Building a strong and positive reputation is essential for any company’s success. It takes years of hard work, dedication, and exceptional performance to establish a favorable image in the market. But it just takes one bad hire to turn the tables and tarnish your company’s reputation. The impact of a poor hiring decision can be… Read More »
A bad hire can spell disaster for your company. The financial impact can be significant – it’s estimated that a single bad hire can cause your company to lose 30% or more of the individual’s expected first-year earnings. And it’s not just about money. The drain a bad hire puts on morale cannot be overlooked.… Read More »
You’ve gone through the entire recruitment process, from creating a job description and disseminating it, screening resumes, contacting candidates to set up interviews, performing multiple rounds of interviews, and negotiating an offer. You onboard your candidate. After they start, you discover they don’t have the skills to perform in the position. A week later, they’ve… Read More »
It’s hard to put an exact figure on the cost of firing the wrong candidate in Buffalo, NY. Recent surveys conducted among hiring managers and HR professionals across the country indicate that companies are losing between $15,000 and $17,000 on each bad hire. Whatever that actual figure turns out to be, everyone in the hiring… Read More »