“If you are the smartest person in the room, then you are in the wrong room.”
The Cost of Hiring the Wrong Person
10
HIRING THE WRONG PERSON COSTS WHAT? How One Simple Pre-Employment Assessment Can Save You Thousands of Dollars © AcuMax Inc
-
Upload
acumax-inc -
Category
Leadership & Management
-
view
596 -
download
0
Transcript of The Cost of Hiring the Wrong Person
HIRING THE WRONG PERSON COSTS WHAT?
How One Simple Pre-Employment Assessment Can
Save You Thousands of Dollars© AcuMax Inc
THE COSTS OF HIRING THE WRONG EMPLOYEE: REPLACEMENT COSTS
Average cost to replace a U.S. worker is $17,000 Turnover costs for a manager average 150% of annual salary Costs and lost productivity for sales personnel may be > 200% of
annual salary © AcuMax Inc
Discharging an Employee Can Result in:
Rising unemployment tax rate liability Greater workers’ compensation exposure Increased filing of wage and hour claims Discrimination and wrongful discharge claims
THE COSTS OF HIRING THE WRONG EMPLOYEE: RISK & LIABILITY
© AcuMax Inc
THE COSTS OF HIRING THE WRONG EMPLOYEE: DAMAGED CUSTOMER RELATIONSHIPS
86% of customers who had a bad experience with a company will not do business with them again, but only 4% ever report that unsatisfactory experience.
40% of customers said improved interaction with staff was a main driver in them doing repeat business.
73% of customers stated they give up on a brand due to rude or incompetent service.
In any business, it costs 5 times more to get a new customer than it does to get
repeat business from a satisfied existing customer.
© AcuMax Inc
ACCEPTING HIRING MISTAKES AS PART OF
DOING BUSINESS IS LIKE POURING MONEY DOWN
THE DRAIN.
© AcuMax Inc
WHAT IF YOU HAD TO HIRE 10 PEOPLE JUST TO GET ONE THAT
WORKED OUT?
© AcuMax Inc
That was the experience of
one company - until…
THEY TRIED THE ACUMAX INDEX®
The Only Pre-Employment Assessment that Measures and Reports on Human Wiring.
THE RESULTS?
© AcuMax Inc
EVERY NEW HIRE WAS A GREAT MATCH FOR THE
POSITION“Since using the AcuMax survey, we are absolutely hiring
better people for our available positions – 100%”
Will Wallace, ManagerSAT Plating © AcuMax Inc
Consider how much it costs you to: Hire a new employee Train a new employee Discharge an employee Repair customer
relationships
EMPLOYEE PERSONALITY ASSESSMENTS DON’T COST MONEY –THEY SAVE MONEY
TRY A COMPLIMENTARY ACUMAX INDEX SURVEY.
© AcuMax Inc
(http://AcuMaxIndex.com/try-it)
• Reduce Employee Turnover • Improve Communication• Hire More Productive
Employees • Increase Engagement • Create a Company Culture • Groom Talent • Resolve Conflict • Improve Training• Reduce Employer Liability
ACUMAX IS MORE THAN A HIRING TOOL:
Contact Ed Fisher at 586-531-7551 or
Leaders Recommend AcuMax
© AcuMax Inc
For more information visit our website www.AcuMaxIndex.com
