If you’ve got a positon that needs filling urgently it can be tempting to hire the first seemingly suitable candidate that comes your way. But as many businesses now know only too well from past experience, bad hires are bad news.
The cost of a bad hire is not only identifiable in fiscal terms, for instance the amount of money they cost you directly, as the knock-on effects from a single bad hire can affect many aspects of your business and they can knock your business for six.
With some businesses claiming as many as one in five of their hires as a bad hire, there’s roughly a 20 percent chance that the next person you hire could be a major mistake, one that hits your business where it hurts, namely your bottom line.
However, if you hire through an IT recruitment agency, one with experience and a proven track record of delivering suitable candidates, that percentage drops down significantly. As a result, if you need to hire new IT specialists urgently, go through a specialist IT recruitment firm that you can rely upon to provide you with top talent.
Here are five reasons to avoid bad hires by working with a recruitment agency.
- The cost of a bad hire average 30% of their first-year salary
- 66% of employers say they’ve been affected negatively by bad hires
- 43% of employers blame the need to fill positions quickly for the bad hire
- 25% of companies can cite a bad hire that cost them more than $50,000
- Bad hires can impact negatively upon your staff and increase turnover rates
There’s no denying that bad hires are bad news for businesses, so don’t take any chances on someone who might prove to be a ‘toxic hire’, the kind of person who damages your business in so many ways that your organization is never able to fully recover from the experience.
With an abundance of experienced IT recruitment agencies in Australia, there’s no need to ‘hire blind’, as you have access to screening processes, the experience of recruitment specialists and all the other perks of working with a recruitment agency.
Working with an experienced IT recruitment agency with a proven track record will help you to avoid bad hiring decisions, and the knock-on effects of that are terrific in every way. Not only will you avoid the problems associated with bad hires, but you’ll also benefit from:
- The option of taking on the contract or temporary workers
- Access to temporary workers to cover absent staff
- Screening processes that can weed out bad hires
- Access to recruitment advice when you need it
- Access to a broad pool of talented individuals
Bad hires are bad news for all businesses, especially startups that can’t absorb the cost of a bad hire like more established businesses are able to. To avoid bad hires and access the talented individuals that your business organization needs, contact an IT recruitment agency today.