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How to Save Your Startup from Costly Hiring Mistakes

How to Save Your Startup from Costly Hiring Mistakes

Most startups and small businesses can’t afford the costs that associated with employee turnover. Tips to improve recruiting, interviewing and on-boarding so you’re more likely to end up with a great team.

We’ve written in the past about what to do if you make a hiring mistake. Now we’ll offer some insight on how to avoid that problem in the first place.

First, some context: a bad hire isn’t just a people problem – it’s hurts your bottom line. Replacing an employee can cost more than 200 percent of their salary – not the kind of money most startups can spare.

Preventing bad hires and avoiding the associated costs requires a two-pronged approach: first, focus on recruiting the right people. Second, make sure you set them up for success in their first days, weeks, and months on your team. Let’s dig into both.