A wrong hire could cost an organisation up to that candidate’s salary to replace him or her.

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Cost is not the only impact of a bad hire. There’s also negative impact on other employees who have to pick up the extra work, mending relationships with customers, and overall loss of morale.

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http://insights.dice.com/report/the-cost-of-bad-hiring-decisions/ http://greenjobinterview.com/2014/01/10-important-statistics-on-bad-hiring-decisions/https://www.roberthalf.com/employers/hiring-advice/employee-recruitment/hiring-plans/the-cost-of-a-bad-hire-can-be-surprisingly-high http://blogs.infor.com/infor-hcm/2016/05/avoiding-costs-and-toxic-employees-through-better-recruitment.html http://www.ghrr.com/blog/2016/02/10/the-real-costs-of-a-bad-hire-infographic/ http://www.forbes.com/sites/lizryan/2014/02/01/ten-ways-companies-drive-away-talent/#7c6b74924a32http://www.hrmorning.com/dont-do-it-5-costly-hiring-mistakes-employers-are-making/

1.2.3.4.5.6.7.

Sources:

The top 2 reasons most often cited for hiring the wrong person are:

poor skills match, and unclear performance objectives.

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of the demand to hire new employees is simply to departing staff.

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of employee turnover is due to decisions.

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of organisations report a

due to a bad hire.5

A “toxic” worker can an organisation up to .

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Creating a good impression counts, even with technology – relying on a system that is outdated, or worse, doesn’t work, puts off candidates who might have been perfect for the role.

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of small business owners have settled for a candidate who

was not as qualified as they would have liked.

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Even though of organisations have caught a candidate in a lie,

don’t check education backgrounds, and don’t check previous employment.

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