Million-dollar hire: build your bottom line, one employee at a time (1st ed.)

Tools for translating recruiting and hiring decisions into financial returns

Even in a down economy, U.S. business and government make millions of hiring decisions every year. Every decision carries risk. Every hire is an investment. Ideally, every one pays a return. In today's demanding environment, companies no longer have room to get it wrong. Million-Dollar Hire shows how leading companies have re-invented themselves, beat their competition, and added millions to their bottom lines with re-engineered recruiting and hiring practices. Using practical, real world illustrations, it shows that there are tools to treat every hiring decision with the same focus a business applies in acquiring other high-value assets.

• Shows how new technologies and social networking tools are being used to spider the Internet and find the best candidates before the competition
• Explains how different approaches to candidate screening translate to different levels of financial return to a business
• Reveals how to estimate the financial payoff for every hire and how to avoid legal challenges
• This is an invaluable tool for CEOs, CFOs, COOs and HR professionals who want to revamp what is often one of the least sophisticated parts of a business-the ways it finds talent.