every day.But today?

Eric Durr, writing in the Albany (N.Y.) Business Review, says, "Finding people who show up on time for work is a problem that has been getting worse for New York's manufacturers." He quotes a Federal Reserve Bank survey of employers, indicating nearly one-fourth of those responding described their top concern as "finding workers who were punctual and reliable."

A manufacturer of complex machinery, when discussing this issue, indicated their cost accounting process had identified another hidden cost of absenteeism and its little brother, tardiness: When the person who was supposed to be performing a specific task was gone and replaced by someone else, the average cost of the process itself increased by an average of 23 percent.

That's not too surprising.They also found the cost of warranty claims attributable to the process increased by about the same amount, 25 percent.(Not surprising either.)

The revelation, though, came when their figures showed the process cost and the warranty cost of the nearest upstream process on the line and the nearest downstream process both increased by about half that number, 11 percent - and the next stage upstream and downstream also increased, by about 7 percent!

This "ripple effect" in a production environment means for every minute a worker is not doing the job assigned to him or her, for whatever reason, the cost of the production process in their care increases by a net amount approaching 100 percent!

Not many manufacturers in our competitive world can graciously accept a 100 percent increase in costs of production processes, so it is not surprising that the problem of absenteeism/tardiness looms large in manufacturers' concerns.If the perceived value of "showing up on time" leads the work values declining over the past two generations, "working hard" must be close behind.

In our own surveys of employers attending our seminars on hiring and retention, leading concerns have been "finding enough good people who will show up when scheduled and work hard when they are at work."

In addition to the production costs discussed earlier, lack of reliability and work ethic dramatically increases hiring costs when those factors are not measured in the hiring process.

In Durr's article, he quotes a manufacturer of furniture: "When we go to new hires, we may hire five people to get one good person." Presumably, the other four go through hiring, training, failing to live up to expectations, termination and possibly unemployment...a very costly process indeed, to get "one good worker."

Now obviously, not every worker who has entered the job market in the last 10 years suffers from lack of these values, or we would not be finding even that one in five.

To find enough good workers, an employer's task is difficult but not impossible, and the payoffs are substantial: Expand your recruitment pool, so you have enough applicants to be selective: Use a valid and reliable assessment to predict reliability and work ethic; avoid hiring those who are unlikely to work out on those dimensions; and work to keep those good people you do hire.

About the Author

Jim Sirbasku is co-founder and CEO of Profiles International, a leading provider of human resource management solutions and employment assessments for businesses worldwide.

Learn more about how assessments can help your organization expand recruiting for better hiring - visit our website.

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Which Affiliate Networks To Look Out For When Promoting

There are many horror stories about affiliate programs and networks. People have heard them over and over again, that some are even wary of joining one. The stories they may have heard are those related to illegal programs or pyramid schemes. Basically, this kind of market does not have real, worthy product.

You do not want to be associated with these schemes. It is obvious you want to be with a program that offers high quality product that you will readily endorse. The growing number of those who have joined already and are succeeding immensely is proof enough that there are reliable and quality affiliate programs out there.

Why participate in an affiliate program

It allows you to work part-time. It gives you the opportunity to build a generous residual income. And it makes you an owner of a small business. Affiliate programs have already created lots of millionaires. They are the living testimony of how hard work; continuous prospecting, motivating and training others pay off.

If ever you are deciding to join one, you must take note that you are getting into something that is patterned to what you are capable of. This will be an assurance that you are capable of doing anything to come out successful.

How do you choose a good affiliate program to promote Here are some tips you may want to look over before choosing one:

1. A program that you like and have interest in. One of the best ways of knowing if that is the kind of program you wish to promote is if you are interested in purchasing the product yourself. If that is the case, chances are, there are many others who are also interested in the same program and products.

2. Look for a program that is of high quality. For instance, look for one that is associated with many experts in that particular industry. This way, you are assured that of the standard of the program you will be joining into.

3. Join in the ones that offer real and viable products. How do you know this Do some initial research. If possible, track down some of the members and customers to give you testimonial on the credibility of the program.

4. The program that is catering to a growing target market. This will ensure you that there will be more and continuous demands for your referrals. Make inquiries. There are forums and discussions you can participate in to get good and reliable feedbacks.

