10 Tips to Hiring Right the First Time

It's difficult to overestimate the cost of hiring wrong. According to Top Grading by Dr. Bradford Smart, the average cost for a bad hire, earning between $50,000 and $100,000, is $80,000. While, there is no foolproof method that guarantees consistently good hires, here are some tips to maximize the chances of success.

10 Tips to Hiring Right the First Time

10. Ensure there are no surprises. There is no nirvana as it relates to workplaces, and candidates know this. That's why they're drawn to employers who accurately characterize the risks as well as the opportunities of a new position. Because management is the No. 1 reason advisors leave, it's incumbent on you to provide candidates with candid input on what type of manager you are and what they can expect from you.



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