The True Cost of a Bad Hire
JazzHR
OCTOBER 12, 2016
There’s a lot of different opinions on what it costs an organization when they don’t make the right hiring choice. But the bottom line that everyone agrees on is that it can run into hundreds of thousands of dollars, and it isn’t just a monetary impact – it can be detrimental to the company’s morale and productivity. And hiring doesn’t come cheap – according to a study from Monster, small business owners spend $1,872 to hire someone new.
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