If you have employees I am sure that you have at least once made a bad hire.I know that it has happened to me.The key is to make sure that you have systems in place and that you do background checks.I even know of situations (this is plural) where employers have hired employees that have been fired because they were dishonest.
The costs of a bad hire are staggering. A recent survey by Career Builder reports more than two-thirds of employers were affected by a bad hire last year, according to AOL Jobs. Of nearly 2,700 employers surveyed, 41% estimate a single bad hire cost $25,000; a quarter estimate a bad choice cost $50,000 or more — not to mention the demoralizing effect of the issue on other employees and on the new hire. Losing a job is one of the most stressful events a human can experience.
Remember to do your homework.
