Vanderbloemen Search Group: The Costs of a Bad Hire

When placing a new staff member, it’s important to consider every aspect of whether a candidate is a good fit in the role. Not only is time and money put into the effort of hiring, but the extent of the cost of a bad hire is often overlooked. In this article, Vanderboemen Search Group looks at nine costs a bad hire can cause to an organization, emphasizing the importance of putting in the effort during the selection process:

• Your Time
• Your Team’s Time
• Relocation
• Ramp-Up Phase
• Onboarding Costs
• Severance
• Legal Fees
• Momentum
• Giving

To read the full article, click here.