Like it or not, hiring mistakes are more common than hiring managers like to admit.
According to Leadership IQ “46% of newly hired employees will fail within 18 months” and “Only 19% of newly hired employees will achieve unequivocal success”.
Given the costly implications of a bad hire, it’s time to stop brushing this perennial problem under the rug, to face up to it and put it right once and for all.
“But Mark”, I hear you say, “How do we do that? If it was that simple, we would have done it a long time ago! Isn’t this just one of those unpleasant costs that we have to reluctantly accept in business?”
According to Leadership IQ, 46% of new hires fail in 18 months, which being conservative means 4 out of every 10 new hires will fail.
Where else in your business would you routinely accept a 40% failure rate and do nothing about it?
The costs generated by bad hires may be routine, but they are far from innocuous!
In fact, they are downright frightening and pants wettingly scary!
We go to ridiculous lengths to ensure our clients get the right people that fit seamlessly into their new company, they perform excellently, are happy in their work and remain loyal for the long term.
We are pretty good at it too…
So much so that as standard we offer a 12-month replacement guarantee if for any reason one of our placements doesn’t make it.
If and when, you’re considering a senior commercial hire, perhaps we should talk?