BizSugar.com › Human Resources › Hiring Practices… Why People Get it Wrong

It is costly to make a bad hire. The U.S. Department of Labor estimates that the average cost of a bad hiring decision can equal 30% of that persons first year’s potential earnings. This is in terms of training time and dollars, lost sales, reputation risk and fraud to name just a few. Given the high cost of a hiring mistake, why do so many hires go wrong?