Bad Dreams, Bad Hires
Bad Dreams: It’s been said that most of the things we worry about never happen. According to Vistage Speaker and HR professions, high on the worry list for most employers is getting sued by the EEOC.
Undboutedly, some employers do deserve to be sued, but do you know how many EEOC suits actually end up with damage awards against the employers? Mr. Lott does, and the reality of the matter may surprise you. Check out his most recent 5-minute video The 2021 EEOC Stats for the answer. You’ll sleep better.
Bad Hires: Employees, especially those with the talent you need, are ever more expensive; so is the cost of a bad hire. Do you really know how to calculate the cost of a bad hire? Vistage Speaker Barry Deutsch is one of our best speakers on recruiting and advises Vistage members around the world on how to attract and secure talent. He offers a tool that will help you calculate the cost of a bad hire before you make it.: Download his “Worksheet for the True Cost of a Bad Hire. (You might make your own estimate first and then compare to the number that Mr. Deutsch’s worksheet yields.)
