The phrase, "stealing employees," and the insinuation that recruiters/sourcers are doing something wrong when targeting passive talent has always been the only motivation I need to get on my soapbox about this distorted view.
“A great hire will take your business to the next level…Reveal provides the ladder.”
– Marc Hutto, Founder and Chief Encouragement Officer
Sep 28, 2016 – Well-known recruiter Jörgen Sundberg puts the cost of onboarding an employee at $240,000.
And, according to the U.S. Department of Labor, the price of a bad hire is at least 30 percent of the employee’s first-year earnings. For a small company, a five-figure investment in the wrong person is a threat to the business.
The true cost of a bad apple
While the financial impact is quantifiable, chief financial officers actually rank a bad hire’s morale and productivity impacts ahead of monetary losses.
Why? A bad apple spoils the bunch, so to speak. Disengagement is contagious, which may be why employers can’t seem to defeat it.
Revealed: How to Find and Secure Hidden Talent
Join Tony Restell (Host) and Marc Hutto (featured speaker) as they explore key tips and tools to identify the best “passive candidates.” Learn More