When was the last time you watched an employee hired by you walking out abruptly on the company, or even worse, getting fired? Not very long ago, right? Were you made to feel accountable and criticized by your higher-ups for the poor hiring decision made by you, or least embarrassed in a forum?
The cost of a bad hire can reach up to 30 percent of the employee’s first-year earnings. Not to mention the endless managerial hours and duress of having to monitor their work and behavior. Getting good results from a bad hire is simply not the kind of challenge that managers want thrown their way, given its toxic nature.