The Hidden Costs of a Bad Hire

SHRM 2013 Talent Management Conference
The Hidden Costs of a Bad Hire
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Workplace Application: Learn about the five pitfalls caused by a bad hire, as well as three strategies to avoid them, to ensure you hire and retain the right talent.

Turnover can be very costly, from the money wasted on hiring the wrong candidate to the time and actual cost-per-hire expenses. While these costs are significant, the real loss to your organization is the hidden cost of retaining the bad hire. This session examines the dramatically negative impact bad hires have on an organization and how to prevent these situations from occurring in the first place. You will learn what a “rehire rating” is and how to determine whether an employee's rehire rating is negatively affecting your organization. This session will also show how to determine if your recruiting processes are connected with hiring the wrong candidates. 

Date(s) & Time(s): 
Monday, April 15, 2013 - 10:45am to 12:00pm
Presenter: 

Greg Moran

Greg
Moran

 

Utilizing more than a decade of human capital management, sales and leadership experience, Greg Moran is President and CEO of Chequed.com. Greg is also author of Building the Talent Edge: A Field Managers Guide to Recruiting the Best (Spring 2005) and Hire, Fire and The Walking Dead (June 2006, W Business Books).

He is a rising thinker in the field of human capital management, having been quoted in numerous national publications including Business Week, The Wall Street Journal, and Inc. Magazine.

Location: 
South Pacific Ballroom AB
Amount of Credit: 
1.25
Credit Type: 
HR Credit
Session Type: 
Concurrent Session
Competency: 
Consultation
Critical Evaluation
Intended Audience: 
Senior-Level
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