It’s high time for business organizations
to be cautious while hiring new recruits. A bad hire can cost an organization a
hefty amount of money and not to forget, it can have a negative impact on the
company.
“Lower employee morale and decreased
productivity are the biggest consequences of bad hiring and promotion
decisions,” according to The Right Management Group, the world’s largest career
transition, outsourcing and organizational consulting firm.
Organizations should hire the right person and not just someone who can fill the vacant position as the cost of a
bad hire are staggering. A survey published by Careerbuilder found that 41% of
companies surveyed informed that a bad hire had cost then $25,000 in the last
year. It was also found that 38% of the companies hired a bad employee just to
fill the vacant position.
Jay Goltz, a small business expert and a
blogger, identified some tips which can help an employer hire the right
employee.
1.
Conduct Great Interviews
2.
Always Check References
3.
Give your Employee a Great First Day on the Job
Mindflash.com designed an infographic
based on the survey by Careerbuilder. Let us have a look at the detailed report
through this infographic.
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