Fix Tech Hiring: Make It Data-Driven and People-Led
Tech hiring is broken, and the data from research is overwhelming. Below are a few highlights: Bad hires are extremely expensive. A study by the Society of Human Resource Management (SHRM) estimates the cost of a bad hire can be as high as 5x the salary. Zappos CEO Tony Hsieh has estimated bad hires cost his organization over $100M. Bad hires happen far too frequently. According to a study by the Brandon Hall Group, 95% of companies admit to recruiting the wrong people each year. Great hires are game changers. According to research by Linda Pittenger from the Embry-Riddle Aeronautical University,