Business Capability Platform for Hiring Right!

Hire smarter, not harder: The power of Capability-Driven Assessments

Impact of a wrong hire

Making a bad hiring decision can have a significant impact on your company. Here are 3 research-backed facts you must know:

Financial consequences

The average cost to replace an employee is six to nine months of their salary. For a salaried employee earning $60,000 a year, this translates to $30,000 to $45,000 in recruiting and training expenses.

Decreased productivity and morale

A bad hire can decrease team productivity by 30%. A low-performing employee can bring down team morale and create a negative work environment.

Customer dissatisfaction

A poorly skilled employee may miss deadlines, deliver subpar work, or struggle to meet customer needs. This can lead to missed sales opportunities, customer dissatisfaction, and damage to your brand reputation.

Benefits Capability-Driven Assessments?

Skill-based assessments can improve interview-to-hire conversion rates by up to 80%.
New hires assessed with job-specific skills reach full productivity 33% faster.
Companies using structured hiring practices see a 70% reduction in bad hires.
Up to 80% of resumes contain inaccuracies, indicating the unreliability of traditional resume screening.
Unconscious bias can lead to a 25% decrease in the chance of a qualified candidate being hired.