5. A program with a compensation plan that pays out a residual income and a payout of 30 or more would be a great choice. There are some programs offering this kind of compensation. Look closely for one. Do not waste your time with programs that do not reward substantially for your efforts.

6. Be aware of the minimum quotas that you must fulfill or sales target that is too hard to achieve. Some affiliate programs imposes pre-requisites before you get your commissions. Just be sure that you are capable of attaining their requirements.

7. Select one that has plenty of tools and resources that can help you grow the business in the shortest possible time. Not all affiliate programs have these capacities. Make use you decide on one with lots of helpful tools you can use.

8. Check out if the program has a proven system that can allow you to check your networks and compensation. Also check if they have it available online for you to check anytime and anywhere.

9. The program that is offering strong incentives for members to renew their membership each time. The affiliate program that provides continuous help and upgrades for its products have the tendency to retain its members. These things can assure the growth of your networks.

10. Be aware of the things that members are not happy about in a program. Like with the ones mentioned above, you can do your checking at discussion forums. If you know someone in that same program, there is ho harm asking if there are many downsides involved.

Have a thorough and intensive knowledge about the affiliate program and network you will be promoting on.

Knowing the kind of program you are getting yourself into will make you anticipate and prevent any future problems you may encounter.
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Simple Strategies For The Novice Investor

Ideally, investors try to buy a stock when the price has reached a support level a level at which the price is as low as it will go and sell the stock when it hits a resistance level a level at which the price is as high as it will go. This is easier said than done. Most investors end up missing out on a continual rise by waiting for a stock to plummet first, or sell way to early by underestimating how high the price will go. In this article, we will focus on the two most popular strategies that you can use to invest without having to worry about market timing.

Dollar cost averaging DCA is an investing technique intended to reduce exposure to risk associated with making a single large purchase. According to this technique, shares of stock are purchased in a specific amount on a set frequent grounds forever publication, in spite of of fresh deeds. The theory is that this will guide to more bountiful proceeds overall, given that lesser numbers of shares will be purchased anytime the expenditure is costly, once greater bulk of shares will be paid for as soon as the worth is low.

An example of DCA may well be as follows: If I demanded to buy 1,200 shares of IBM store via DCA, after that I might establish to procure 400 shares of IBM per month above the channel of the next three months. Supposedly, during month one, the price of IBM may be 105 per portion, and afterward it might sprawl to 95 per allotment all the way through month two, and at that time get on my feet to 100 all the way through month three. If I paid for all 1,200 shares all the way through month one, I may well knowledge value me 105 per portion. But, by spreading the pay for higher than a three month time, I managed to buy IBM at an standard reward of 100 per allotment.

The center dilemma of by means of DCA is that you may not be maximizing your overall generate. If there is an signal that a definite compilations is currently undervalued and may possibly jump up in prize, you may possibly really type less money by the use of DCA than if you had obtained all the shares in the kicking off beforehand the bounty skyrocketed. So, it is not often a succeeding policy to spread your purchases more than a period of occasion.

Review averaging, still realized as dollar assess averaging DVA, is a formula procedure of shooting to an investment assortment to provide larger yield than similar methods such as dollar worth averaging and hit or miss investment. Also the route, investors throw in to their portfolios in such a way that the collection balance increases by a set bulk, apart from of advertise fluctuations. As a ending, in periods of promote declines, the investor contributes extra cash, when in periods of market climbs, the investor contributes less.

Here is an instance of DVA: I demanded to invest in Yahoo via DVA. For the sake of spat, we will say that Yahoo is currently 10 per part. I ascertain that the consider of the portion I am going to invest higher than the passage of 1 year will get up, on average, 1,000 each quarter as I style spare investments. If I use DVA, I invest 1,000 to start up.

If, at the end of the first quarter, the part prize has risen to 15 per share, that instrument that the examine of my investment is now 1,500, which device I will only labor under to invest 500 at the start up of the second quarter in make a request to carry the complete figure of my investment for the originally and moment quarter to 2,000. So, I am investing less as the stockpile price increases.

Dollar evaluate averaging often functions more adept than cost averaging because consider averaging solutions in less capital riches individual invested as the collections price perform up, whereas as well as cost averaging you begin again to invest the identical aggregate of dollars in spite of of the portion prize. But, neither of these strategies are unavoidably total-evidence. Type guaranteed you understand something almost about the bureau you are pouring to invest in ahead you go convey.


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