Hiring the wrong person for a position is an expensive mistake for a company to make. In a recent Career Builder survey, 42% of companies reported that a bad hire cost them at least $25,000 in the past year, and 25% reported a loss of at least $50,000. But for small companies, where every employee often juggles many important responsibilities, the cost of a bad hire can be even more devastating – up to $190,000 according to a report by Association of Certified Fraud Examiners. To avoid hiring the wrong person: Keep your references close; Be proactive; and Kick those tires.
Hiring Tips Blog

Talk About Bad Company: The True Cost of a Bad Hire
Jun 1, 2014 | Employer Negligence, Employment Screening
Recent Posts
- U.S. District Judge Upholds Federal Preemption Over Minnesota State Drug Testing Law
- Mississippi: Indian Tribe Approves Referendum Regulating the “Possession, Production, and Distribution of Marijuana on Tribal Lands”
- Your Breath May Be Your Next ID: Study Says Nasal Patterns are as Unique as Fingerprints
- Robert Half Settles Background Check Suit for More than $2.2M
- Job Seeker Says Paycom Background Check Included Twin Brother’s Charges
Categories
- Background Check Compliance (102)
- Background Check Laws (59)
- Background Screening (43)
- Biometric Identification (4)
- Consumer Financial Protection Bureau (1)
- Credit Checks (32)
- Criminal History Check (180)
- Data Protection & Privacy (100)
- E-Verify Issues (74)
- Education Verification (7)
- Educational and Childcare Hiring (28)
- EEOC (48)
- Employer Negligence (36)
- Employment Screening (136)
- Fair Credit Reporting Act (109)
- Featured Posts (1)
- Financial Services Hiring (11)
- Healthcare Hiring (2)
- Hiring Legal Compliance (2)
- Home Services and Repairs Hiring (6)
- Human Resources & Benefits (26)
- Immigration Issues (87)
- IT and Data Security Hiring (11)
- Medical & Pharmaceutical Industry Hiring (9)
- Occupational Fraud (11)
- Pre-employment Drug Testing (186)
- Retail Hiring (14)
- Security Services Hiring (3)
- Social Media (32)
- Transportation Industry Hiring (20)
- Uncategorized (1)
- Wage History Checks (4)