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We surveyed more than 200 HR professionals, executives, board members, and business owners on the most pressing talent-related issues for our annual State of Talent Optimization Report. This blog post highlights some key findings around hiring costs.
It’s no secret that hiring is a piecemeal operation for too many businesses. For some it’s more art than science, while for others, the selection process is too arbitrary to even be called an art.
Team members within the same company might view hiring challenges differently, depending whether theirs is a bird’s-eye view or boots-on-the-ground. But one thing is for sure: Bad hires can be just as costly – if not more – than failing to fill a role at all.
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Without a good sense for job fit, hiring costs add up through mis-hires, backfills, and stalled production. It’s
