A Bad Hiring Decision Costs MORE Than JUST MONEY!
We’ve known for a while that a bad hiring decision can cost companies a shockingly large amount of money. In fact, depending on the role, a bad hire can cost a company anywhere from 25% to 250% of their first years salary! (Source: Dice)
We’ve outlined WHY it costs a company so much money (ranging from wasted salaries to training costs), but now there is more to consider than just lost money – what about GRIEF?