The Hidden Costs of a Bad Hire
Making the wrong hire can be a costly mistake. Research suggests that the expense of a poor hiring decision can reach up to 30% of the individual’s first-year earnings—a steep price for any business, regardless of size. In addition to the financial toll, a bad hire can affect team morale, productivity, and the company’s reputation. Let’s explore the hidden costs of a bad hire and practical strategies for reducing hiring risk to ensure your business...