Showing Posts In "Cost of Bad Hires" Category

The Cost of a Bad Hire and How to Avoid It

According to a survey conducted by Career Builder in Canada, a bad hire has the potential of wasting 27 weeks of an organization’s time, including an average of 7 weeks to put a replacement in place. Some costs associated with a bad hire include: the recruiting process, interviews, onboarding, training, and the impact on current […]

The Cost of Hiring the Wrong Employee

A hire who is not aligned with an organization’s value system, vision, work culture, role requirement or competence requirement can contribute to the failure of the organization, demonstrated both visually and internally, such as wasted time, effort, energy, resources and the opportunity lost for a possible good hire. The cost of hiring the wrong employee […]

Preventing Fraudulent Hires: Poor Decisions Can Be Costly

With the National Retail Federation predicting that retailers could hire up to 590,000 seasonable workers this year, hiring managers are feeling pressured to fill jobs fast, utilizing the bare minimum hiring requirements. But such a quick hire could result in employing an unengaged employee who could have a negative impact on the business. Some best […]

Anatomy (and Costs) of a Bad Hire

A recent CareerBuilder survey has revealed that companies lost an average of $14,900 per bad hire made in 2017. Thirty-five percent of the respondents claimed that the number one reason for making a bad hire was that the candidate didnt have all the needed skills for the position. Other factors include a candidate lying about […]


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