The cost of recruitment mistakes

A recruitment agency that secures its clients financially if the candidate (ref.) is not approved for the job during the probationary period shows a true HR partnering spirit that is part of a success dynamic.

A mistake made because the recruitment was based on a candidate’s recommendation (the famous word of mouth…) or on pure subjectivity, the instinct associated with the term “feeling”, which should be banned from any HR vocabulary that tends to justify recruitment, can dramatically impact the human resources of a company.

Professional competence cannot be measured by a subjective impression a candidate makes in a professional interview (the famous halo effect…).

Only a thesis based on facts, arguments and evidence gives credibility to an analysis of professional competence

A hiring error can be costly in the short term and a real industrial disaster for a company in the medium and long term.

The cost of a recruitment mistake is estimated to be two to four times the new employee’s annual salary.

If an employee is hired with an annual salary of 50,000 euros including charges, it will cost five hundred thousand euros over ten years or one million euros over twenty years.

The higher the candidate’s hierarchical level, the more expensive the mistake.

It is also very expensive in the long run, because the employee who does not meet the company’s standards will have to be dismissed sooner or later – with the associated costs.

On a human level, the consequences are also dramatic, as the recruitment mistake will destabilise part of the organisation.

Repeated recruitment errors will be detrimental to the managers who make them.

They cause them to lose their credibility as a leader with their teams, a credibility that is built on the art of surrounding yourself with the best talent.

Selecting a candidate is not a neutral act without consequences, it represents a strong commitment to the person making it.

A hiring interview is an intellectual process that must respect a precise methodology, a time frame, a strict code of ethics and great intellectual honesty.

Erreur de recrutement
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