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"Hey! - I Want My $200,000 Back!" The Impact of Poor Hiring Decisions
September 30, 2008
September 30, 2008
The cost of a bad hiring decision is much greater than the costs associated with recruiting, selecting, and training a new employee.
A poor hiring decision can create a massive "opportunity cost" in the form of lost revenues and diminished customer goodwill that can far outweigh the "hard costs" of hiring a new employee.
Warning! After reading this article you may have an uncontrollable urge to cry out: "Hey! I want my $200K Back!"
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