Best Practices for Employee Due Diligence in the Financial Services Industry
Sterling Check
AUGUST 23, 2018
The formula is: Hiring Costs + Total Compensation + Cost of Maintaining Employee + Disruption Costs + Severance + Mistakes, failures and missed business opportunities equals a bad hire cost of $840,000 in this example. Vetting new hires is important for any position, especially within the financial services industry. Lost productivity.
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