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H OW M U C H C A N A BA D H I R E CO S T YO U R F R A N C H I S E ?

T H E A N ATO M Y O F A BA D F R A N C H I S E H I R E

277,951+ franchise employees

hired in 2015

of businesses admit they’ve made a bad hire

every year

of franchise owners/hiring managers find it challenging to recruit

skilled applicants

of businesses said a bad hire cost them a minimum of $25,000

of businesses said a bad hire cost them as

much as $50,000

1/10new hires turns out to

be a bad hire

Meaning roughly 27,795 new franchise employees were labeled a bad hires in 2015

P O O R P E R F O R M A N C E

P O O R S K I L L S M A T C H

P E R S O N A L I T Y C L A S H

C U L T U R E G A P

U N A B L E T O G R A S P J O B O B J E C T I V E S

95% 91% 41% 25%

H OW T H E DA M AG E B R E A K S D OW N

H OW TO CO M BAT BA D H I R E S FO R YO U R F R A N C H I S E S ?

L O S T P R O D U C T I V I T Y

2 T I M E S P E N T R E C R U I T I N G A N D T R A I N I N G A N E W E M P L O Y E E

3 E X P E N S E O F R E C R U I T I N G A N D T R A I N I N G

4 N E G A T I V E I M P A C T O N M O R A L E

I N C O R P O R A T E H I R I N G

T E C H N O L O G Y T O D A Y :

A Hiring Process Can Serve To:

Reduce Time-to-Hire

Decrease Cost-per-Hire

Increase Quality of Hires

Introduce Data-Based Hiring

Provide a Transparent Process

Let Hireology help you find the right people for your franchise system!

L E A R N M O R E

SOURCES:

http://emarket.franchise.org/FranchiseOutlookJan2016.pdfhttp://www.fastcompany.com/3028628/work-smart/infographic-how-much-a-bad-hire-will-actually-cost-you#2

http://b2b-assets.glassdoor.com/the-true-cost-of-a-bad-hire.pdfhttp://www.bls.gov/oes/current/naics4_441100.htm

http://www.eremedia.com/fordyce/companies-outsource-recruiting-for-hiring-speed/