Employment turnover cost the US economy a trillion dollars last year. What is it costing your company? The estimated costs of a poor hire run from three to seven times a person’s salary. With stiff competition, costs rising and margins shrinking, no company can afford $300,000 in poor hire losses. 

When I say costs of a mishire, I don’t mean only in the wrong hire’s salary. I am talking about the management and training hours eaten up, the dissatisfied customers, the compromised processes, and employee morale issues - it all adds up.