The Costs of a Bad Hire1. © 2016 Robert Half International Inc. An Equal Opportunity Employer M/F/Disability/Veterans.
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of small business
owners have made
a wrong hire
Poor hires do more than drain your time and energy – they disrupt your
business in multiple ways. The effects can be even greater for small companies.
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THE COSTS OF A BAD HIRE
CAN BE BIG FOR SMALL AND
MIDSIZE BUSINESSES
of small business
owners have settled for
a candidate who was
not as qualified as
they would have liked
56% 62%
2. © 2016 Robert Half International Inc. An Equal Opportunity Employer M/F/Disability/Veterans.
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1.855.993.2469
LOST TIME YOU CAN’T GET BACK
estimate wasting more than 50 hours
hiring the wrong person
of small business owners who
have hired the wrong person
experienced a loss of time
34%
69%
Source: Monster.com
3. © 2016 Robert Half International Inc. An Equal Opportunity Employer M/F/Disability/Veterans.
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1.855.993.2469
OTHER IMPACTS OF A BAD HIRE
Source: Monster.comSource: Robert Half
The biggest impacts of a
bad hiring decision are
lower staff morale (38%),
lost productivity (36%) and
monetary cost (25%)* Frustrated Stressed Discouraged
Small business owners who have hired the wrong
person before feel:
36%47%73%
* According to CFOs at companies
with 20 to 49 employees
4. © 2016 Robert Half International Inc. An Equal Opportunity Employer M/F/Disability/Veterans.
roberthalf.com
1.855.993.2469
of small business owners say the
hiring process is time-consuming
wish they had help finding the
right person for the job
are currently hiring an outside
service to help them recruit
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?
?
89%
61%
11%
USE TIME WISELY TO AVOID BAD HIRES
Source: Monster.com
The bottom line? Bad hires can happen to even the best small and
midsize companies. But there are ways to reduce the chances of
getting burned or losing out on good candidates by moving too slowly.
5. © 2016 Robert Half International Inc. An Equal Opportunity Employer M/F/Disability/Veterans.
roberthalf.com
1.855.993.2469
For advice and resources
that can help take the
pain out of hiring, visit
roberthalf.com/smb.