Majority of HR directors have made a poor hiring decision
Almost three quarters of HR directors (70 per cent) admit they have made at least one bad hiring decision in the past, a new survey by Robert Half UK has revealed.
One in ten new recruits is classed as a mistake, indicating that employers are not doing enough to vet their applicants. The cost of a bad hire can be high too – more than half of HR directors (52 per cent) state that productivity is the biggest loss they experience if an employee ends up not meeting their expectations.
Nearly a third (30 per cent) notes that staff morale drops too, whilst 17 per cent said they lose money, reports roberthalf.co.uk. Financially, not only does the employer lose the money spent on the worker’s salary and the cost of training them, the employee’s performance and the negative impact they have on others in the workplace can result in big losses. If the employer wants to replace underperforming staff members with someone more suited to the role, they’ll have to pay out again in order to find and hire someone new.
Robert Half recommends recruiters should avoid depending on the internet too much to screen potential employees, reports thehrdirector.com. Phil Sheridan, UK managing director at the recruitment firm, noted that every employee has an impact on a businesses’ success.
“To minimise the risk of a bad hire, employers need to continuously evolve their recruiting processes, ensuring they have the right people and practices in place to identify and secure the most sought after candidates,” he explained. “Businesses should also ensure they work closely with the HR department and a specialised recruiter to establish a robust recruitment strategy.”