Infographic: The True Cost of a Bad Hire

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the cost of a bad hire, facts and figures behind a bad hire, why do companies make bad hires? how to avoid making a bad hire?

Poor hiring decisions are costing businesses significant amounts of time and money. In the previous blog post, we shared some shocking facts about the hidden costs of bad hires. We thought we would give an update on those numbers. According to the recent survey that FORSEE conducted, hiring a wrong person who performs poorly and decreases your team’s productivity is estimated to cost from 30% – 150% of their annual salary

Our new infographic shows the true costs for making poor hiring decisions and top tips of how companies can avoid making those bad hires. The data of this report is based on the recent studies conducted by business2communityFORSEE, smartcompany, and CareerBuilder.

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