Making the wrong decision during the hiring process can be devastating for an organization; not only does it cause extensive aggravation for the employer, but also significant financial repercussions for the company. A bad hire can also upset team dynamics and innovation.
The best way to avoid the cost of a bad employee is by hiring right the first time. As a leader in executive search, Four Corners Group offers the resources and hiring talent to do exactly that – saving your company time and money.
According to a study by CareerBuilder, 69 percent of employers report their companies have been negatively affected by a bad hire in the last year. Of those businesses, 41 percent estimated the bad hire cost them more than $25,000, while 24 percent tallied a loss of over $50,000.
The New Year offers a fresh canvas for which you can paint your latest goals and aspirations. It is a time of change. And 2013 brings great potential.
Technology is evolving at a more rapid pace than ever; just think of how quickly our cell phones are going to become credit cards. Every two days now we create as much information as we did from dawn of civilization up until 2003. And we have the ability to consume this data at an astounding pace. By reading one copy of the New York Times today, you’ve already absorbed more information than a person living in England in the 1700s would in their entire lifetime.