#43 – DO YOU KNOW THE COST OF A BAD HIRE? – ELIZABETH LIONS

Elizabeth Lions PixYou know the one. The one that comes in late or calls in on Monday mornings right before a major project is launched. Or the employee that is constantly negative, bringing down the team because they always have to be right. Or the employee that you just cannot coach,  no matter how hard you try to test your leadership skills.

According to a Forbes article by David K. Williams, the cost of a bad hire can run you anywhere between $25,00-$50,000. These hidden costs quickly add up when you look at a recruiter’s salary, job postings, interviewing, training and related equipment like phones, desks and computers. Continue reading