Dangers of Making a Bad Hire
10/01/18 16:20 Filed in: Quality of Hire
It is natural to make mistakes when we are pressured or rushed. I’m sure you’ve experienced a time when you sent an email to the wrong person; or a time you didn’t see that autocorrect changed the word shirt to something inappropriate. Rushing never leads to good results. So why would you rush on hiring? We understand you may need an immediate hire: Someone just quit, or your business is expanding. One of the most dangerous mistakes you can make during these situations is making a bad hire.
Time is money and making a bad hire can be a huge waste of time. According to ITWorld, it now takes an average of 23 days to properly go through the hiring process. Rushing through this process can lead to making poor decisions not optimal for the long-term investment that is our employees. Time spent on a new hire is dependent on the role. The hiring process can be long and exhausting, but that time investment could be a money saver. The cost of onboarding new employees can be large:
It may be easy to throw together a simple job listing online to find candidates and make an immediate hire, but even for low level positions this strategy can be detrimental to your business. In many cases, these positions are the ones with the most customer interaction. You should spend time on your job listings in order to attract quality people that will properly reflect your business. Company representation is important for expanding your business, retaining customers, and obtaining customers. The balance goes over other costs you may face when you make a bad hire.
A good image along with excellent service/products will lead to more business. A bad hire can lead to bad customer service, whether it’s because of their interactions with the customer or because of their incompetence. The customer experience will determine if they’ll continue their business with you or if they’ll refer your business to others. The worst situation to have is an influencer share their bad experience with their followers on social media. A single post can be enough to make dents in your business. A bad hire can lead to a bad reputation which could, in the long run, make it harder to find a good hire. Nobody wants to work with a company with a bad reputation.
One of the worst situations to come from a bad hire is the negative impact it can have on your team. A worker who comes in and doesn’t do their work, or causes altercations in the work environment can lead to bad business and losing good employees. Internal relations can make or break a company. Company atmosphere can inspire hard work, dedication, and efficiency. There is a correlation between company culture and production. Results oriented performers that gossip, don’t listen, blame others, or even break rules can deteriorate company culture.
There are many different ways a bad hire can negatively impact your business. Rushing through the hiring process can cause long term problems which could lead to more bad hires in the future. As mentioned before, time is money, and the time spent on a bad candidate is time that could be spent on a good productive employee. There’s a large trade off in terms of the costs that are incurred when dealing with a bad hire and huge benefits to getting the hiring process done right the first time. During this time where you are in a hurry take a moment to breathe and review your hiring process. There are many options out there to assist you and your needs for hiring. If time is an issue, you can always look to professional recruiters for help.
Time is money and making a bad hire can be a huge waste of time. According to ITWorld, it now takes an average of 23 days to properly go through the hiring process. Rushing through this process can lead to making poor decisions not optimal for the long-term investment that is our employees. Time spent on a new hire is dependent on the role. The hiring process can be long and exhausting, but that time investment could be a money saver. The cost of onboarding new employees can be large:
- • Paying your human resources
- • Training the bad hire
- • Bad business because of the hire
- • Onboarding process
- • Paying the bad hire
- • The cost most employers forget to include: Opportunity costs
It may be easy to throw together a simple job listing online to find candidates and make an immediate hire, but even for low level positions this strategy can be detrimental to your business. In many cases, these positions are the ones with the most customer interaction. You should spend time on your job listings in order to attract quality people that will properly reflect your business. Company representation is important for expanding your business, retaining customers, and obtaining customers. The balance goes over other costs you may face when you make a bad hire.
A good image along with excellent service/products will lead to more business. A bad hire can lead to bad customer service, whether it’s because of their interactions with the customer or because of their incompetence. The customer experience will determine if they’ll continue their business with you or if they’ll refer your business to others. The worst situation to have is an influencer share their bad experience with their followers on social media. A single post can be enough to make dents in your business. A bad hire can lead to a bad reputation which could, in the long run, make it harder to find a good hire. Nobody wants to work with a company with a bad reputation.
One of the worst situations to come from a bad hire is the negative impact it can have on your team. A worker who comes in and doesn’t do their work, or causes altercations in the work environment can lead to bad business and losing good employees. Internal relations can make or break a company. Company atmosphere can inspire hard work, dedication, and efficiency. There is a correlation between company culture and production. Results oriented performers that gossip, don’t listen, blame others, or even break rules can deteriorate company culture.
There are many different ways a bad hire can negatively impact your business. Rushing through the hiring process can cause long term problems which could lead to more bad hires in the future. As mentioned before, time is money, and the time spent on a bad candidate is time that could be spent on a good productive employee. There’s a large trade off in terms of the costs that are incurred when dealing with a bad hire and huge benefits to getting the hiring process done right the first time. During this time where you are in a hurry take a moment to breathe and review your hiring process. There are many options out there to assist you and your needs for hiring. If time is an issue, you can always look to professional recruiters for help.