The Talent Agenda We have noted earlier that hiring effectiveness could be measured by low False Positive and Fast Negative rates. A False Positive is when we hire someone who doesn't work out (i.e. we wrongly believed they were awesome). A False Negative is when we reject someone who would have been awesome, but we failed to spot the talent. Considering that bad hires are costly (estimated 30-100% of total cost of the employee), what selection techniques should we rely on to make good decisions?