Recent Survey Helps Confirm the Costs of a Poor Hiring Decision

When recruiting for open positions organizations are faced with several pressures. Highly qualified candidates can be extremely sought after, and there is pressure to move them quickly through the hiring process and make them an offer of employment. There is also the pressure of making a poor hiring decision. Poor hiring decisions can have several detrimental effects on an organization. When the wrong person is hired, it can damage morale and productivity in the workplace. It can also be very expensive to separate from an unproductive employee and re-boot the hiring process from scratch.

In a recent survey conducted by Robert Half, the negative effects of a bad hire were evident. The survey included the following statistics when speaking to CFO’s:

  • 91% said a hiring mistake affected company morale
  • Addressing subpar performance by an employee can consume 10 hours of a 40 hour work week
  • The cost of replacing a poor hire can be up to 33% of an employee’s salary

When combining the detrimental effects of lost productivity, morale, and expense, you can see that making the right hire the first time can be a tremendous benefit for any organization.

One valuable tool available to any organization to assist them with avoiding a bad hire is background screening. Background screening can help employers look past just an interview and verify key details of a candidate’s past. This could include:

  • Work history
  • Criminal history
  • Educational credentials
  • A drug free lifestyle
  • Professional references and more

When employers utilize a comprehensive and legally compliant background screening procedure, they can significantly increase their chances in avoiding the bad hire and focus in on a truly qualified candidate.

View the products offered by IntelliCorp.

Learn more about the various packages IntelliCorp offers to help ensure a comprehensive search. Customizable options are available.

Learn why it’s important to maintain a compliant screening program.


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