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Bad Hires Take Longer to Replace During the Pandemic, Finds Survey

April 9, 2021

Via: HR Hero

According to CareerBuilder, the average cost of one bad hire is $14,900, and given all the uncertainty surrounding the coronavirus pandemic, your company simply can’t afford to waste these precious dollars hiring and onboarding for the same position. Not only is it costly to replace a bad hire, but it’s also time consuming.

Companies today have more at stake if they make a hiring mistake, finds new research from global staffing firm Robert Half. More than 3 in 4 senior managers surveyed (76%) admit to recruiting the wrong candidate for a role, and nearly two-thirds (64%) said the negative impact is more severe now than it was a year ago.

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