WELCOME

January 22, 2007

The "New Iowa" Entrepreneurs' Meetup Group

http://entrepreneur.meetup.com/864

Check the Calendar Regularly!

http://entrepreneur.meetup.com/864/calendar/

@ The Pappajohn Education Center

Wednesday Feb. 28th Connecting the

Entrepreneur – Roundtable “

Connecting the Entrepreneur"- Entrepreneur Spotlight

Connecting the Entrepreneur - Exhibition and Reception

Connecting the Entrepreneur - Press Conference

Friday March 2 Collegiate Entrepreneurs

Iowa Conference – Drake University

http://www.iowabusinessplancompetition.com

Win up to $25,000in the Pappajohn IowaBusiness Plan Competition!

What is it? $50,000 in prize money will be awarded to the top three business plans submitted statewide during the competition - $25,000 for the first prize, $15,000 for second prize and $10,000 for third prize.

Who's eligible?All new start-up companies in Iowa who meetthe criteria noted in the rules.

When can I enter? Executive summaries can be submittedbetween March 1 and April 30

“Slow To Hire Quick To Fire”

Katie Roth, SPHRPorticoHR, Owner2910 Westown ParkwayWest Des Moines, IA 50266Phone: 515-221-3233Fax: 515-221-3236Email: katie@porticohr.com Website: www.porticohr.com

Shocking Statistics

53% of job applications contain false information

44% of applicants lied about work experience

23% fabricated credentials or licenses

41% lied about their education

500,000 people falsely claim to have college degrees

The Cost

Employee theft and dishonesty –

$40 billion a year Workplace violence –

$36 billion a year Employee substance abuse –

$640 per US worker Half of all new hires “don't work out” –

$7,000 to $40,000 Total You do the math!

Reason to Care

An employer may be liable for negligent hiring if: “The company knows the employee is unfit . .

. fails to use reasonable care to discover the employee's unfitness before hiring.”

Evan F. v. Hughson United Methodist Church (1992) 8 Cal.App.4th 823, 843.

The Solution

“An employer . . . may avoid liability if it takes reasonable steps to authenticate the applicant's credentials.”

Select the right employees from the start!

How?

Know what you are looking for: Have a good job description Understand your company, culture, and current

employees Screen people out, not in!

Get to know the candidate Make sure they fit the description and the

company characteristics

Slow to Hire

Have more than two interviews Perform reference/background checks Have them take assessment or personality

tests Make sure the interviewee:

Understands the company Will fit in

Top 10 Interview Questions

1. Who are the best bosses you’ve ever worked for? The worst?

2. In the past, when have you not been successful and why? (Biggest disappointment professionally?)

3. What has been the thing you are most proud of professionally?

4. What percentage of your day do you spend on specific tasks?

5. What are five things you would change about your current job?

Top 10 Interview Questions

6. Tell me about any “best practices” you’ve instituted that you are particularly proud of.

7. Did you ever put a program in place that wasn’t successful? What was it and what did you learn?

8. Describe a situation with a client where you made a mistake. How did you handle the error?

9. Describe a couple of instances, big or small, where you took a different tack in achieving an objective than was the company standard?

10. Describe a time where a creative approach to meeting an objective didn’t work and what you did next?

Quick to Fire

The minute you have a doubt about an employee – get rid of them!

Biggest downfall of small businesses

Questions?

Katie Roth, SPHR

Owner of PorticoHR2910 Westown Parkway

West Des Moines, IA 50266

Phone: 515-221-3233

Fax: 515-221-3236

Email: katie@porticohr.com

Website: www.porticohr.com