phone icon
(410) 252-6900

The Cost of a Bad Hire

Finding a perfect candidate for a job is a steep task to face. The cost of a bad hire can end up costing more money and time than you can imagine. Here are a few facts about the consequences of a bad hire.

Perfect Candidate Gone Wrong

It is nearly impossible to find a “perfect” candidate for a job. Recruiters and Hiring Managers are settling for “good or great” candidates instead. There are a plethora of attributes that must be considered when interviewing candidates; Level of talent, education, work history, attitude, etc. Someone who does not fit in the company culture can cause issues for their own mental health, as well as other employees. A bad hire could drive members of the team to find another job, taking their skills and organizational knowledge away, possibly to the competition. As a Hiring Manager or Recruiter, be sure to have a “worse case scenario” plan if a bad hire does fall in your lap. Be prepared for direct, uncomfortable conversations when dealing with a bad hire. Honesty and transparency are both very important when dealing with this issue.

Monetary Loss

According to the Society for Human Resource Management (SHRM), it takes on average 42 days and $4,129 to fill a position. If you make a hiring mistake, you’re at risk of doubling those figures to find another person for the role (84 days and $8,258). The U.S. Department of Labor puts the cost of a bad hire at 30% of the employee’s first-year salary. Replacing roles in specific fields has different consequences as well. Replacing technical or management personnel can range from 150-200% of the person’s annual compensation.

Partner With Us

Sudina Search is Maryland’s Premier Boutique Search Firm. Sudina Search offers professionals an unparalleled level of service. With a team of dedicated and skilled recruiters, Sudina Search is dedicated to making your job search a personalized experience. We are a full-service recruiting firm that offers Temporary and Permanent placements in IT, Accounting, HR and Engineering fields. Visit our website at to learn more.