How Much Does a Bad Hire Cost You?
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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.
Marcianne Kuethen
Marcianne Kuethen is a Senior Writer at Amtec, where she has written over 700 blog posts in the past 18 years. Her family has led the company across three generations, from her father who founded Amtec in 1959 to her son Barrett who serves as President and CEO today. Outside of writing, she makes art, music, and gardens.
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