Ep. 10: True Costs of Hiring Employees

Hiring new employees costs businesses money, from the downtime of having a vacancy, to the people who are involved with spending their time trying to fill the position by screening and hiring a new candidate.

Hiring employees who don't work out can cost up to 10% of that employee's annual salary, so it's crucial that when you hire someone, you go through all the necessary steps to ensure it's done right the first time.