It’s Time To Ditch Interviews

“What’s your biggest weakness? Where do you see yourself in five years’ time?” Such is the mind-numbingly predictable ritual of the modern job interview. Afterwards, the interviewer usually makes a gut-instinct decision about who to hire.

Yet this wildly subjective methodology is a bad way of finding the best people. Everyone thinks they have good intuition, but the data says otherwise. One study showed people were worse at predicting a student’s future grades after reading a profile and interviewing them compared with reading a profile alone.

Interviews introduce a lot of useless “noise” – information that seems significant but is just a distraction. One of the biggest bits of noise is charm. The traditional interview is an ideal environment for the charismatic – fine if you are recruiting a sales force, but not if you need an accountant or a software engineer.

Thankfully things are changing. There is a growing trend towards competency-related tests: the best way to test job candidates is often just to see if they can handle important job tasks.

Motivational Quote Of The Day

“You have to learn the rules of the game. And then you have to play better than anyone else.”

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 Albert Einstein     

Alternative Quote Of The Day

“My dad used to say ‘always fight fire with fire’, which is probably why he got thrown out of the fire brigade.”
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Peter Kay

Suffering From A Tax Conscience? Take This To Relieve The Symptoms

£15,000 – The extra charge paid by recent homebuyers who bought just before the government’s recent change to the stamp duty threshold, now £500,000, than those who buy now.

  £1.1m – How much Prince Charles, as the Duke of Cornwall, received from the unclaimed assets of residents of Cornwall who died without leaving a will or having surviving relatives, in the year to March.

  Excellent work has been undertaken by the Cabinet Office’s Efficiency and Reform Group in terms of finding savings, but taxpayers’ cash has still been wasted in a number of ways, with significant sums ripe for being saved in many areas, including:

  £53 billion – Additional cost of funding pay and pensions for public sector workers over and above the private sector average, based on analysis of figures from the Office for National Statistics and the Pension Policy Institute.

  £25 billion – Amount wasted through inefficient public sector procurement and poor use of outsourcing, based on an authoritative report from the Institute of Directors.

  £20.3 billion – Cost to the economy of public sector fraud, according to the National Fraud Authority

  £5 billion – Amount paid in benefits to those with an income in excess of £100,000. £4 billion – Losses to the taxpayer from RBS and the sale of Northern Rock.

  £2.9 billion – Amount spent needlessly by the Department for Business, Innovation & Skills and Department for Culture, Media & Sport, which should both be scrapped.

  £1.2 billion – Annual subsidy to foreign farmers through the EU’s Common Agricultural Policy.

Today’s National Day  

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NATIONAL RADIO DAY !

PUBLISHERS NOTICE  

Just In…  

Hello,

We have just received the email below from one of our customers. I thought you might be interested in what he has to say…

From: John C******* [john********@*****.com]  
Sent: 09 August 2020 09:58
To: Admin
Subject: “The Hermes Strategy “

Dear Bill, 

Well that was a result —- I certainly wasn’t expecting the system to pay for itself in 2 days with 66/1 shot Star of Emaraaty! I have backed 66/1 shots before, but I don’t think I would have picked this one!

Once again ——Thank You Very Much.

Kind Regards,

John

If you’d like full details on what he is talking about please Click Here 

 All The best 

John