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Bad hire costs are amazing! Semi-skilled - $40,000, skilled & mid-management - $50,000, Professional - $60,000. It is amazing that most companies have no formal talent strategy and hiring seems a secondary issue. Imagine the cost of productivity added to this calculation and the impact is more amazing. Great organizations hire with people as the competitive advantage; strategy depends on the talent on the team. First who, then what acccording to Collins. Never settle and always hold out for the best you can find. Finally, a simple strategy helps...Hire for attitude and train for skill. A good attitide can be contagious and these people are usually willing to learn!
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