The Real Cost of Hiring on Gut Instinct | HireScore CEO Spencer Stang Explains cover art

The Real Cost of Hiring on Gut Instinct | HireScore CEO Spencer Stang Explains

The Real Cost of Hiring on Gut Instinct | HireScore CEO Spencer Stang Explains

Listen for free

View show details
Most hiring teams still trust instinct over data. That works great until the “perfect” candidate flames out in 90 days. Spencer built a system that calls that bluff and replaces hiring bias with measurable outcomes. Hiring is still full of guesswork, résumé theater, and recruiter roulette. Spencer explains why companies keep making expensive hiring mistakes and how industrial psychology, assessments, and real-world data can dramatically improve quality of hire without wrecking candidate experience. In this episode… We unpack hiring science, candidate drop-off, assessment accuracy, safety-risk recruiting, and why most companies optimize for speed instead of fit. Spencer breaks down how HireScore combines ATS workflows, behavioral data, cognitive testing, and performance tracking into one system built to reduce bad hires. Key Takeaways : A bad hire can cost anywhere from 25% of first-year salary to 4x total compensation Some safety-sensitive workers are 10–20x more likely to cause workplace incidents based on behavioral risk scoring Most hiring managers still override assessment data because they “like” the candidate Companies often ask for the wrong fix. They ask for more applicants when the real problem is poor selection Removing account creation early in the apply flow dramatically reduces candidate drop-off Asking for a Social Security number too early caused massive applicant abandonment Structured interviews statistically outperform gut-feel hiring by a wide margin HireScore tracks outcomes 1, 3, 5, and even 7 years after hire for continuous validation Candidates who look strong verbally can still fail badly in logic and decision-making roles Work simulations and hands-on testing outperform résumé screening for many operational jobs Spencer’s team has spent 10+ years validating hiring outcomes against real employee performance “Good enough” hiring becomes dangerous in refinery, mining, and industrial environments where mistakes can kill people Guest : Spencer Stang | CEO HireScore LinkedIN : https://www.linkedin.com/in/spencer-stang-316495a Industrial-organizational psychologist focused on turning hiring science into practical recruiting systems that actually predict performance Connect with Us : William Tincup LinkedIn: https://www.linkedin.com/in/tincup/ Ryan Leary LinkedIn: https://www.linkedin.com/in/ryanleary/ WRKdefined : Site: http://www.wrkdefined.com TikTok: https://www.tiktok.com/@wrkdefined LinkedIn: https://www.linkedin.com/company/wrkdefined Facebook: https://www.facebook.com/WRKdefined/ Twitter (X): https://twitter.com/WRKdefined Substack: https://wrkdefined.substack.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices
adbl_web_anon_alc_button_suppression_t1
No reviews yet