Data Driven Hiring
A new hire costs at least 125% of their salary to become operational. This figure includes the effort required when hiring, interviewing, training and time spent with the new recruit.
But this the cost for a perfect hire, someone who "get" the position and "wants" to perform it so well you don't feel the pain of trying to manage them to perform. These costs will increase drastically if you don't have the "Right Fit" for the job or team, or the new recruit is struggling. Plus - most companies struggle to find the right fit for their teams and keep them. You can't turn a blind eye, as even companies like Apple and Google have to face this problem. Enter...psychometrics.