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GCI Leadership Blog

Bad Hire Costs you $40,000
(03/05/2010)

Lady On LaptopBad 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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