Cost of a Bad Hire

Written by Vicki Lauter on . Posted in Attracting Employees, Retaining Employees

In February 2010 I posted some statistics about the cost of a bad hire. Today an infographic showing the Cost of a Bad Hire was posted on Recruiter.com about a software service by, Resoomay that allows recruiting agencies and employers to screen and interview candidates via video.

As an update to my February post I thought you might find this example interesting.  Check it out (as well as my February 2010 post)  for yourself and as a business owner or CEO you’ll be shocked at how much it actually costs your organization to hire the wrong person.

After all employee retention STARTS with recruiting and hiring the right people for the right roles and making sure you have them in the right positions.

You can find out more about how Strategic Human Insights can help you make better hiring decisions via the Strategic Insights System.

Do your own Cost of Poor Hire calculation here

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