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Posts tagged "top talent"

Shocking Costs of Hiring Mistakes

… And The Secrets to Avoiding Them

One costly hiring mistake that I have observed with leaders is the unconscious avoidance, denial and/or toleration of under-performing employees.

Money down the toilet

Shocking costs of hiring mistakes

More commonly known as the cost of a mis-hire.

According to Tony Hsieh, CEO, Zappos, hiring mistakes have cost his company as much as $100 million!  That’s alot of dollars immediately subtracted from the bottomline.

For many companies, that one mistake can make the difference between surviving and thriving, between mediocrity and high performance.  Mis-hires and under-performing employees are the #1 profit leak in companies today.

 

Why Does This Issue Perpetuate Unknowingly in Many Companies?

Posted by Denise Corcoran on October 30, 2013 in Hiring Practices, Leadership Performance, Organizational Performance, Top Talent.