The Cost of a Bad Hire: Why Strategic Recruiting Saves You Money

Hiring isn’t just about filling seats—it’s about finding the right person for the role. Because when the wrong person lands in the right seat, the real cost begins.

How Much Can a Bad Hire Really Cost You?

Studies show a bad hire can cost your business 30% of that employee’s annual salary—or even more.

Think of what you lose:

• Wasted salary and benefits

• Decreased team morale

• Lost productivity

• Additional training and rehiring expenses

Why Most Hiring Processes Fail

Many companies rush the hiring process, relying solely on resumes and interviews. But that approach doesn’t reveal:

❌ Work ethic
❌ Cultural fit
❌ Long-term potential

How Prospect Helps You Hire (and Keep) the Right People

We combine data-driven screening with human insight to ensure every candidate is aligned with your company’s goals and values.

Our recruiting and retention strategy includes:

✅ Role profiling
✅ Behavior-based screening
✅ Onboarding support
✅ Retention tracking and engagement planning

It’s Not Just Who You Hire—It’s How You Keep Them

The hiring process doesn’t end with the offer letter. Retaining top talent means investing in:

• Growth opportunities

• Culture alignment

• Feedback systems

• Recognition and engagement

Ready to Build a Stronger Team?

At Prospect, we help businesses hire better and retain longer. It’s not just about saving money—it’s about building a team that thrives.

👉 Start recruiting smarter at prospecthelp.com

Get the people who grow your business—not slow it down.