{"id":21431,"date":"2017-06-21T10:54:28","date_gmt":"2017-06-21T10:54:28","guid":{"rendered":"https:\/\/glencallum.co.uk\/?p=21431"},"modified":"2017-06-21T10:54:28","modified_gmt":"2017-06-21T10:54:28","slug":"cost-recruitment-mistake","status":"publish","type":"post","link":"https:\/\/glencallum.co.uk\/cost-recruitment-mistake\/","title":{"rendered":"The cost of a Recruitment mistake!"},"content":{"rendered":"<p><a href=\"https:\/\/glencallum.co.uk\/cost-recruitment-mistake\/bad-recruitment\/\" rel=\"attachment wp-att-21432\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-21432\" src=\"https:\/\/glencallum.co.uk\/wp-content\/uploads\/2017\/06\/bad-recruitment-300x209.jpg\" alt=\"\" width=\"300\" height=\"209\" srcset=\"https:\/\/glencallum.co.uk\/wp-content\/uploads\/2017\/06\/bad-recruitment-300x209.jpg 300w, https:\/\/glencallum.co.uk\/wp-content\/uploads\/2017\/06\/bad-recruitment-768x534.jpg 768w, https:\/\/glencallum.co.uk\/wp-content\/uploads\/2017\/06\/bad-recruitment-705x490.jpg 705w, https:\/\/glencallum.co.uk\/wp-content\/uploads\/2017\/06\/bad-recruitment-450x313.jpg 450w, https:\/\/glencallum.co.uk\/wp-content\/uploads\/2017\/06\/bad-recruitment.jpg 1000w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<h3>What is the cost of a bad hire?<\/h3>\n<h3>Are employers aware of the financial impact to their business?<\/h3>\n<p>A recent study by the <strong>REC (Recruitment and Employment Confederation)<\/strong> states that 85% of HR professionals admit their business has made poor hiring mistakes.<\/p>\n<p>The key findings of the report:<\/p>\n<ul>\n<li>33% of HR professionals believe hiring mistakes cost the business nothing. <em>(We say thank goodness for the other 67%!)<\/em><\/li>\n<li>\u00a3132,000 is the calculated cost of a poor recruitment hire at mid-manager level.<!--more--><\/li>\n<li>Costs to be aware of &#8211; training costs, salary, recruitment costs, lost productivity, etc <em>(We also believe there is a cost to the company\u2019s reputation) <\/em><\/li>\n<li>39% of employers admit to improvements being needed with regards to their recruitment processes i.e., interviewing and assessment. <em>(We are always happy to advise!)<\/em><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>With the current economic climate and the continued difficulties with regards to the labour market and the availability of talent, this report comes as an alert to companies who are making mistakes with their hiring.<\/p>\n<p><em>Maybe partnering with a specialist recruitment consultancy, suited to your business is the way to go! <\/em><\/p>\n<p><strong>For the full report please view via the REC website.<\/strong><\/p>\n<p><strong><a href=\"https:\/\/glencallum.co.uk\/cost-recruitment-mistake\/gca-june-2017\/\" rel=\"attachment wp-att-21433\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-21433 alignleft\" src=\"https:\/\/glencallum.co.uk\/wp-content\/uploads\/2017\/06\/GCA-June-2017-300x105.png\" alt=\"\" width=\"300\" height=\"105\" srcset=\"https:\/\/glencallum.co.uk\/wp-content\/uploads\/2017\/06\/GCA-June-2017-300x105.png 300w, https:\/\/glencallum.co.uk\/wp-content\/uploads\/2017\/06\/GCA-June-2017-450x157.png 450w, https:\/\/glencallum.co.uk\/wp-content\/uploads\/2017\/06\/GCA-June-2017.png 666w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Glen Callum Associates<\/strong> is a member of the REC and has been advising and assisting companies on their recruitment methods for the past 18 years.\u00a0 For help with your recruitment methods don\u2019t hesitate to contact our professional and friendly team on 01384 485274.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is the cost of a bad hire? Are employers aware of the financial impact to their business? A recent study by the REC (Recruitment and Employment Confederation) states that 85% of HR professionals admit their business has made poor hiring mistakes. The key findings of the report: 33% of HR professionals believe hiring mistakes [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":21432,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[6219,6220,6217,6218,6216],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Financial impact of bad recruitment<\/title>\n<meta name=\"description\" content=\"What is the cost of a bad hire? 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