So you made a bad hire. Lesson learned. Eventually it happens to everyone.
But why haven’t you moved them on yet? Why are they still hanging around and leeching the morale from your team when you know good and well that they just aren’t going to fit?
Every day that you keep a “poor fit” employee, you make the decision to hire them all over again.
I’ll explain. See, when you hire someone and put that money into them, that’s what economics nerds like to call “sunk cost.” In a nutshell, the cost of the original choice has already been incurred, so don’t let that impact your decisions going forward. Continue reading
Because of my history of talking about the HR certification exams, I get a lot of questions about the difficulty level of the PHR and SPHR exams. At first glance, it’s easy to see why people ask those questions. According to the HRCI statistics, nearly half of those who take the exams fail them, which can cause anxiety for those who aren’t good test takers.
Recently the organizers for the inaugural UAB Innovations in Wellness Conference reached out to me to see if I would be interested in attending. It sounds like a unique event with some great insights, and I am excited about the opportunity to check out this new conference.
Company Book Club vs. Developing an Employee Reading Program