Recruitment Statistics That Will Motivate You To Use
That Will Motivate You To Use Pre-Hire Screening
of all job applications contain inaccurate information (source)
of all application forms contain outright lies about experience, education, and ability to perform essential functions on the job. (source)
of job applicants misrepresented why they left a former employer (source)
The majority of retail shrinkage is due to employee theft at almost half of losses (survey)
average employee theft case (source)
of all business failures are caused by employee theft (source)
The most common effects of workplace violence incidents on employees include decreased morale, decreased sense of safety, decreased productivity, decreased trust among co-workers and increased stress and depression. (source)
FBI Studies estimate nearly 355,000 businesses will experience a workplace violence episode in any given year (source)
of establishments reported that a workplace violence incident affected the fear level and morale of their employees (source)
substance abusers are employed (source)
substance abusers change jobs as frequently as 3 times a year (source)
substance abusers are at least 33% less productive (source)
average settlement of a negligent hiring lawsuit (source)
of employers have lost negligent hiring cases (source)
It costs $7,000 to replace a salaried employee, $10,000 to replace a mid-level employee, and $40,000 to replace a senior executive. (source)
TIME + COST
average amount that US companies spend to fill an open position (source)
average time to fill an open position (source)
of small businesses cannot find qualified applicants for open positions (source)
Wrong Hires are most often the biggest source of hidden costs in a company. Not abiding by a standard, proven hiring process opens the door to wasted time and energy.
The minimum you should do is to use the various pre-hire screening tools and services that are quite affordable - yet they can help you avoid big trouble.
If you have never used the Recru-Tec Test, try it. This unique pre-hire soft skills assessment will detect personality-related characteristic that you could NEVER find throughout an interview.FIND OUT MORE!