Hire smarter: Avoid these common mistakes

In the powersports industry, a poor hire can quietly drain your business. Recruiting and onboarding the wrong person can cost your company hundreds of thousands of dollars over time. Lost productivity, lower morale, damaged customer relationships, delays in reaching growth or profit goals, and the expense of doing it all over again can add up quickly.

According to the U.S. Department of Labor, a bad hire is estimated to cost a company at least 30% of an employee’s first-year earnings, and the cost can be much higher for a misfire at the senior level. Most hiring failures result from either a flawed process or a breakdown in managerial behavior. The good news is that both areas can be improved.

Check out my latest column in Powersports Business to learn some common hiring mistakes we see and how to avoid them.