IT Employment

Infographic: Cost of a bad hire

Careerbuilder.com sponsored a survey on the cost of a bad hire, and Mindflash created this graphic based on those results.

If you're a hiring manager, you should be aware of how expensive a bad hire can be, both in terms of dollars and morale. Careerbuilder.com sponsored a survey on the cost of a bad hire, and Mindflash created this graphic based on those results:

http://www.mindflash.com/blog/2012/01/infographic-the-staggering-cost-of-a-bad-hire/

About

Toni Bowers is Managing Editor of TechRepublic and is the award-winning blogger of the Career Management blog. She has edited newsletters, books, and web sites pertaining to software, IT career, and IT management issues.

1 comments
cd003284
cd003284

If the selection and supervision of one's subordinates is the most important responsibility of anyone who manages other people, then admitting that one has failed at this can be a career killer. When this failure takes place in the healthcare industry, or the military, or any other organization that deals in life and death, the stakes are the highest, but it still cuts both ways and people die because someone hired or promoted the wrong person, but won't admit it and do something about it. If you change the culture so that this responsibility is taken seriously enough to invite and respect admission of failure, rather than punishing it, you change the results. But don't hold your breath, or pay any attention to internal politics, PR, or propaganda until you see it happen in a great big important example.

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