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It will be the best “hiring” decision you’ll ever make.

You may be familiar with “bad hire” calculators, which purport to calculate how much it costs a firm to make a bad hiring decision. Those figures pale in comparison with the perils and expenses of making a disastrous executive hire. If your company is publicly traded, the risk is even greater. Consider the following:

• The Department of Labor estimates it costs between 50% and 200% of an executive’s salary to replace him or her effectively―regardless of how long the person stays.
• It has been estimated that the average interviewer may make a hiring decision in the first 20 seconds (sometimes as few as four). Executive screening provides the necessary objectivity to prevent rash judgments.
• One Fortune 500 Technology firm acquired a new executive who misrepresented an MBA from Stanford. When the news broke five years later, an analyst downgraded the company and the firm’s stock dropped by as much as 20%.

Before your company becomes one of these statistics, give Barada Associates a call. It will be the best “hiring” decision you’ll ever make.

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