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The Costs of Bad Hiring Decisions and How To Avoid Them

The Costs of Bad Hiring Decisions and How To Avoid Them


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About the Book

The average cost of a bad hiring decision can be one-third of the annual salary if the decision is discovered and corrected within the first six months that the new employee is on the job. If discovered later, the costs go up. Add legal fees and possible out-of-court settlements, and the numbers increase. A bad hiring decision is a bad investment, one that all organizations try to avoid. In fact, the point can be made that bad hiring decisions escalate the longer the decision is not addressed or goes unnoticed. Costs can be attributed to the added expense of training replacements, the inefficiency replacements bring to the job during the learning process, fees paid to recruitment agencies, travel and advertising expenses, interviewers' salaries and benefits, and much, much more. The Costs of Bad Hiring Decisions and How to Avoid Them is loaded with practical, easy-to-read, and understandable tips for making sound and defensible hiring decisions. Avoid poor choices that drain profits from your company or agency. Keep your employment choices healthy and profitable. Don't hire arbitrarily. Avoid hiring on gut reaction alone. Your budget can't afford a devastating blow. From deciding what you're looking for in a candidate, to extending a job offer verbally and in writing, this book will prove to be a valuable resource.

Table of Contents:
PART 1: PREPARE TO SEARCH Chapter 1 Approach Vacancies Conservatively Chapter 2 Lay the Foundation Chapter 3 Make Advertising Work Chapter 4 Stretch Beyond Traditional Recruitment Methods Chapter 5 The Value of Agencies Chapter 6 Prepare Questions in Advance PART 2: SCREENING Chapter 7 Evaluate What You See and Hear Chapter 8 Pre-employment Testing PART 3: THE INTERVIEW Chapter 9 Set the Stage Chapter 10 Open the Interview Chapter 11 Fine Tune Your Skills Chapter 12 Close the Interview PART 4: REFERENCES Chapter 13 Get References to Open Up Chapter 14 Other Important Ideas PART 5: MAKING THE FINAL DECISION Chapter 15 "Don'ts" to Consider Before You Decide Chapter 16 "Do's" to Remember Index


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Product Details
  • ISBN-13: 9781574440270
  • Publisher: Taylor & Francis Ltd
  • Publisher Imprint: St Lucie Press
  • Height: 229 mm
  • No of Pages: 272
  • Returnable: N
  • Width: 152 mm
  • ISBN-10: 1574440276
  • Publisher Date: 15 Feb 1996
  • Binding: Paperback
  • Language: English
  • No of Pages: 272
  • Weight: 372 gr


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