How Much Does a Bad Hire Cost You?
Marcianne Kuethen
Why is it crucial to hire right the first time around? Every bad hire negatively impacts your budget, ROI, employee loyalty, and more! For instance, “ASTD estimates that U.S. organizations spent $125.88 billion on employee learning and development in 2009. For a small business with only 64 employees, the cost of turnover is just shy of $8,000.”
Take a look at this startling infographic to see how the cost of a bad hire can affect your company.
Originally published on Recruiter.com by Rachel Lorinda.
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