The Cost of a Bad Hire & How Staffing Agencies Reduce the Risk
Hiring the wrong person is more expensive than most leaders realize. According to the U.S. Department of Labor, the cost of a bad hire can be up to 30% of the employee’s first-year earnings. Other studies suggest it can reach $17,000–$240,000 when factoring in lost productivity, training costs, and turnover. But the real damage goes…