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Tag : hiring challenges

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6 Strategies to Improve Your Hiring Process

You need to hire – which means you’re growing (awesome) , you lost a great employee to a competitor (not so great) or the person you had hired for the role just wasn’t the right fit (painful). Turnover, for whatever reason, is one of the most dreaded things in any organization. Losing a valued employee to another company or having to replace a hire that didn’t work out can be extremely costly, with many studies calculating the cost at 1.5-2x the departing person’s yearly salary. How can losing a single employee be this expensive? Here’s just a few of the costs associated with turnover…