The Frog Blog

Ribbiting News in the World of Recruiting

Why Are so Few CHROs Promoted to CEO?

Posted by Michael Bachman on May 28, 2019 9:35:50 AM

 

Why Are so Few CHROs Promoted to CEO?

 

A few weeks ago I had the chance to attend my first DisruptHR-Tampa event and left quite impressed. I had the opportunity to listen to many knowledgeable speakers and one that really impacted me was John Wilson CEO @ WilsonHCG . John offered some interesting statics and reasons why so few CHROs become CEOs within Fortune 500 companies.  Having sold into HR over the past 20+ years and currently selling a new HR technology solution into HR, this information was eye opening and I decided to explore further.

 

What does it take to become a CEO? Is it all about your pedigree? Do you have a better shot if you attended a school with an elite MBA program? Or is it all about who you know?

 

It turns out that none of these are correct. While they can help, they aren’t necessary and generally aren’t predictive of future career performance.

 

According to the CEO Genome Project, a ten-year study that gathered data on 17,000 CEOs and closely analyzed 2,600 of them for specific characteristics, the most predictive factor in reaching CEO is taking big risks.

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Topics: referral programs, employee referral program, HR, high volume recruiting, referral hiring, employee engagement, employee referrals, seasonal hiring, retail hiring, referrals

Don't Fall Into The Recruiting Black Hole

Posted by Michael Bachman on Apr 26, 2019 12:05:36 PM

 

Scientists recently managed the first image of a black hole in space. And as momentous an event as this was, it doesn’t affect Preferhired Referrers as much as client black holes do. These are black holes we’re trying to avoid, not catch on camera. Client black holes behave in a way that is unfair to our Referrers, and at Preferhired, we take the people on both sides of our referral hiring equation equally seriously. So client black holes are a problem we’ve worked to alleviate.

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Topics: referral programs, employee referral program, high volume recruiting, referral hiring, employee engagement, employee referrals, seasonal hiring, retail hiring, referrals, black hole

Costs to Consider When Setting Your Preferhired Referral Rewards

Posted by Michael Bachman on Apr 23, 2019 12:23:34 PM

 

Imagine for a moment that you were interested in watching a good movie on TV one evening, so you posted on social media for suggestions. You’re likely to get good ideas from your friends. They have an incentive, because of your existing relationship, to want to help you. But you aren’t likely to hear from people you don’t know that well.

 

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Topics: referral programs, employee referral program, HR, high volume recruiting, referral hiring, employee engagement, employee referral programs, employee referrals, seasonal hiring, retail hiring, referrals

How Referral Recruitment Can Help Find Your Next, Quality Hire

Posted by Michael Bachman on Mar 31, 2019 10:03:09 AM

How Referral Recruitment Can Help Find Your Next, Quality Hire

 

 

 

Hiring can be expensive and time-consuming. Whether you’re paying per click or paying per post, if you’re not getting the results you’re after, you’re wasting a lot of money. And if you’re pouring through listing after listing on multiple job boards, you’re spending far too much time for poor quality results.

 

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Topics: referral programs, employee referral program, preferhired, HR, high volume recruiting, referral hiring, employee referral programs, employee referrals, healthcare, healthcare recruiting trends report, seasonal hiring, retail hiring, referrals

The Benefits of Being a Gig Recruiter

Posted by Michael Bachman on Mar 26, 2019 8:11:53 PM

 

Employment as we know it is undergoing a massive shift right now. Large numbers of people are abandoning the standard work week world of working for “40 hour per week company” jobs for the freedom of the new freelance world. This new employment landscape, the gig economy, is transforming our relationship with our jobs.

 

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Topics: referral programs, employee referral program, HR, employee referral programs, employee referrals, referrals

5 Myths about Employee Referral Hiring Debunked

Posted by Michael Bachman on Aug 29, 2018 2:26:00 PM

Employee referral hiring is a recruitment method plagued with misinformation. While the data regarding its ability to secure quality hires is irrefutable, there is still some bad press out there due to various poor experiences. So with this in mind we are going to clear the air on 5 myths currently circulating, and maybe preventing your employee referral program from truly taking off.

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Topics: employee referrals

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