Data Facts Background Screening Blog

The Cost of a Bad Hire

by Susan McCullah

Mar 3, 2015, 3:22:00 PM

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Is it really worth the risk?
What is the cost of a bad hire? We all know that hiring the wrong employees can cost organizations a huge amount of money, but this infographic presents some startling figures. When it comes down to it, getting the right fit the first time probably matters a little more than you thought it did. Hiring managers, your job is just that much more important.

Employers who do not perform a thorough background check on potential employees are opening themselves to increased risks of choosing a bad hire, hiring lawsuits, and embarrassing public gaffs.

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Click here to view full infographic

The cost of a bad hire is expensive in terms of direct and indirect costs and it’s imperative to the success of a workplace to find the candidates that are trustworthy, capable, and fit in the organization’s culture.

Topics: Reducing Employee Turnover

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~~Susan McCullah is the Marketing Project Manager/ Background Screening Division for Data Facts, Inc, a 25 year old Memphis based company. Data Facts Inc -an NAPBS accredited company- is a leading provider of employment screening solutions. Check out our website for a complete explanation of our services.