How much are you spending on sourcing new hires?

Denise LeaserBlog, Coronavirus, COVID-19, Deloitte, Image, Pre-Hire Assessments, Unbiased Assessments, WebAssessLeave a Comment


Once the COVID-19 crisis ends, most employers will get the green light to begin hiring again. But many of them will spend too much money too quickly to find the right candidates.

According to Bersin by Deloitte, it costs $4,000 to source a new hire. Those costs can compound down the line if you end up choosing the wrong person:

  • 25% of employers reported a bad hire cost them more than $50,000 USD
  • It can cost five times the annual salary to replace a bad hire
  • Nearly 7 in 10 businesses are affected by a bad hire each year

“Many organizations don’t realize how much it truly costs to find qualified employees. Those costs skyrocket if they’ve selected the wrong ones,” says Denise Leaser, President of GreatBizTools, developer of pre-hire assessment tool WebAssess. “They can actually save a great deal of money by using science-based, non-biased assessments of the people who apply for their open positions.”

A pre-hire assessment tool like WebAssess helps recruiters quickly identify the right candidates for the right jobs based on their skills, abilities and personality traits. WebAssess also takes the guesswork out of the selection process while adding speed to the overall search too.

“A good assessment system, like WebAssess, can do a better job screening 1,000 candidates and give you better results in the same amount of time it takes to screen a handful of candidates,” says Leaser.

Just as important in these unprecedented times, WebAssess remotely screens people best suited for specific jobs in a more effective and unbiased way than in person at an office.

Start hiring smarter and find out how WebAssess can do a better job at predicting a candidate’s future job success and retention. Start your no-obligation, absolutely free 15-day trial of WebAssess today!

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