Many businesses have admitted that the ongoing talent shortage has caused them to make a poor hiring decision over the last 12 months.
According to the Robert Half report, as many as 61% of respondents felt that settling for a candidate whose skills did not match the role requirements was the main component in employing a bad hire, closely followed by rushing the hiring process (56%).
With the urgency from businesses to recover losses and accelerate growth strategies, 70% of firms agree that the impact of making a bad hire is worse than it was 12 months ago. As many as 82% of SMEs reported increasingly severe negative impacts.
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Email JaimeMatt Weston, Senior Managing Director for the UK, Ireland, UAE and BeNeLux, said, “Every company, regardless of its size, industry or sector, depends on its employees to achieve its objectives, which means maintaining a productive workforce and hiring skilled talent that adds value to the team. With this in mind, making a bad hire can have serious implications, as the time and expense taken to recruit and onboard a new employee can feel like wasted time and effort when it doesn’t work out.
“Bad hires tend to happen when businesses are unable to take the time required to plan a process, assess candidates and do their due diligence, which leads to rushed decisions and making the wrong compromises, especially in today’s tight market.”
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