What is the true cost of a bad hire?

Have you ever calculated the true cost of a bad hire i.e. someone who leaves your business during their first year of employment? In most cases, the true cost is roughly 3.5 x their annual salary which, clearly has a negative impact on business. Our unique Recruitment Process Audit™ uses the latest data* and industry research based algorithms to work out what the true cost is to you!


Your Retention Rate is...

%

Direct Cost

Unrecoverable Salary Icon

Unrecoverable Salary

0*

Wasted Training Icon

Wasted M’gment Time/Training Costs 

0*

Recruitment Training Icon

Recruitment Agency Fee

0

Management Time

Lost Productivity

0*

Total Direct Costs

0*

Indirect Costs

Loss Team Productivity Icon

Lost Team Productivity

0*

Staff Turnover Icon

Indirect Staff Turnover

0*

Business Loss Icon

Loss of Business

0*

Reputation Impact Icon

Impact on Reputation

0*

Total Indirect Costs

0*

Cost of each Bad Hire...

0

The overall cost of your bad hires is...

0

Our Retention Rate is...

96%

Direct Costs with us

Unrecoverable Salary Icon

Unrecoverable Salary

0*

Wasted Training Icon

Wasted M’gment Time/Training Costs

0*

Recruitment Training Icon

Recruitment Agency Fee

0

Management Time

Lost Productivity

0*

Total Direct Costs

0*

Indirect Costs with us

Loss Team Productivity Icon

Lost Team Productivity

0*

Staff Turnover Icon

Indirect Staff Turnover

0*

Business Loss Icon

Loss of Business

0*

Reputation Impact Icon

Impact on Reputation

0*

Total Indirect Costs

0*

Cost of each Bad Hire with us...

Using us will cost you...

0

Using our process you will experience an overall saving of

*Results based on formulas from Perfect Match (Making the right hire and the cost of getting it wrong) Study researched & published by the Recruitment & Employment Confederation
Visit us at https://illuminet.co

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