If you have ever had to hire for people for your management team, you know how painful a process it can be. If you run a business, you know how much employee turnover can hurt your bottom line. Nearly 57% of all companies and organizations say they think this is a real problem. As many as 22% of people who start new jobs will leave those positions within 45 days. The reasons organizations give for this issue range from poor performance to issues surrounding temperament. When the wrong person is hired for a position, the Department of Labor estimates can cost an organization anywhere between 30 and 150% of the new hire’s salary. When you are looking to hire someone for a management role, your best bet really is to go to an executive placement agency.
- You will get top notch candidates