Don’t hire superstar employees, grow them
Great companies need exceptional employees.
Once your business has outgrown the basement, it’s time to find smart, talented people who can help you reach the next level.
Unfortunately, skilled superstars can be tough to pin down.
A June 2018 report from ManpowerGroup revealed that organizations worldwide are facing the most critical talent shortage since 2006. Among nearly 40,000 employers surveyed in 43 different countries, 45 percent said they’re struggling to fill internal roles.
That’s a lot of empty seats.
If you’re trying to hire stars employees (and really, who isn’t?), that search can get even tougher.
Research shows that the top five percent of a company’s workforce accounts for 25 percent of its output, while the top 20 percent accounts for 80 percent. Simply adding a star performer to a team increases the effectiveness of the other members by up to 15 percent.
It makes sense to have lofty hiring standards. But there’s another, and perhaps even better, way to stack your teams with outstanding employees:
