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Your people are an integral component in your ability to achieve those goals, so it’s crucial to evaluate the climate of your workforce. Do you have enough talent to help you achieve your business goals? Do you have enough volume to support your growth?
As we know, making the wrong executive hire can be costly on multiple levels: company morale, resources to replace the hire, productivity, time, and money. According to a study by the Society for Human Resources Management (SHRM), the cost of a single bad hire can range up to 5x the hire’s annual salary.
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