In a study of companies that implemented a topgrading interview methodology, the mis-hire rate fell from 69.3% to 10.5%.
Topgrading is an interview process that includes interviewing for core skills, scorecards, job history review, and reference checks to deter dishonesty.
The topgrading interview walks through their work history and asks about the candidates successes, mistakes, key decisions, key relationship, their manager’s strengths and weaker points, how their manager would rate them, and why they left the job. Candidates that are willing to discuss their full work history provide much more information to the hiring manager and dishonest candidates are likely to drop out.
- Performance management is and measuring mis-hires are an important step in topgrading
- The most effective people care a lot which might be a good area for an interview to dig into
- Startups value generalists early, specialists later