Consistent turnover can affect almost every part of an organization so why are companies making poor decisions when it comes to the hiring process? It may be that your company in too much of a rush to fill a position and your vetting process is simplified to save time. Your business may be assessing the wrong skills and a complete overhaul of your assessment tools is needed.
Establishing a standardized, documented hiring process with skilled personnel will help you reduce the risk of making a bad hire. If done well, employee morale and engagement will increase while your hiring costs will greatly be reduced.
The infographic below, What Are Bad Hires Really Costing Your Business?, provides a high-level overview of the costs of bad hires, why it happens and how to fix it. Read on to learn more.