The Hidden Cost of Bad Executive Hires

Hiring the wrong executive can cost far more than just their salary. In fact, the total cost is often estimated to be anywhere from 50% to 150% of the executive’s annual compensation, factoring in lost productivity, disruption to team morale, and the resources spent on recruiting and onboarding. A poor hire at the top can lead to misaligned strategies, inefficiencies, and strained relationships with clients and stakeholders. Investing time upfront in a thorough, strategic hiring process can save an organization from these costly setbacks.