There are various websites and firms out there estimating the cost of a bad hire with the general consensus being that it’s somewhere around three to four times the employee’s total package, so a C-level executive could take you well over the $1m mark.
Aside from the monetary figure, hiring the wrong senior management candidate will also cost a considerable amount in time, reputation, but most importantly, employee morale.
How can you safeguard against the above? Firstly, make sure you work with an industry specialist (one that focuses solely on freight forwarding), agree on the brief AND work together to define the hiring process that will work for you.
Freight Appointments will consult with you over the best process for specifically your organisation. There is no ‘one size fits all’ product when it comes to executive search, so it’s important that our approach is tailored.
Please fill out the form and one of the Freight Appointments team will make contact to discuss your assignment in further detail.
Please note that any information provided is treated as strictly confidential.