How Hiring the Wrong Person Eats Profits with Rocky Lalvani

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We often hear data on how much bad hire costs you and your company. About 3x the person’s annual salary.

But how much did the interview process itself cost?

For a startup to make a hire, the company spends about 73 total hours interviewing. With the most significant cost being 30 hours of the production team’s combined time. And this is assuming that 6 people make it through a full interview to get to the hire.

We have to ask

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