What's the cost of a Wrong Hire?
Are you starting to talk about a team member's underperformance? Have you had conversations with them and are wondering if it's time to part ways? It's such a personal decision for both parties. Take a moment to think about the cost of having the wrong person in the seat. There is a formula for that, based on the book Topgrading. Use this spreadsheet to remove the emotion from the decision to keep or move on.
What's Included:
Cost of a Wrong Hire Calculator: A comprehensive spreadsheet to calculate the financial impact of a wrong hire. Based on the renowned book Topgrading, this formula helps quantify the cost of underperformance.
Detailed Input Fields: Sections to input various factors such as salary, lost productivity, training costs, and more.
Guidance on Usage: Step-by-step instructions to accurately fill out the spreadsheet and interpret the results.
Why Choose the Cost of a Wrong Hire Tool?
Objective Analysis: Remove emotional bias from the decision-making process with a clear, data-driven approach.
Financial Insight: Understand the true cost of underperformance and make financially sound decisions.
User-Friendly: Easy to use, even for those without a financial background.
Make Informed Decisions: With the Cost of a Wrong Hire tool, you can objectively evaluate the impact of underperformance and make decisions that are in the best interest of your business. Use this tool to ensure you have the right people in the right seats.
Get Started Today: Take control of your hiring decisions. Download the Cost of a Wrong Hire tool now and start making informed, objective decisions about your team.