Are you like the majority of business owners? Reluctant to hire new people for your Team?
Either worried about cashflow…or worried about how to do it without regretting it later?
Cashflow and bad hiring are only two of the biggest reasons why most business owners wait until they’re
nearly exhausted to hire new Team members.
Financial Advisors and Insurance Agents are no exception.
And it’s no wonder when we know that:
- The ROI of a bad hire has been calculated as high as -298%. (SayIt Communications)
- The average cost of a bad hiring decision can equal 30% of the individual’s first-year potential earnings. (US Department of Labor and Statistics)
- 41% of companies polled by Vitamin T Staffing Firm estimated that a bad hire cost more than $25,000, and 1 in 4 said that it cost them over $50,000.
- 66% of employers said they experienced other negative effects of bad hires.
- Of these employers, 37% said the bad hire negatively affected employee morale.
- Another 18% said the bad hire negatively impacted client relationships.
- 10% said the bad hire caused a decrease in sales. (National Business Research Institute)
- As much as 80% of employee turnover is due to bad hiring decisions. (Harvard Business Review)
Whew! Who wouldn’t be hesitant to actually take a chance on a potentially bad hire in light of that?
So many things can go awry from the interview to the actual onboarding.
This Expert Session with Art Snarzyk, “The Turnover Terminator”, puts you at ease and teaches you what you need to know so you can avoid these costly mistakes.
In Art’s Expert Session, you’ll discover how to:
- Learn just who the ideal employees will be for your unique Agency or Firm as you begin to grow significantly
- Attract fewer, better quality candidates (yes, fewer)
- Remove personal bias to hire the kind of personnel you really need
- Avoid being fooled during the interview (and regretting it after it’s too late)