It is estimated that up to 75% of all hiring decisions result in a mis-hire. While most organizations look at the cost of a mis-hire they only consider the salary of the individual, but an estimation based solely upon salary doesn’t come close to what the true cost of hiring the wrong person is.
The true cost of a mis-hire must include all of the time and resources spent interviewing, training, and developing the new hire, as well as the opportunity cost of what a top performer would have achieved in the role.
Cost of healthcare
A good process is designed to be candidate-centric and attract the RIGHT people, not just screen out the WRONG people.
CMA Midwest will reduce this cost dramatically by using a scientifically proven assessment too that has construct validity. The MPO Assessment is one tool that matches candidates to the behaviors required to perform the job.
Hiring the right candidate can bring tremendous value to an organization. The opposite is also true.