A lot of time and effort goes into recruiting candidates in Santa Fe, so it can be particularly disheartening when it turns out the wrong decision was made. Bad hires are not only frustrating, but they can have expensive consequences. Find out more about the cost of a bad hire and how to avoid it in Santa Fe:
Additional Expenses
Replacing a bad hire can cut into your bottom line with additional expenses. This can include costs related to recruiting, such as advertising, paying for recruitment services, and background screenings, as well as any expenses associated with training a new hire.
Lost Productivity
Bad hires also have a high cost due to the lost productivity associated with them. From the reduced efficiency in the event of subpar performance while still employed to being understaffed during the time the position is vacant, it can disrupt your operations and slow down your workflow.
Morale
The costs of a bad hire can also be subtle but detrimental, such as how it can negatively impact morale, which can then result in a decline in engagement, job satisfaction, and performance. When your employees have to work with a bad hire who is not a satisfactory performer, it likely causes them to have an additional workload and accompanying stress. This can then continue as they have to pick up the slack when you are understaffed.
How to Avoid Bad Hires in Santa Fe:
An experienced staffing firm can help you avoid bad hires so you don’t have to deal with the costly and stressful fallout. The Hire Firm can improve your hiring outcomes with our expertise and quality service. With nearly 30 years of experience, The Hire Firm is able to vet prospective candidates effectively, spot red flags, and work with you to evaluate potential hires to ensure they align with your company’s unique needs.
Land Qualified Candidates in New Mexico
Find employees who will be the right fit for your business by working with The Hire Firm for your New Mexico staffing needs. With nearly three decades of experience in recruitment and staffing in New Mexico, The Hire Firm is dedicated to connecting you with the candidates who will succeed long term. Contact us today to learn more about our employer services.