Employee retention tactics to reduce “talent waste” with Lee McQueen

17 Nov 2022 · 39 min
38:35

A Social the Shortlist episode (YouTube, Nov 17, 2022) where Holly interviews Lee McQueen (founder/CEO of Phoenix51, founder of Raw Talent, former winner of BBC's The Apprentice). They discuss 'talent waste'—the costs and cultural harm of hiring without retaining—and methods to reduce it via competency-based assessments, aligning hires to company values, screening-in (vs CV screening-out), digitised assessment (Phoenix51), and internal mobility/training validation. Lee cites industry cost estimates for bad hires and explains using data to reduce bias and improve retention.

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