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What it Means to Hire Slow, Fire Fast

 3 years ago
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What it Means to Hire Slow, Fire Fast

March 16, 2022

Nearly 3 in 4 employers say they’ve hired the wrong person for a position.  Sometimes, it’s because they rushed to fill an empty position with the first person to apply.  Speeding through the hiring process can saddle the company with bad fits for their team.  Firing doesn’t have to be extreme; if a company hires the wrong person, they need to fix their mistake.

However, hire slow, fire fast doesn’t mean firing employees on a whim.  Firing is no replacement for training, coaching, or changes in role for an otherwise-good employee.  Moreover, selective hiring is a luxury.  Companies with overly exacting expectations need to back up their standards with benefits for the employees as well.  Otherwise, employees will quit.  In November 2021, 4.5 million people voluntarily left their jobs.  Hiring slowly (and correctly) is more important than ever.  Maintaining a positive corporate culture is a magnet for quality talent.

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