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All Blog Posts Tagged 'cost of a bad hire' (1)
Bad Hires: Stats, Costs, Avoidance, Poor Excuses and Other Thoughts
The adage goes, “if you hire clowns, you will end up with a circus.” Not just a circus but a really expensive circus. Let me start with the generalist statistic from PR News (2012). Of new hires, 46% fail within 18 months. Of new hires another 45% are only fair to marginal performers. That means that 81% of new hires are a disappointment. That is a really big number and comes at even bigger costs. The cost of a minimum wage bad hire has been cited to be $4,500 and change. Research in…
ContinueAdded by Darryl Moore on June 14, 2012 at 11:31am — 1 Comment
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