Growing a successful business requires finding and hiring
great employees. But the last thing any business owner or HR department can afford to do is hire the wrong people.
In fact, the U.S. Department of Labor estimates the average cost of a bad hiring decision can equal 30 percent of the individual’s first-year potential earnings. That means a single bad hire with an annual income of $50,000 can equal a potential $15,000 loss for the employer. Yikes!