If you have employees I am sure that you have at least
once made a bad hire. I know that it has
happened to me. The key is to make sure
that you have systems in place and that you do background checks. I even know of situations (this is plural)
where employers have hired employees that have been fired because they were
dishonest.
The costs of a bad hire are staggering. A recent survey
by Career Builder reports more than two-thirds of employers were affected by a
bad hire last year, according to AOL Jobs. Of nearly 2,700 employers surveyed,
41% estimate a single bad hire cost $25,000; a quarter estimate a bad choice
cost $50,000 or more — not to mention the demoralizing effect of the issue on
other employees and on the new hire. Losing a job is one of the most stressful
events a human can experience.
Remember to do your homework.
