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What Is The Real Cost Of One Bad Hire?

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It isn't the cost of a bad hire that counts. It is all of the missed cost savings by a great hire that counts.

A bad hire is costly, especially if you add up all of the hidden costs. Most companies just add up the direct costs.

If this isn't high enough, then add in all of the indirect costs, and most companies will go into shock.

These additional costs have to be avoided.

As the leader of the company, once you realize the true cost of a bad hire and the benefits of a great hire, you might reconsider the importance of ensuring your company has an effective, systematic, structured, and repeatable process with highly skilled people.

If your stomach is strong enough, and you are sitting down, our cost of a bad hire worksheet will help you determine the real cost of a bad hire.

On a positive note -

Money saved is money earned.

Once you know the true costs, you can then set out to reduce these costs and make money.

 

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What's New at IMPACT Hiring Solutions

We are please to announce the launch of our NEW SALES RECRUITING DIVISION. For a limited time, we are offering a FREE one hour consultation to develop a Success Factor Snapshot for your critical sales hire. Click here to request your FREE SUCCESS FACTOR SNAPSHOT.

Join us for our weekly Internet Radio show on May 3rd, at 11 am PST for our weekly Internet Radio Talk Show. In this broadcast our topic is for Executive and Managerial Job Seekers: Job Boards are a Poor Job Search Strategy.

Advance Notice: Our weekly Internet Radio show on May 10th at 11 am PST will be for Hiring Executives and Managers in celebration of the launch of our New Sales Recruiting Division: Eliminate Embellishment in Sales Hiring.

Do you know the real purpose of a "Thank You" letter. It isn't to simply say, "Thank You." Download a free sample "Thank You" letter that gets read.

Most companies constantly evaluate the effectiveness of their critical processess. Have you ever evaluated if your hiring process is effective. You can now with our 8 Point Hiring Methodology Asessment Scorecard. Use this to identify the strengths and weaknesses of your hiring methodology.  Download your free 8 Point Hiring Methodology Assessment Scorecard.

Total cost of a hire calculator is available to assist companies identify what the real cost are of a hire. Not just the direct costs. Download your free Cost Of A Hire Calculator.

We added a proven example of a cover letter that gets results. Try it and see if you get more calls. Download a free Sample Cover Letter.

NOW Available. - Our long awaited Job Search Plan Self-Assessment Scorecard - Reduce Your Job Hunt by at least 50%.

 

If you would like to view more of our past special announcements in this What's New Section, please visit our Archived Special Announcements Page.

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