One mistake in the hiring process can have a
disastrous impact on your organization.
The implications are numerous and one bad
hire can touch many different areas of your
organization.
- Recruiting and Screening Expenses
- Productivity of Others
- Salary
- Training Costs
- Travel Costs
- Employment Taxes
- Equipment and Supplies
- Lost Customers
- Legal Issues
- Unemployment Insurance Cost
Increases
- Tarnished Reputation
- Employee Theft
- Bad Decisions
- Turnover of Other Employees
These can really add up in a hurry.
The
costs and tales of woe can be found in articles
from The New York Times, The Wall Street
Journal and many other publications.
It is such a common problem that payroll
giant, ADP has a bad hire calculator on
their website.
While there are no guarantees in hiring,
the goal is to mitigate your risk and find
the best person for your organization.
You want to hire that special person that is
a net positive to your organization and
everyone around them, the one with the Midas
touch. The best way to do this is to develop
solid talent acquisition processes or a
relationship with a firm like Rock Pine Partners
that can provide top talent or help
you develop your own industry leading talent
acquisition machine.
The question you need to ask is can you
afford a bad hire and who do you want
helping you, someone who is a pro at dropping
off bagels and doughnuts to your office or a
firm with world class experience and
a reputation for delivering what your
organization really needs.
The senior
executives of Rock Pine Partners have worked
in and succeeded in the industries they
support, managed the
hiring process for some well known firms, developed a long list of
key
contacts and have proven methods to find
people others just can't find. |