If so, then you know the consequences are damaging and far-reaching.
Analysts have determined that wrong hires can cost 15 times their base salaries.*
This means a $100,000 position filled with the wrong employee can end up costing your company $1.5 million.
Acquisition Intelligence has created a unique, human-driven methodology that acquires the intelligence necessary for companies to make informed and validated hiring decisions.
Applying over two decades of recruiting expertise and hiring successes, we conduct extensive, highly customized interviews with credible and relevant individuals who know the prospective hire best.
Investing in this intelligence to determine whether a prospective hire is who you think they are is as essential to a hiring process as conducting the interview.
Cutting corners, or delegating this initiative to someone lacking the requisite qualifications, is flirting with disaster.
* Source: Who by Geoff Smart and Randy Street
Costs of Hiring Mistakes
External recruiting fees
Internal recruiter time & cost
Hiring manager time
Team time interviewing
All the costs of hiring
Total compensation paid
Benefits & COBRA
Impact on Unemployment Tax Rate
Potential legal fees
Repeat of hiring process
Managers’ & co-workers’ time
Damage to employee morale
Lost customers or revenues
Lost efficiency while position is open
Reasons for Wrong Hires
Need to fill position quickly Hiring manager settles Unclear performance objectives Inadequate reference checks Wrong culture fit Candidate presents misleading info Candidate lacks optimal skill-set
Acquisition Intelligence is a nationwide HR consulting firm.
Our methodology minimizes the risk of hiring mistakes and protects your bottom line by ascertaining whether the competencies and personality traits of a prospective hire match both the role your hire will assume and the culture of your organization.