What is the true cost of a bad hire?
Hiring the wrong people happens, someone might be absolutely brilliant at interview stage, and then turn out to be awful in the role.
Aside from the wasted salary, have you ever thought about the other costs that this incurs?
The impact this can have on other staff members, the wasted training costs and sometimes even reputational damage.
Imagine if they work in a customer service role and are speaking to your customers every day, you don’t know what they could be saying!!
We all know that if a customer isn’t happy with a service or feels mistreated, they will often write bad reviews.
Not to mention that fact that straight away you’re down a member of staff, making other employees have to take on their workload.
This can cause low morale among other members of staff.
If their job performance doesn’t cause a financial impact, the cost to repeatedly dismiss employees, place a job ad, recruit, interview and onboard them can be too much for many businesses to take.
If you have unfortunately suffered as a result of bad hires then why not get in touch with us here at StormX Recruitment - Accountancy & Finance/HR/ Office Support Specialist Recruiters to discuss how we can help you.
We have a combined 80 years experience in this field specialising in HR, Finance, Accountancy and general office support roles.
#recruitment #newjob #candidateexperience #clientexperience #hiring
Practice Director of Finance, Financial Services - Consulting at Ernst & Young
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