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The Cost of a Bad Hire

Advertising
This section covers the advertising portion of recruiting costs.
Number of ads placed
Price per ad $
Administrative Costs
These costs cover admin time involved with hiring.
Hours spent hours
Administrative Asst. annual salary $
Candidate Travel Costs
Includes costs associated with bringing new candidates in to interview.
Number of trips
Average cost of nightly lodging $
Average cost of airfare $
Interview Costs
These are the costs associated with interviewing new candidates, including the value of your time.
Number of interviewers
Average annual salary of interviewers $
Length of interviews minutes
Lost Productivity/Hidden Costs
Open position annual average salary (dollars)
Training/Orientation
Number of months spent in training/orientation
Relocation (if applicable)
Cost of relocation (dollars)
Expense
The total cost shown below represents that cost of making a single bad hire. This cost doesn't even include costs associated with interviewing other candidates or having to go through the hiring process multiple times!
Total Cost


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