Call us: 800-557-2220
Connect with us

Client Portals

Hiring Tips Blog

Hiring the Wrong People Costs Money

Oct 1, 2016 | Employer Negligence

Human Resource Management research has confirmed that managers play a critical role in the retention of new hires, and that those employees who quit within the first year were hired through an inadequate staff-selection process, have had poor staff orientation or have experienced poor leadership. It is estimated that the cost of hiring the wrong person ranges from 6 to 24 months’ salary, a loss that should be heavily considered throughout the screening process. To prevent this, companies should consider conducting job analysis, specifying the new or updated job description, developing a structured interview process and sourcing quality candidates.

Read more