The cost of a bad hire is shockingly high. And we don’t just mean financially. Hiring the wrong employee can have a multitude of negative effects on your business.
A bad hire can be a detrimental mistake to a company’s bottom line. Not only does hiring the wrong employee cost time and money, it can be a major setback in corporate culture, productivity, momentum and maintaining your overall credibility within your industry.
Unfortunately, this costly mistake is happening over and over again, as more than 74% of employers admit to having lost money by hiring the wrong employee.
The first step to avoiding a bad hire, is knowing the risks and being able to recognize the signs at a recruitment level, especially in a competitive hiring market.
With the right tools in place and the right team on your side, you don’t have to be a victim to a bad hire.
The Hard Costs of a Bad Hire
Hiring the wrong candidate can have a major impact on your company’s budget and bottom line. Beyond