The top factor in a failed hire, aside from performance issues, is a poor skills match, according to 36 percent of chief financial officers interviewed for a Robert Half Finance & Accounting survey.

The specialized financial recruitment service developed the survey, which was conducted by an independent research firm and based on interviews with more than 1,400 CFOs from a stratified random sample of U.S. companies with 20 or more employees.

CFOs were asked: “Aside from poor performance, which one of the following factors is most likely to lead to a failed hire?”

The results were:

•    Mismatched skill set - 36%
•    Unclear performance expectations - 30%
•    Personality conflicts - 17%
•    Failure to fit into corporate culture - 14%
•    Don't know - 3%

"Companies can't afford hiring mistakes, which are costly and can erode staff morale," said Max Messmer, chairman and CEO of Robert Half International, in a statement. "Finding the right match requires time and attention, and it's something even busy managers need to make time for."

Robert Half Finance & Accounting offered five tips for better hires:

•    Know what you want
•    Look for intangibles
•    Make a personal connection
•    Tap all your resources
•    Woo your top choices

"Working with a recruiter who specializes in a given field can help hiring managers identify job candidates with the appropriate skills,” said Messmer. “Most recruiting firms conduct skills testing, which provides added assurance a prospective employee's skills are a match."

 

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