How to hire employees is not just about selling a product or service. To get to the top of your industry and stay there, you must learn who will stick with your company for years to come.The cost of hiring the wrong person is high, but the cost of keeping the wrong person is even higher.
According to one well-known recruiter, the real cost of bringing on a new employee is. But if you keep the wrong employee for, say, two and a half years before firing and replacing them, that bad hire will have cost you close to $840,000 when you factor in total compensation, hiring, disruption costs, severance and so on.Your investment in learning how to find good employees far outweighs their contribution.
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