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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.

 

Click the button below to get your free worksheet

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What's New at IMPACT Hiring Solutions

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%

FREE Skills Assessment for all candidates. Take this assessment and learn your transferable skills. Use these to leverage your job search.

Just made available for downloading our "Circle of Transition" diagram for candidates. This is a must have for all candidates in-transition and it is FREE.

Cultural Assessment. What color is your petri dish. Download our FREE Company Cultural Assessement

BRAND NEW: The 8-Point Success Matrix for assessing the effectiveness of your Job Search LinkedIn Profile

This Friday OUR MOST POPULAR WEBINAR FOR HIRING MANAGERS 9 AM PDT - You're NOT the Person I Hired

Our next weekly Internet Radio Talk Show takes place Monday-August 31 at 11 PDT on LATalkRadio.com - Assess the Effectiveness of Your Job Search

IMPACT Hiring Solutions develops a proprietary executive job search coaching program "The Executive Hire Advantage" exclusively for executives over $150K compensation.

Most popular blog post on our Job Search and Career Management Blog titled "It is OKAY to S.W.E.A.R. in the Interview"

Most popular blog post on our Hiring and Retaining Top Talent Blog titled "Hiring Managers vs. Aretha Franklin"

We're offering a FREE sample of our new Job Search Book through a FREE Chapter on "Winning the Phone Interview."

Stay tuned to What's New at IMPACT Hiring Solutions as the Partners, Barry Deutsch and Brad Remillard 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.

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