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The Cost of Hiring the Wrong Employee

Hiring decisions have a huge impact on the company’s performance and a candidate who is not lined up with the organization’s value system, vision, work culture, role requirement or competence requirement can contribute to the failure of the organization. The negative impacts of a bad hire include wastage of time, effort, energy, resources, and the opportunity loss of a possible good hire. Furthermore, the losses have an effect on just about every aspect of a company’s structure, including productivity, monetary, motivation, and reputation.

 

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Posted Under: Cost of Bad Hires

Post By Ken Shafton (887 Posts)