{"id":15006,"date":"2020-09-27T17:18:08","date_gmt":"2020-09-27T21:18:08","guid":{"rendered":"https:\/\/www.shortform.com\/blog\/?p=15006"},"modified":"2020-10-01T17:42:23","modified_gmt":"2020-10-01T21:42:23","slug":"how-to-hire-the-right-person","status":"publish","type":"post","link":"https:\/\/www.shortform.com\/blog\/how-to-hire-the-right-person\/","title":{"rendered":"How to Hire the Right Person: Advice for Managers"},"content":{"rendered":"\n<p>Do you want to know how to <a href=\"https:\/\/www.shortform.com\/blog\/how-to-hire-the-right-person-2\/\">hire the right person<\/a>? Why is it important to hire the <a href=\"https:\/\/www.shortform.com\/blog\/hiring-the-right-people\/\">right people<\/a> at your company?<\/p>\n\n\n\n<p>Knowing <a href=\"https:\/\/www.shortform.com\/blog\/how-to-hire-the-right-person-3\/\">how to hire the right person<\/a> for any job can be a challenge. But <a href=\"https:\/\/www.shortform.com\/blog\/who-is-ray-dalio\/\">Ray Dalio<\/a> outlines <a href=\"https:\/\/www.shortform.com\/blog\/hiring-plan-2\/\">how to hire<\/a>, and qualities you can look for in any candidiate that will help you see whether or not they will be an asset to your team. <\/p>\n\n\n\n<p>Keep reading to find out how to hire the right person for a job, and why it matters. <\/p>\n\n\n\n<!--more-->\n\n\n\n<h2 class=\"wp-block-heading\"><strong>How to Hire the Right<\/strong> Person <\/h2>\n\n\n\n<p><strong>The penalties for hiring wrong are huge.<\/strong> Years can pass when entertaining a bad hire. Many dollars can be spent in training and retraining. The graver hidden costs are a loss of morale among competent team members, and a sense of diminishing standards that will progressively cripple the company. This is why you need to learn <a href=\"https:\/\/www.shortform.com\/blog\/how-to-hire-the-right-people\/\">how to hire the right people<\/a>. <\/p>\n\n\n\n<p>The importance of hiring is even greater when you choose people who operate at the highest levels, who are responsible for designing the machine and goals of the organization.&nbsp;<\/p>\n\n\n\n<p>As with most things, Dalio recommends designing a great hiring machine that can systematically produce great hires.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Design the Machine First\u2014<\/strong><strong><em>Then<\/em><\/strong><strong> Find the Person<\/strong><\/h4>\n\n\n\n<p>Focus not just on <em>what<\/em> should be done\u2014focus on <em>who <\/em>the <a href=\"https:\/\/www.shortform.com\/blog\/right-person-for-the-right-job\/\">right person for the job<\/a> is.&nbsp; Learning how to hire the right person affects the whole company. <\/p>\n\n\n\n<p><strong>Create a clear mental image of the values, abilities, and skills required for each person in the role to do their job well.<\/strong> Values, abilities, and skills are listed in order of importance.<\/p>\n\n\n\n<p>Values are the fundamental beliefs that drive people\u2019s behaviors. People with similar values get along; people with different values will fight constantly.<\/p>\n\n\n\n<p>What is the difference between abilities and skills?<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Abilities are fundamental ways of thinking and behaving, such as \u201cfast learner\u201d or \u201chigh-level visionary.\u201d These are unlikely to change much and are important to select for.<\/li><li>Skills are learned tools and can be acquired in a finite period of time. These are less important, since capable people can learn new skills quickly.<\/li><\/ul>\n\n\n\n<p>Once you have an idea of the criteria you\u2019re looking for, create a spec sheet with the criteria that you are looking for.<\/p>\n\n\n\n<p>Do NOT design jobs to fit certain people. You may have favorite candidates in your team and be tempted to fit the role for what they\u2019re good at. This is counter-productive, since the best candidate may come from outside, and knowing how to hire the right person means you look for the right candidate, not where they come from. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Systematize the Process<\/strong><\/h4>\n\n\n\n<p>Most organizations hire by asking semi-random questions and then choosing based on how much the interviewer liked the person. This is prone to error and does not lead to systematic selection of strong team members.<\/p>\n\n\n\n<p>To build a good interview process, <strong>think through what questions will be asked, and how different answers differentiate candidates of different qualities<\/strong>.&nbsp;<\/p>\n\n\n\n<p>Save the answers that candidates give. Once the people you hire give you performance data, you can tell how predictive the questions are of certain behaviors.<\/p>\n\n\n\n<p>So how to hire the right person? Humans are subjective evaluators of other people. Design the process to minimize the bias:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>When the interviewer is tasked with making intuitive judgments about a person, capture the interviewer\u2019s evaluations. This will let you assess their track records of accuracy later.<\/li><li>People pick people similar to themselves, so choose interviewers who embody the qualities and abilities you\u2019re hiring for.<\/li><\/ul>\n\n\n\n<p>Consider using personality assessments to know more about a candidate, and think more about how to hire the right people. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>How to Hire the Right People: Look for the Extraordinary<\/strong><\/h4>\n\n\n\n<p>The difference between average people and outstanding people is big. <strong>If you\u2019re not excited about a candidate, don\u2019t hire them.<\/strong> Hold out for exceptional people.<\/p>\n\n\n\n<p>Consider the applicant\u2019s track record to see if they have demonstrated themselves to be extraordinary in some way. While brilliant people often make for great hires, <strong>experience and a great track record mean a lot<\/strong>. Malcolm Gladwell has a rule that it takes 10,000 hours to master something, and Dalio has found specialists who spent decades honing their craft.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>To show the skills of a rookie, have them debate an experienced veteran to see how they hold up.<\/li><\/ul>\n\n\n\n<p>Dalio likes people who ask great questions more than people who have great answers. This is one strategy for how to hire the right employee. <\/p>\n\n\n\n<p>Don\u2019t hire people just for the first job they\u2019ll do; hire people you want to spend decades with.