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Interview4 Blog

Employee Turnover: It’s Not Always As Bad As You Think

In business most professionals understand that employee turnover is bad while employee retention is good.  Perhaps because in the corporate world success is measured in dollars gained vs. dollars lost and most know that employee turnover is a big expense.  The cost of replacing entry level employees is 30-50 percent of their annual salary while […]

What Matters Most To Your Team, Talent or Personality?

The argument continues over whether employers should hire for cultural fit or for skills.  Many say skills because hiring for cultural fit inevitably gives way to discrimination.  Others say hire for cultural fit because poor cultural fit leads to employee turnover and the high costs associated with it.  Lately I see more and more articles […]

Are Older Workers Holding on to Jobs Hurting Younger Workers Looking for Jobs?

As a provider of job candidate assessment software we are very focused on turnover. We hate costly employee turnover, which studies have shown is mostly caused by poor job fit.  So we work hard to build software solutions that measure how well potential employees will fit the employers with whom they seek employment.  It’s how […]

Will A Higher Minimum Wage Spur More Effort to Lower Turnover?

Turnover rolls along at high rates and at a high cost to employers.  Rates run as high as 35% in the hospitality industry. Costs, according to research by SHRM, can be as much as “60% of an employee’s annual salary, whereas total costs of replacement, including training and loss of productivity, can range from 90% […]

Skills vs. Attitude: What Lands the Job?

Of course you need skills to get considered for employment but to land a job one could argue they aren’t nearly as important as you think.  Cosmetics giant L’Oreal recently began assessing sales people for emotional intelligence (EQ) during their hiring process.  They found that those with a high EQ score outsold their peers by […]