{"id":958,"date":"2021-07-02T10:49:37","date_gmt":"2021-07-02T08:49:37","guid":{"rendered":"https:\/\/bmugdev.wpengine.com\/?p=958"},"modified":"2022-01-27T18:11:50","modified_gmt":"2022-01-27T16:11:50","slug":"a-bad-hire-will-cost-3-times-their-annual-salary","status":"publish","type":"post","link":"https:\/\/www.brightermonday.co.ug\/discover\/a-bad-hire-will-cost-3-times-their-annual-salary","title":{"rendered":"A Bad Hire Will Cost 3 Times Their Annual Salary"},"content":{"rendered":"<p><span style=\"font-weight: 400\">A bad hire is like a bad apple in a bunch. No care is going to stop it from spreading to the rest. If we quantify the monetary loss you make with a single hire, it totals to 3 times that role\u2019s annual salary.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">This cost comes from recruitment and advertising fees, training and relocation fees as well as staff time lost carrying out recruitment and onboarding processes.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The thing with a bad hire is that the effect is not just monetary. Below are more far-reaching effects of a bad hire<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_86 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6aaa5f0c4ce2b\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6aaa5f0c4ce2b\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.brightermonday.co.ug\/discover\/a-bad-hire-will-cost-3-times-their-annual-salary\/#Negative_Impact_on_Team_Performance\" >Negative Impact on Team Performance.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.brightermonday.co.ug\/discover\/a-bad-hire-will-cost-3-times-their-annual-salary\/#Negative_Impact_on_Your_Company_Culture\" >Negative Impact on Your Company Culture<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.brightermonday.co.ug\/discover\/a-bad-hire-will-cost-3-times-their-annual-salary\/#Loss_of_Customer_and_Stakeholder_Goodwill\" >Loss of Customer and Stakeholder Goodwill<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.brightermonday.co.ug\/discover\/a-bad-hire-will-cost-3-times-their-annual-salary\/#Dent_on_Your_Company_Brand\" >Dent on Your Company Brand<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Negative_Impact_on_Team_Performance\"><\/span><b>Negative Impact on Team Performance.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">Disengagement in the workplace is contagious. This might be the reason why it is so hard to get rid of. <\/span><a class=\"article-body-links\"href=\"https:\/\/www.gallup.com\/workplace\/236495\/worldwide-employee-engagement-crisis.aspx\"><span style=\"font-weight: 400\">The Gallup report<\/span><\/a><span style=\"font-weight: 400\"> shows that less than one-third employees in the U.S. are engaged at work.<\/span><\/p>\n<p><span style=\"font-weight: 400\">When a disengaged employee fails to pull his weight in the company, good, hardworking employees burn out trying to make up for it. You might even end up losing very good employees on the account of one bad hire.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Negative_Impact_on_Your_Company_Culture\"><\/span><b>Negative Impact on Your Company Culture<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">In many ways, the impact of a bad hire in a company will go beyond their tenure in that company. This means that a single hire, especially one in a leadership position, can actually overturn the company culture you have worked so hard to create and nurture.&nbsp;<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Loss_of_Customer_and_Stakeholder_Goodwill\"><\/span><b>Loss of Customer and Stakeholder Goodwill<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">A bad hire will not only demotivate their fellow employees, they will chase your customers away. Poor performance will affect output and taint customer loyalty of which&nbsp; <\/span><a class=\"article-body-links\"href=\"https:\/\/www.andybeal.com\/96-of-unhappy-customers-wont-complain-to-you-but-will-tell-15-friends-infographic\/\"><span style=\"font-weight: 400\">96% of customers do not complain<\/span><\/a><span style=\"font-weight: 400\"> of bad service.&nbsp; They tell their friends and leave damming the company\u2019s customer retention goals.&nbsp;<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Dent_on_Your_Company_Brand\"><\/span><b>Dent on Your Company Brand<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">If you make one bad hire, there is a ripple effect across your entire organization\u2019s product and service quality. BrighterMonday has recruitment solutions to ensure this doesn\u2019t happen.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">Our BestMatch solution matches the best talent with your open positions. Our bespoke mix of technology and human systems match not only quantitative traits of candidates but qualitative ones as well. Check <\/span><a class=\"article-body-links\"href=\"https:\/\/www.brightermonday.co.ug\/employer\"><span style=\"font-weight: 400\">here<\/span><\/a><span style=\"font-weight: 400\"> to select a product that best suits your current vacant position.<\/span><\/p>\n<p><span style=\"font-weight: 400\">This article originally appeared <\/span><a class=\"article-body-links\"href=\"https:\/\/www.brightermonday.co.ke\/blog\/bad-hire\/\"><span style=\"font-weight: 400\">here<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A bad hire will not only demotivate their fellow employees, they will chase your customers away.<\/p>\n","protected":false},"author":146,"featured_media":1011,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[134],"tags":[],"content_author":[],"class_list":["post-958","post","type-post","status-publish","format-standard","has-post-thumbnail","category-employers"],"_links":{"self":[{"href":"https:\/\/www.brightermonday.co.ug\/discover\/wp-json\/wp\/v2\/posts\/958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brightermonday.co.ug\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brightermonday.co.ug\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brightermonday.co.ug\/discover\/wp-json\/wp\/v2\/users\/146"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brightermonday.co.ug\/discover\/wp-json\/wp\/v2\/comments?post=958"}],"version-history":[{"count":0,"href":"https:\/\/www.brightermonday.co.ug\/discover\/wp-json\/wp\/v2\/posts\/958\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brightermonday.co.ug\/discover\/wp-json\/wp\/v2\/media\/1011"}],"wp:attachment":[{"href":"https:\/\/www.brightermonday.co.ug\/discover\/wp-json\/wp\/v2\/media?parent=958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brightermonday.co.ug\/discover\/wp-json\/wp\/v2\/categories?post=958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brightermonday.co.ug\/discover\/wp-json\/wp\/v2\/tags?post=958"},{"taxonomy":"content_author","embeddable":true,"href":"https:\/\/www.brightermonday.co.ug\/discover\/wp-json\/wp\/v2\/content_author?post=958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}