What is the cost of a bad hire? We all know that hiring the wrong employees can cost organizations a huge amount of money, but this info graphic presents some startling figures. When it comes down to it, getting the right fit the first time probably matters a little more than you thought it did. Recruiters, your job is just that much more important.
This infographic by Resoomay, a software service that allows recruitment agencies and employers to screen and interview candidates using video interviews, explores the (rather astronomical) cost of making a bad hire.
Resoomay created this infographic on the cost of a bad hire and we wanted to share it with our network of recruiting professionals because it’s relevant to their daily work. Bad hiring decisions will never go away, but of course a great recruiter plus some good technology can help make bad hires happen less frequently.