Have you ever thought about the actual financial impact of hiring the wrong person for a job?
When a new employee quits or is fired within their first year, it can be extremely costly for a business – typically about 3.5 times their annual salary. This can have a negative effect on the company’s bottom line.
To mitigate these costs, it’s vital for businesses not only to focus on hiring the right skilled people for the job but to ensure the optimum combination of attributes, skills and behavioural traits. By improving the hiring process with the assessment of attributes, skills and traits prior to the first interview at the core ensures that you:
- Save time
- Get the right expertise
- Improve retention
- Cut costs
Our bad hire calculator is designed to help organisations estimate the potential savings from improving their hiring process. Using advanced algorithms and the latest data, the calculator provides valuable insights into how organisations can make better hiring decisions and avoid costly mistakes.