Think of it this way….
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Employment is a relationship between 2 parties with mutually beneficial outcomes (or at least, it should be). If this is not the case, it's typically not going to end up good for either party. The HATS system provides the information for the employer to build a new kind of relationship that truly is mutually beneficial and with it, creates the opportunity for the employer to attract and retain high performers…It enables each party(employer and employee/candidate) to have a meaningful discussion of the other's wants, needs and goals. HATS enables a business to understand what kind of employee the candidate would be and what's important to them. When an employer can offer meaningful benefits and job "specifics" that really appeal to the candidate from the very beginning during the hiring process, it transforms the selection process from a one-way company-focus to building a relationship for high performance. Understanding mutual needs and focusing on these changes the relationship and fundamentally leads to better performance and number of other positive outcomes!
Focusing on the fit between what the company wants and what the employee wants is a powerful way to attract, deploy effectively and retain top talent.
"The U.S. Department of Labor has estimated the costs to replace an employee to be approximately 1/3 their annual salary; but when you start looking at the impact of hiring the wrong employee and having to replace them, some studies say 2.5 times annual earnings, some 4 times and some even higher." AGILEdge
