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A person might possess all the technical aspects of the job requirement, but simply do not fit with the organizational culture and environment. Hiring the wrong people can be very expensive. It can drain your recruitment budget and ultimately tap into the profit of the company. Based on our class project, it can be noted that each hire can cost up to $1,000 or more per person on hiring and that is being very modest with using the bare minimal selection criteria. If half the people you hire do not stay, then based on a $1,000 per hire, if you only lose ten people in a year that is $10,000. Recruiters in both the public and private sector hire thousands of new applicants every year...
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