What’s the Real Cost of Picking One Bad Apple?
Estimated cost of one bad apple hired in the U.S.: at least $25,000 – $50,000
That’s according to the Bureau of Labor Statistics and recent CareerBuilder survey on the cost of a bad hire. The survey also found that 69 percent of employers reported that bad hires lowered their company’s productivity, affected worker morale and even resulted in legal issues.
That’s why a growing number of savvy companies are partnering with hiring management outsourcing specialists to make sure that their pre-hiring and hiring processes are focused on the right criteria, implemented properly and meet their long-term goals.
What is a hiring management partnership?
When you offer progressive, customized human resources and hiring services, as hireVision does, you get this question a lot. It’s understandable. What we do isn’t second nature to most business owners or HR directors/VPs, which is why they call on us. So we are happy to explain why successful companies come to us to help them.
We are not a staffing service or a recruiting firm…not that there’s anything wrong with those types of businesses. They serve a function on the outside of your company during the hiring process. hireVision works on the inside of your company by creating strategic hiring initiatives and then performing the pre-hire process on your behalf. From hourly workers to C-level positions, we have strategies and skills that will effectively and affordably attract the right people, and support your bottom line.
Here’s what one of our clients had to say about their hiring management partnership experience:
“The hireVision staff has done an excellent job of managing our HR functions, they have dramatically improved our hiring process and the quality of our new employees. I don’t know what I would do without them! —Elijiah Gray, Chief Financial Officer MILESTONE BANK, DOYLESTOWN, PA
Thank you, MileStone Bank, for the testimonial, and for putting your faith in our service.For more information about any of our Hiring Process Management or HR Partnering Services , including our innovative social media outreach program called NetSourcing, please contact us at 610.443.0119 or email us.