Avoid the Costs of a Bad Hire
You want to recruit and hire the best employees for your organization. But are your HR procedures set up to support that goal? Or are you buried in manual processes and mountains of paper applications that make it hard to identify the best talent?
Estimates show that the cost of a bad hire can be as much as 30% of the employee’s first-year earnings. But the financial cost is just one consequence. Hiring the wrong person can also result in reduced productivity, compromised quality of work, poor client service, a negative impact on employee morale, and ultimately, the cost in money and time to recruit, hire, and train a replacement.
Workforce management tools like Workforce Go! HCM can help you avoid the cost of hiring the wrong person. Today’s HCM solutions simplify the recruitment process with automated hiring tools and integrated reporting, so you can screen, identify, and hire those employees that are most likely to be a good fit for your organization. These integrated, cloud-based solutions allow you to improve the applicant experience, save time with more effective prescreening, enhance the interview process, and improve your onboarding – all of which reduce the chances that you wind up hiring the wrong person for the job.
Workforce Go! HCM can help you avoid the costs of a bad hire. Contact us today at firstname.lastname@example.org or 214-800-5575 to find out more.
Want to know more? Click here to read our ebook, Are You Making Costly Hiring Mistakes? Strategies and tools for recruiting and hiring best-fit employees.