Best Practices for Employee Due Diligence in the Financial Services Industry
Sterling Check
AUGUST 23, 2018
Vetting new hires is important for any position, especially within the financial services industry. 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. Lost productivity.
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