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 includes productivity loss, monetary loss, motivation loss and reputation loss. It is important for organizations to put forth the correct efforts to hire the right candidate to ensure that adequate filters are in place to reject a possibly unfit employee.

 

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Posted Under: Cost of Bad Hires, US

Post By Ken Shafton (2,326 Posts)