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Ever Wonder How One Bad Hire Can Affect Your Entire Team?



The Cost of a Bad Hire

According to research by a number of HR Firms and the Recruitment & Employment Confederation (REC), the true cost of a bad hire can range from 30% to 50% of that employee’s annual salary.


Hiring the wrong person doesn’t just hurt your cash flow—it can have rippling effects that spread throughout your entire organisation. Yet, many businesses still cut corners during the hiring process, underestimating the true cost of a bad hire.


So, where does this leave you?


Lost Productivity That Kills Growth

A) Every minute spent training the wrong person is a minute wasted.

B) Team momentum grinds to a halt, causing projects to fall behind schedule.

C) Other team members are forced to pick up the slack, leading to burnout and frustration.


The Hidden Money Drain

A) Recruitment costs go down the drain when you have to start the process all over again.

B) Training resources are wasted on someone who wasn’t the right fit.

C) Severance packages and potential legal fees (yes, it happens!) add to the financial burden.


The Ripple Effect You Can't Ignore

A) Team morale takes a nosedive, affecting overall productivity.

B) Client relationships suffer due to inconsistencies and lack of trust.

C) Company culture gets damaged, making future recruitment efforts even harder.


Here's the thing: Most businesses only look at the salary when calculating costs. But that's just the tip of the iceberg!


Think about it:

1) How many hours of leadership time are wasted dealing with the fallout?

2) What opportunities are missed while handling the consequences of a bad hire?

3) How long does it take to rebuild team trust and morale?


The Solution?

Invest in proper recruitment from the start.

Stop trying to cut corners with DIY hiring processes that end up costing you more in the long run.

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