Cost Of Mis-hires | Intellectus Business Coaching

More Cost of Mis-Hires

In a previous post, I relayed that the cost of a mis-hire has been estimated to range between 6 and 27 times base salary, depending on assumptions. None of these assumptions considers the emotional disruption that a mis-hire creates if he or she has a difficult personality. In other words, no value is assigned [...]

The Cost of Mis-Hires

According to Dr. Brad Smart of Topgrading fame, “the average cost of a mis-hire can be six times base salary for a sales rep, 15 times base salary for a manager, and as much as 27 times base salary for an executive” (Paper 360°, January 2008). Dr. Smart’s calculations depend on certain assumptions for [...]

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