3 Hiring Components: Time, Money, Quality

What is the perfect hiring process?  Good, fast, and cheap sounds pretty good doesn’t it!  Unfortunately, you can’t have all three.http://www.workforce.com/archive/feature/25/84/72/index.php

You can control time to fill, cost per hire, and quality of hire.  Just not all three at the same time. Your options are:  1) good and fast, 2) good and cheap, 3) fast and cheap.

What option do you normally take?  And, are you receiving the results you desire?  If not, consider one of the other options the next time you hire.

Kris Dunn wrote an entertaining article about this subject entitled, “Two Out of Three Ain’t Bad.”  Remember the old Meatloaf song?  Enjoy!