Despite continued efforts to increase productivity with fewer employees, many companies undermine their own “rightsizing” by relying on résumés and guesswork to recruit and retain qualified employees.
March 25, 2004 (Press Release) --
CONTACT:
Eva A. Jenkins
VIP Staffing, LLC
1717 K Street, NW, Suite #600
(202) 973-0179
evaj@vipstaffing.com
FOR IMMEDIATE RELEASE
Reliance On Résumés Undermines
Health of U.S. Companies, Says HR Expert
Despite continued efforts to increase productivity with fewer employees, many companies undermine their own “rightsizing” by relying on résumés and guesswork to recruit and retain qualified employees. According to Eva Jenkins, founder of the Washington, D.C.-based recruitment firm VIP Staffing, LLC, public and private-sector firms cost themselves millions of dollars each year by hiring and promoting the wrong people.
In a 1999 survey of recent college graduates conducted by Nation’s Business, 95% said they would lie on their résumés to get a job, while 41% admitted to having already lied. Other studies reveal that:
• Almost 70% of new hires are considered disappointments within the first year.
• Turnover costs businesses thousands of dollars for each departing employee.
• Annual absenteeism costs companies a minimum of $757 per employee.
• Only 14% of those hired based on job interviews meet expectations.
For these reasons, VIP Staffing is one of a growing number of recruitment firms that use a new generation of assessment tests to help clients manage human capital planning. “VIP uses Profiles International assessments because they aren’t just personality tests, but measure the total person,” says Jenkins. “Profiles International has determined that by evaluating thinking abilities and behavioral traits, you raise the odds of hiring the right person from 14% to 54%.”
Assessments such as the Profiles XTTM, Profiles Sales IndicatorTM and Profiles Performance Indicator™ reduce turnover, improve productivity and increase morale and profits by helping companies identify, retain and promote top performers while weeding out less suitable candidates. The tests can be set up, completed and scored online, and will immediately generate reports for both potential employers and employees.
“It’s easy for prospects to lie on résumés and list references who’ll put a positive spin on work histories. It’s much harder to fool the Profiles assessment tests. They help hiring managers make decisions based on real knowledge, not guesswork. In this economy, companies must take a more scientific approach to human capital management to avoid wasting huge amounts of time and money. No one should have to hire four ‘lemons’ for every ‘peach’ they find.”
For more information on VIP Staffing, LLC its sister company VIP Innovations or Profiles International assessments, visit www.vipstaffing.com, or contact Eva Jenkins at (202) 973-0179 or evaj@vipstaffing.com.
Eva A. Jenkins
VIP Staffing, LLC
1717 K Street, NW, Suite #600
(202) 973-0179
evaj@vipstaffing.com
FOR IMMEDIATE RELEASE
Reliance On Résumés Undermines
Health of U.S. Companies, Says HR Expert
Despite continued efforts to increase productivity with fewer employees, many companies undermine their own “rightsizing” by relying on résumés and guesswork to recruit and retain qualified employees. According to Eva Jenkins, founder of the Washington, D.C.-based recruitment firm VIP Staffing, LLC, public and private-sector firms cost themselves millions of dollars each year by hiring and promoting the wrong people.
In a 1999 survey of recent college graduates conducted by Nation’s Business, 95% said they would lie on their résumés to get a job, while 41% admitted to having already lied. Other studies reveal that:
• Almost 70% of new hires are considered disappointments within the first year.
• Turnover costs businesses thousands of dollars for each departing employee.
• Annual absenteeism costs companies a minimum of $757 per employee.
• Only 14% of those hired based on job interviews meet expectations.
For these reasons, VIP Staffing is one of a growing number of recruitment firms that use a new generation of assessment tests to help clients manage human capital planning. “VIP uses Profiles International assessments because they aren’t just personality tests, but measure the total person,” says Jenkins. “Profiles International has determined that by evaluating thinking abilities and behavioral traits, you raise the odds of hiring the right person from 14% to 54%.”
Assessments such as the Profiles XTTM, Profiles Sales IndicatorTM and Profiles Performance Indicator™ reduce turnover, improve productivity and increase morale and profits by helping companies identify, retain and promote top performers while weeding out less suitable candidates. The tests can be set up, completed and scored online, and will immediately generate reports for both potential employers and employees.
“It’s easy for prospects to lie on résumés and list references who’ll put a positive spin on work histories. It’s much harder to fool the Profiles assessment tests. They help hiring managers make decisions based on real knowledge, not guesswork. In this economy, companies must take a more scientific approach to human capital management to avoid wasting huge amounts of time and money. No one should have to hire four ‘lemons’ for every ‘peach’ they find.”
For more information on VIP Staffing, LLC its sister company VIP Innovations or Profiles International assessments, visit www.vipstaffing.com, or contact Eva Jenkins at (202) 973-0179 or evaj@vipstaffing.com.
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