What are the Costs of Not Applying a Sales Assessment Test?
Each company applies its own metrics, but all agree that the cost of recruiting, training and managing a non-performing salesperson is incredibly expensive. Our clients’ costs for a bad hire range from around $50,000 all the way up to $1.2M in the case of a high net worth financial adviser, and that is for ONE BAD HIRE! Here is a way to calculate your own benchmark. So, much of this comes down to screening candidates before they get a chance to enter the system, because once they are in there, they begin wasting time and money at an extraordinary rate. Next
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