8 COMMON REASONS WHY YOU HIRE BAD?
Desperation
There are many reasons a company hires bad employees and on top of it is desperation. When a company empties or creates key positions, candidates are usually required as quickly as possible to fill in those positions. Through desperation comes hastiness that leads to carelessness and bad judgments.
Inadequate Screening
When a company does not have a proper screening process for all the incoming applications, it'll require more time, money and skills to yield the desired results.
Lack of Hiring Skills
Asking the right questions will yield the correct answers and not only that the candidates must possess all the skills required, but the recruiters also must know what you are looking for in a hire to score a good one.
Poor Analysis
You are hiring for a specific position that you have less knowledge about, but your company needs it. How do you do it? Bad hires occurred when the recruiters did an inadequate analysis of job functions, the skill sets required and the behaviours needed for that particular job.
Fail to Check References
Believe it or not that many recruiters overlooked this step because they want to believe that nobody forges, oversells or lies during an interview. Checking references requires time and efforts, which many are reluctant to do, a decision that risks the company in the end.
Second Opinion Matters
Bad hires often happen because a recruiter thought that he/she had made a decent decision. However, taking a second opinion or a third could show you sides that you couldn't see during the recruitment process.
Exaggerate Expectations
When you oversell what you have and didn't deliver when the hires report to work, that's when things go downhill. You could lose good employees over this, and the company will suffer as a result.
Lackluster Recruiters
Appointing recruiters that are not enthusiastic about recruiting new talents because the job has become a mundane job could be a factor for bad hires.
The Cost Of Bad Hires
When you lose one recruit, or you have to deal with a bad hire, it costs your company more than money. Bad hires could disrupt the whole company ecosystem if they are not managed or get rid of quickly. Amazon's CEO Jeff Bezos introduced the "Pay to Quit" program, offering the uninitiated and the uninspired employees to leave the company by paying them money. It sounds utterly ridiculous, but the honest reality is, keeping bad hires are costing your company more money than saving it. What could be damaging about bad hires?
Disengagement
Having employees who are not excited about the company's visions and goals are damaging because they will produce shoddy jobs that could cause an imbalance in the company because when the excellent staff will have to pick up the slack and burn out in the end.
Effect the Company Culture Negatively
Bad hires usually have various qualities that are not preferred by any company such as bad-mouthing management, playing politics, creating conflict and many more. When a few bad apples disrupt the company culture, to get that harmony back will take time at the expense of everyone.
Lost Productivity
Bad hires are causing the company to lose productivity when the positions are left unattended, and while waiting for the recruit to report to work. The lost productivity is costly, especially when it involves critical areas.
Lost Time
Recruiting new employees for any position requires time. While some jobs might take more time than another post, the common disadvantage is the lost time incurred during the recruitment process.
Recruitment Expense
There is a price tag for every recruitment process and the longer it takes to secure a position, the higher the price of recruitment will be, and if all the methods failed to produce the desired candidate, the company loses.
Training Expense
Every new employee needs to train appropriately to enable him/her to perform as per the company's expectation. All training provided are expenses, and when someone leaves or not performing as expected, the company has to bear the consequences.
Morale
Having bad hires is not only affecting the company culture, but it also dampens employee morale when they have to deal with the absence of a particular position that affects their task flow.
