The Bureau of Labor Statistics estimates the cost of a bad hire at billions of dollars to the US economy. It is not just the financial cost, though; a previously strong team can also lose productivity, morale, and time in mitigating bad decisions taken by wrong hires.
These issues can be avoided with a robust candidate vetting framework. With a reliable vetting system during recruiting, bad hires are reduced considerably. By extension, this means more successful placements and a better reputation for the recruiter, agency, or talent acquisition specialist. Here, we share key strategies on vetting candidates to secure a strong hire for your client.