Home: Employers: Additional Expenses To Consider

Additional Expenses To Consider

This estimate of the real cost of a bad hire doesn’t even take into account costs which are extremely difficult to calculate, such as:

  • the negative effect on co-workers’ productivity and morale
  • lost business and opportunities due to mishandling by the employee
  • unemployment compensation, severance pay or legal fees
  • recruitment and training costs which you must incur again to replace the employee.

Imagine what the cost would be for a mid-level manager who terminated after three months!

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