How to make a good hiring decision

Bus stop...  (Explored)

Managers should ask themselves - If we hire X, will the average quality of people in our team go up?

Imagine your company is a bus and people enter and leave. There are many stops along the way and your goal is that with each stop, the average quality of the people that stay in the bus increases.

Employees should ask themselves (in companies where employees are asked) - If we hire X, will he/she help me earn more money in the future?

There is only a limited pool of money that gets distributed among all employees. With the addition of a new employee, there are now more heads to feed from the same pool. So the new employee has to be so good, that they are able to increase the profit beyond breaking the old status quo and achieve higher level of prosperity for everyone.


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Posted in: Business
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4 Comments

  1. Mar 23rd, 2014

    From what you are describing above it could be considered a pyramid scheme.

    • Mar 28th, 2014

      Hi Shawn

      Curious to hear more about your opinion. Could you expand?

  2. Mar 23rd, 2014

    As a hiring manager myself I feel that I need to hire on a needs based system. What needs do i need to fill in my company and who will be the best fit.

    Wayne

    • Mar 28th, 2014

      I am sorry I did not mention that the principles outlined here come into play only after the selected person has passed all the other selection criteria (skill, experience, etc..)

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