Most employers have made bad hires, which have led to major negative impacts for those companies, according to a study from CareerBuilder.
Some of these negative consequences are losses in revenue, productivity declines, and poor employee morale and client relations, the survey found. Overall, 66 percent of U.S. respondents say a bad hire has cost them. In fact, 27 percent of U.S. respondents say one bad hire has cost at least $50,000.
"Making a wrong decision regarding a hire can have several adverse consequences across an organization," Matt Ferguson, CEO of CareerBuilder, said in a statement.
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