The 80/20 Rule In Recruitment....
It is never possible to give more than 100%.
Except, of course, in sports, where managers and pundits often laud those who give 110%. It’s not mathematically possible. But that arithmetical oddity does not stop people from using it, using it repeatedly.
We like mathematical exactitude at Fidaris too so we know all about the 80 - 20 rule, which adds up correctly to 100.
The 80 - 20 rule of recruitment is one that has many proponents and, put simply, it means that in order to raise the quality of hire you need to spend 80% of your hiring resources on finding the best 20% of the talent market.
Not 50% spent on time, talking to people, budget or effort - and acquiring the best 50%.
No, it’s 80 - 20.
A great gin and tonic has that split too - a fine gin making up 20% with 80% being the tonic, the lime and the ice.
Think of your recruitment needs in this way and you will realise that the chances of hiring great people are higher.
Spend 20% and you may end up with 80% of the talent pool.
We have worked with great people in our one-year-old recruitment business and we’ve provided great candidates for companies.
Myself and Liam Flegg will happily give 100% to finding your hires - because we believe that you should always work with great people!
Or have great people work for you!
Simple maths isn’t it?