There's no denying that hiring mistakes are expensive. Based on our conversations with clients spanning almost 35 years, we have determined that there are three primary costs that follow a poor hiring process:
The Cost of Vacant Position
The Cost of Rejected Offer
The Cost of Bad Hire
While each of these individually can impact an organization's bottom line, it can be especially devastating when they have a compounding effect. We've created some useful tools to help
our clients examine the detrimental effects of these costs, and to showcase the ways in which Ropella's services can save organizations in the long run.
Crunch the numbers in this White Paper!
Check out additional resources
associated with the ROI of our RPO
(Recruitment Process Outsourcing)
Read more in the ROI of RPO Brochure!
The Cost Of A Vacant Position
Some leaders believe leaving a position vacant will save their company money. When examining the trickle-down cost, however, payroll savings are quickly overshadowed by other expenses.
We've created some useful tools to help our clients calculate the real cost of their vacant positions and see how it impacts the health of their business.
A single bad hire can send negative shockwaves through the organization, costing the company upwards of 15 times their salary. The majority of this cost is due to the trickledown effect toxic employees have on the rest of the organization.
We've created some useful tools to help our clients calculate the real cost of their bad hires and see how they impact the health of their business.