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What Is The Real Cost Of One Bad Hire?


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 This Week

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.

If you would like to view more of our past special announcements in this What's New Section

Stay tuned to What's New at IMPACT Hiring Solutions as we travel worldwide to transform how companies hire and retain top talent and how executive candidates improve their career success. We're continually adding new content, FREE Resources, tools, services, and products.