F&P; — FINANCE & PROFITABILITY Scott Gillespie F&P; — FINANCE & PROFITABILITY Scott Gillespie

The Real Cost of a Bad Hire — Run These Numbers

You stare at an empty desk or an idle service truck. The silence mocks you. You feel the crushing weight of unfulfilled client contracts and mounting pressure on your existing team. In a moment of sheer desperation, you review a mediocre resume. You interview a candidate who shows up ten minutes late and gives vague answers. You ignore the glaring red flags because you need a warm body to hold a wrench or answer a phone immediately. You hire them. Ninety days later, the experiment explodes. You fire them or they quit without notice. You look at your payroll software and calculate the three months of wages you lost. You feel frustrated, but you assume the financial damage stops there. You operate under a massive, dangerous delusion.

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