An article appearing in Harvard Business Review showed that of 2,700 employers surveyed in a recent study, 41 percent reported a poor hiring choice cost the company as much as $25,000. The costs of an unsuitable hire come as the result of problems like poor productivity, the individual’s negative impact on morale and expenses of training a new hire.
Here are six ways employers can boost their chances of finding the right person for the job and avoid incurring the expense that comes with a less-than-stellar hire:
Move away from traditional methods
The key to finding the best possible employees may exist within the company.…Continue reading