Kas Luksa, Client Development Manager, Rubicon Recruitment Group, answers your questions.

What’s the real cost of hiring badly?

Hiring is probably THE most important of all growth strategies any business will undertake and it’s also one of the most costly and problematic when it goes wrong.

The more transparent and obvious costs are simple to track and often include: Recruiters fees, Job Board/Advertising fees and Induction Training but these are negligible compared to the hidden costs.

Those hidden costs usually fall within categories with implications on: productivity, reputation, staff morale, diversion of internal resource and customer service delivery.

Does your industry (the recruitment industry) have a Rule of Thumb financial figure for bad hires?

The Recruitment & Employment Confederation calculates that a poor hire at mid-manager level will typically cost a business more than three times the annual salary.

How can businesses get it right?

By getting things right during the four key recruiting stages.

These are:

1. Accurately identifying hiring needs and the role

2. Effective candidate attraction

3. Appropriate selection

4. Appointing and inducting properly.

The most common mistakes hiring businesses/managers make can be avoided completely when they are supported through each stage by professionals who do this for a living.

• Rubicon continue to support a wide range of businesses with their immediate recruitment needs as well as providing permanent staff, contractors and temps to a wide range of business in and around Dorset and Hampshire. If you need help, as an employer, a temp worker, a contractor and/or as a potential applicant for a permanent job, then please get in touch by calling 01202 680311 or emailing [email protected]
• rubiconpeople.co.uk