Your employees are the lifeblood of your business. The contributions of passionate and engaged team members can help achieve your vision and build your brand.
Disengaged employees, however, have lower productivity levels and higher rates of absenteeism, resulting in a “loss” of about 34% of their annual salary. In other words, a complacent, apathetic employee will be actively losing your business money.
Adding more fuel to the fire, Investopedia estimates that recruiting, hiring and training a new employee can easily cost one and a half to three times that hire’s annual salary. As such, making sure you hire the right talent from the very start, is essential for your company’s long-term success.
Read the full article at: www.forbes.com