Mindflash_1.24.12-01-2

Infographic: The Staggering Cost of a Bad Hire

Your company is growing rapidly, and you’re desperately looking to fill in the gaps as quickly as possible. However, putting the wrong people in those positions could ultimately end up costing even more. Thanks to a survey published by Careerbuilder.com we learn just how much bad hires cost companies, and what you can do to avoid them.

(Click image to enlarge)

2296
Mindflash

Trackbacks for this post

  1. […] For the client, the value of a product will change as perceived price paid and/or perceived benefits received change. But the price paid in a transaction is not only financial it can also involve other things that a client may have to do. For example, in addition to paying money a client may have to spend time going through a lengthy recruitment process, pay for additional costs, lose productivity whilst distracted by recruiting or incur other expenses and lets not forget  the cost of a bad hire. […]

  2. […] and it can be a very expensive proposition when it does. A Careerbuilder.com survey depicted in an infographic by Mindflash.com in January reported that 41% of companies surveyed reported that a bad hire in the […]

  3. […] Check out this short infographic by CareerBuilder on why a bad hire costs us so much–and what we can do to prevent it. I especially appreciate the reminder to always conduct reference checks. We can all hire smarter with these tips! […]

  4. […] small business. In fact, a bad hire can cost you and your business time and money. According to a recent survey, 41% of business owners said that a bad hire has cost them at least $25,000 in the past year. Of […]

  5. […] morale. Careerbuilder.com sponsored a survey on the cost of a bad hire, and the clever folks at Mindflash.com created this infographic based on those […]

  6. […] and it can be a very expensive proposition when it does. A Careerbuilder.com survey depicted in an infographic by Mindflash.com in January reported that 41% of companies surveyed reported that a bad hire in the […]

  7. […] when trying to build the right teams and when a wrong hire can screw a major investment.  This infographic shows this only too well. So to my mind Scotts firing has as much to do with sending silicon valley […]

  8. […] out Mindflash’s infographic on the Staggering Cost of a Bad Hire based on a CareerBuilder survey… Failure to Work Well with Others and Negative Attitudes were […]

  9. […] to a survey published by Careerbuilder.com and illustrated by Mindflash’s infographic, “The Staggering Cost of Bad Hires“, we learn just how much bad hires cost companies, and what you can do to avoid […]

Leave a Reply