By Lisa Spiden
When workers are not a good fit for the job, the cost to a business can be significant. Productivity may decline for a number of reasons and the impact in some cases may be long term. Here are just some of the ways that poor recruitment practices might impact a business financially:
- Managers may have to spend more time supervising the new employee.
- An employee with limited role-specific capabilities may take more time to become productive, and need extra training to build up their skills.
- The performance of other workers within the team or department may be affected in the meantime.
- Errors or delays may lead to client dissatisfaction.
- Employee morale may be impacted.
- Salary costs often represent a significant percentage of business overheads, so poor recruitment practices have the potential to make a big impact on profitability. Continue reading