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">How to Hire the Right Person\u2014and Avoid the Wrong One<\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>Talk to believable references who can give you a clear picture of the candidate\u2019s <a href=\"https:\/\/www.shortform.com\/blog\/career-path-development\/\">career path<\/a>. Candidates tend to exaggerate accomplishments.<\/li><li>Success in school, like high grades and honors, is a limited gauge of certain attributes: memory and processing speed, determination to succeed, willingness to follow directions. <strong>Success in school does not necessarily correlate with <a href=\"https:\/\/www.shortform.com\/blog\/common-sense-pamphlet\/\">common sense<\/a>, vision, and creativity.<\/strong><\/li><li>Beware the \u201cimpractical idealist\u201d type\u2014these people don\u2019t execute practical plans that produce results.<\/li><li>Don\u2019t use your influence to do someone a personal favor and get them a job. This is bad for the team, since it undermines the process, and it\u2019s bad for your reputation.<\/li><li>People don\u2019t change all that much. Assume that what you see is what you get, and don\u2019t hope for some miraculous change.<\/li><li>Make sure hires have both great character and great capabilities. Having one without the other is harmful to the organization.<\/li><li>Show candidates the bad parts of your company too. Put them in situations showing the most difficult aspects of your principles, so you\u2019ll test their endurance under challenge.<\/li><\/ul>\n\n\n\n<p>Consider all these factors when learning how to hire the right employee. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Making the Offer<\/strong><\/h4>\n\n\n\n<p>Compensate in ways to cover both stability and opportunity. Pay enough so people aren\u2019t stressed for money, but not enough that they become complacent. They shouldn\u2019t come to you just for <a href=\"https:\/\/www.shortform.com\/blog\/career-security\/\">job security<\/a>; they should be motivated to earn more money through good work.<\/p>\n\n\n\n<p>Start with what a person of similar skills gets on the market. Don\u2019t use <a href=\"https:\/\/www.shortform.com\/blog\/job-titles\/\">job titles<\/a> as the sole comparable.<\/p>\n\n\n\n<p>Then build in incentives based on performance metrics so they\u2019re motivated to outperform.<\/p>\n\n\n\n<p>Pay north of fair. Dalio thinks the best negotiations are those in which both parties argue that the other should take more.<\/p>\n\n\n\n<p>Whenever you\u2019re ready to make an offer, think one last time about what important things can go wrong and how you can raise your probability of being right.<\/p>\n\n\n\n<p>Now that you know how to hire the right employee, make sure you use these new skills to make great hiring decisions. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Do you want to know how to hire the right person? Why is it important to hire the right people at your company? Knowing how to hire the right person for any job can be a challenge. But Ray Dalio outlines how to hire, and qualities you can look for in any candidiate that will help you see whether or not they will be an asset to your team. Keep reading to find out how to hire the right person for a job, and why it matters.<\/p>\n","protected":false},"author":5,"featured_media":15875,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[29,14],"tags":[129],"class_list":["post-15006","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-career","category-management","tag-principles-life-and-work","","tg-column-two"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.3 (Yoast SEO v24.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Hire the Right Person: Advice for Managers - Shortform Books<\/title>\n<meta name=\"description\" content=\"Do you really know how to hire the right person for your company? Hiring is important for company success and culture\u2014here&#039;s why.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.shortform.com\/blog\/how-to-hire-the-right-person\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Hire the Right Person: Advice for Managers\" \/>\n<meta property=\"og:description\" content=\"Do you really know how to hire the right person for your company? Hiring is important for company success and culture\u2014here&#039;s why.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.shortform.com\/blog\/how-to-hire-the-right-person\/\" \/>\n<meta property=\"og:site_name\" content=\"Shortform Books\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-27T21:18:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-10-01T21:42:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/s3.amazonaws.com\/wordpress.shortform.com\/blog\/wp-content\/uploads\/2020\/10\/hire-the-right-person-principles-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1710\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Carrie Cabral\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Carrie Cabral\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.shortform.com\/blog\/how-to-hire-the-right-person\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/how-to-hire-the-right-person\/\"},\"author\":{\"name\":\"Carrie Cabral\",\"@id\":\"https:\/\/www.shortform.com\/blog\/#\/schema\/person\/2ababb7c63a94ff5d2190f71dc417d56\"},\"headline\":\"How to Hire the Right Person: Advice for Managers\",\"datePublished\":\"2020-09-27T21:18:08+00:00\",\"dateModified\":\"2020-10-01T21:42:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/how-to-hire-the-right-person\/\"},\"wordCount\":1148,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/how-to-hire-the-right-person\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2020\/10\/hire-the-right-person-principles-scaled.jpg\",\"keywords\":[\"Principles: Life and Work\"],\"articleSection\":[\"Career\",\"Management\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.shortform.com\/blog\/how-to-hire-the-right-person\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.shortform.com\/blog\/how-to-hire-the-right-person\/\",\"url\":\"https:\/\/www.shortform.com\/blog\/how-to-hire-the-right-person\/\",\"name\":\"How to Hire the Right Person: Advice for Managers - Shortform Books\",\"isPartOf\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/how-to-hire-the-right-person\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/how-to-hire-the-right-person\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2020\/10\/hire-the-right-person-principles-scaled.jpg\",\"datePublished\":\"2020-09-27T21:18:08+00:00\",\"dateModified\":\"2020-10-01T21:42:23+00:00\",\"description\":\"Do you really know how to hire the right person for your company? 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