Winning teams – in sports, business and in all areas of life – have deep benches. Even if your company is fully staffed, taking your eye of the ball when it comes to recruiting is a sign of complacency which is the kryptonite of success.
What if one of your stars decides to take another job? What if one of your top executives experiences an unexpected health crisis or family tragedy and decides to leave the company? Did you know that two-thirds of those reported to be misusing painkillers in the U.S. are currently employed and are thus susceptible to declining performance or medical leave?
More than ever before, companies must be ready to replace employees at a moment's notice. The time it takes for you to fill a vacant position has increased. Glassdoor reports that since 2009, interview processes have grown from 3.3 to 3.7 days and data from DHI Hiring Indicators shows that the average job opening remained unfilled for 28.1 days on average in 2016 which is an increase from 19.3 days in 2001-2003.
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