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What are the costs of acquiring the wrong talent in terms of HR Talent Management?

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Question added by Saiful Islam Hiron , Site HR Manager , Handicap International
Date Posted: 2014/11/29
Mohd Asif Ansari
by Mohd Asif Ansari , HR Administrator , Al Nasseej Al Arabi Factory Co. Ltd.

The cost implications of recruiting the wrong person are extremely high: recruitingcosts a company approximately25% in basic annual salary of the employee, plus the cost of time spent interviewing the candidate and then the cost of making them redundant.

As Saleh
by As Saleh , Recruitment Manager , Saudi House Recruitment

The cost of employee exit

The cost of finding alternative

The period between the exit and the new

Training

-Based businesses

Customer losses

 

These losses are priceless and it is difficult to compensate employee has strong customer relationships that serve the company

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