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HIRING THE WRONG PERSON
COSTS WHAT?
How One Simple Pre-Employment
Assessment Can Save You
Thousands of Dollars © AcuMax Inc
THE COSTS OF HIRING THE WRONG EMPLOYEE:
REPLACEMENT COSTS
 Average cost to replace a U.S. worker is $17,000
 Turnover costs for a manager average 150% of annual salary
 Costs and lost productivity for sales personnel may be > 200% of
annual salary
© AcuMax Inc
Discharging an Employee Can Result in:
 Rising unemployment tax rate liability
 Greater workers’ compensation exposure
 Increased filing of wage and hour claims
 Discrimination and wrongful discharge claims
THE COSTS OF HIRING THE WRONG EMPLOYEE:
RISK & LIABILITY
© AcuMax Inc
THE COSTS OF HIRING THE WRONG EMPLOYEE:
DAMAGED CUSTOMER RELATIONSHIPS
 86% of customers who had a bad experience with a company will not do business with
them again, but only 4% ever report that unsatisfactory experience.
 40% of customers said improved interaction with staff was a main driver in them doing
repeat business.
 73% of customers stated they give up on a brand due to rude or incompetent service.
In any business, it costs 5 times more to get a
new customer than it does to get repeat
business from a satisfied existing customer. © AcuMax Inc
ACCEPTING HIRING MISTAKES AS
PART OF DOING BUSINESS IS LIKE
POURING MONEY DOWN THE DRAIN.
© AcuMax Inc
WHAT IF YOU HAD TO HIRE 10 PEOPLE
JUST TO GET ONE THAT
WORKED OUT?
© AcuMax Inc
That was the experience of
one company - until…
THEY TRIED THE ACUMAX INDEX®
The Only Pre-Employment Assessment that Measures
and Reports on Human Wiring.
THE RESULTS?
© AcuMax Inc
EVERY NEW HIRE WAS A GREAT
MATCH FOR THE POSITION
“Since using the AcuMax survey, we are absolutely hiring better
people for our available positions – 100%”
Will Wallace, Manager
SAT Plating © AcuMax Inc
Consider how much it
costs you to:
 Hire a new employee
 Train a new employee
 Discharge an employee
 Repair customer
relationships
EMPLOYEE PERSONALITY ASSESSMENTS
DON’T COST MONEY –THEY SAVE MONEY
TRY A COMPLIMENTARY ACUMAX INDEX SURVEY.
© AcuMax Inc
(http://AcuMaxIndex.com/try-it)
• Reduce Employee Turnover
• Improve Communication
• Hire More Productive
Employees
• Increase Engagement
• Create a Company Culture
• Groom Talent
• Resolve Conflict
• Improve Training
• Reduce Employer Liability
ACUMAX IS MORE THAN A
HIRING TOOL:
Contact Ed Fisher at 586-531-7551 or
EdFisher@AcuMaxIndex.com
Leaders Recommend AcuMax
© AcuMax Inc
For more information visit our website
www.AcuMaxIndex.com

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The Cost of Hiring the Wrong Person

  • 1. HIRING THE WRONG PERSON COSTS WHAT? How One Simple Pre-Employment Assessment Can Save You Thousands of Dollars © AcuMax Inc
  • 2. THE COSTS OF HIRING THE WRONG EMPLOYEE: REPLACEMENT COSTS  Average cost to replace a U.S. worker is $17,000  Turnover costs for a manager average 150% of annual salary  Costs and lost productivity for sales personnel may be > 200% of annual salary © AcuMax Inc
  • 3. Discharging an Employee Can Result in:  Rising unemployment tax rate liability  Greater workers’ compensation exposure  Increased filing of wage and hour claims  Discrimination and wrongful discharge claims THE COSTS OF HIRING THE WRONG EMPLOYEE: RISK & LIABILITY © AcuMax Inc
  • 4. THE COSTS OF HIRING THE WRONG EMPLOYEE: DAMAGED CUSTOMER RELATIONSHIPS  86% of customers who had a bad experience with a company will not do business with them again, but only 4% ever report that unsatisfactory experience.  40% of customers said improved interaction with staff was a main driver in them doing repeat business.  73% of customers stated they give up on a brand due to rude or incompetent service. In any business, it costs 5 times more to get a new customer than it does to get repeat business from a satisfied existing customer. © AcuMax Inc
  • 5. ACCEPTING HIRING MISTAKES AS PART OF DOING BUSINESS IS LIKE POURING MONEY DOWN THE DRAIN. © AcuMax Inc
  • 6. WHAT IF YOU HAD TO HIRE 10 PEOPLE JUST TO GET ONE THAT WORKED OUT? © AcuMax Inc That was the experience of one company - until…
  • 7. THEY TRIED THE ACUMAX INDEX® The Only Pre-Employment Assessment that Measures and Reports on Human Wiring. THE RESULTS? © AcuMax Inc
  • 8. EVERY NEW HIRE WAS A GREAT MATCH FOR THE POSITION “Since using the AcuMax survey, we are absolutely hiring better people for our available positions – 100%” Will Wallace, Manager SAT Plating © AcuMax Inc
  • 9. Consider how much it costs you to:  Hire a new employee  Train a new employee  Discharge an employee  Repair customer relationships EMPLOYEE PERSONALITY ASSESSMENTS DON’T COST MONEY –THEY SAVE MONEY TRY A COMPLIMENTARY ACUMAX INDEX SURVEY. © AcuMax Inc (http://AcuMaxIndex.com/try-it)
  • 10. • Reduce Employee Turnover • Improve Communication • Hire More Productive Employees • Increase Engagement • Create a Company Culture • Groom Talent • Resolve Conflict • Improve Training • Reduce Employer Liability ACUMAX IS MORE THAN A HIRING TOOL: Contact Ed Fisher at 586-531-7551 or EdFisher@AcuMaxIndex.com Leaders Recommend AcuMax © AcuMax Inc For more information visit our website www.AcuMaxIndex.com