--- title: 10 Reasons Why You Can't Afford the Luxury of a Mis-Hire description: 10 Reasons Why You Can't Afford the Luxury of a Mis-Hire image: https://blog.ttisi.com/hubfs/Blog%20Images/the%20luxury%20of%20a%20mishire.jpeg --- [![TTI_RBG_Logos__Solid_Horizontal_Charcoal](https://blog.ttisi.com/hs-fs/hubfs/TTI_RBG_Logos__Solid_Horizontal_Charcoal.png?width=300&height=45&name=TTI_RBG_Logos__Solid_Horizontal_Charcoal.png) ](https://www.ttisi.com/) - [About](https://www.ttisi.com/about) - [Assessments](https://www.ttisi.com/assessments) - [Solutions](https://www.ttisi.com/solutions) - [Partnerships](https://www.ttisi.com/partnerships) - [Resources](https://www.ttisi.com/resources/) - [Research](https://www.ttiresearch.com/) - [Blog](https://blog.ttisi.com) - [Global](https://www.ttisi.com/global/) - [Get Started](https://www.ttisi.com/get-started/) Posts by Tag ### Posts by Tag - [talent management (194)](https://blog.ttisi.com/topic/talent-management) - [behaviors (165)](https://blog.ttisi.com/topic/behaviors) - [workplace culture (132)](https://blog.ttisi.com/topic/workplace-culture) - [business strategies (126)](https://blog.ttisi.com/topic/business-strategies) - [emotional intelligence (117)](https://blog.ttisi.com/topic/emotional-intelligence) - [team management (100)](https://blog.ttisi.com/topic/team-management) - [miscellaneous (83)](https://blog.ttisi.com/topic/miscellaneous) - [hiring (81)](https://blog.ttisi.com/topic/hiring) - [leadership (78)](https://blog.ttisi.com/topic/leadership) - [skills development (68)](https://blog.ttisi.com/topic/skills-development) - [motivators (65)](https://blog.ttisi.com/topic/motivators) - [effective communication (60)](https://blog.ttisi.com/topic/effective-communication) - [assessments (45)](https://blog.ttisi.com/topic/assessments) - [training / coaching (44)](https://blog.ttisi.com/topic/training-coaching) - [stress (39)](https://blog.ttisi.com/topic/stress) - [infographic (32)](https://blog.ttisi.com/topic/infographic) - [mindsciencecenter (21)](https://blog.ttisi.com/topic/mindsciencecenter) - [assessment providers (20)](https://blog.ttisi.com/topic/assessment-providers) - [DISC (10)](https://blog.ttisi.com/topic/disc) - [sciences (9)](https://blog.ttisi.com/topic/sciences) - [growth mindset (8)](https://blog.ttisi.com/topic/growth-mindset) - [research (5)](https://blog.ttisi.com/topic/research) - [artificial intelligence (4)](https://blog.ttisi.com/topic/artificial-intelligence) - [Burnout (3)](https://blog.ttisi.com/topic/burnout) - [axiology (2)](https://blog.ttisi.com/topic/axiology) - [technology (1)](https://blog.ttisi.com/topic/technology) See all Subscribe ### Subscribe Jun 11, 2014 | 3 Minute Read # 10 Reasons Why You Can't Afford the Luxury of a Mis-Hire ![the luxury of a mishire.jpeg](https://blog.ttisi.com/hs-fs/hubfs/Blog%20Images/the%20luxury%20of%20a%20mishire.jpeg?width=800&name=the%20luxury%20of%20a%20mishire.jpeg) ### Hire Right the First Time With Disciplined Job Approach [Bad hires are draining](http://www.ttisuccessinsights.com/blog/posts/know-people-or-no-people), both financially and emotionally. Today, more than ever, it's important to understand [the system you employ](http://www.ttisuccessinsights.com/blog/posts/poor-hires-are-not-just-part-of-the-job) to find new talent will determine whether you make a sound and strategic hiring decision.   Here are 10 reasons why you[can't afford the luxury of a bad hire](http://www.ttisuccessinsights.com/blog/posts/putting-an-end-to-the-hire-and-hope-mentality) and what inevitably happens when you hire the wrong person for the job. 1. Wasting time and money defining the job, advertising for the position, recruiting potential candidates, and interviewing key prospects.   2. Paying unrecoverable fees to recruiters, and incurred legal fees (should the ex-employee sue). 3. Wasting time and effort on existing employees during the on boarding and training processes, as well as getting the new hire acclimated to your business. 4. Turn out less work or fewer, if any, results for every dollar and hour you invested, because the bad hire did not do their job. 5. Frustrate and negatively impact the workload of *all the people* who worked with the bad hire and who were expecting better performance; some may disengage as a result. 6. Lose opportunities to engage and sell to new and existing customers; as a result, you may sour relationships with potential new clients. 7. Destroyed long term relationships with key clients. 8. Other people you employ may be led in the wrong direction. 9. Lose the time invested in coaching and other attempts at corrective action. 10. Depending on the job, total dollars lost in opportunities. The collective effort of others in the company could range from a few months of payroll (never less) to tens of millions of dollars in less than two years. I don't know any business that can afford these [multiple and sometimes hidden costs](http://www.ttisuccessinsights.com/blog/posts/what-is-your-talent-apocalypse-survival-plan) of a single bad hire. From front line workers to CEOs, you must hire right the first time with a disciplined benchmarking and job-matching process. The process I have used in my business, supported by [TTI assessments](http://www.ttisuccessinsights.com/what/products), has been successful for every level of employment. I encourage you to find a benchmarking system that works best for you. Topics: [hiring](https://blog.ttisi.com/topic/hiring) [talent management](https://blog.ttisi.com/topic/talent-management) #### Don't forget to share this post! Share: [facebook-f icon](http://www.facebook.com/share.php?u=https://blog.ttisi.com/10-reasons-cant-afford-luxury-mis-hire) [linkedin-in icon](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.ttisi.com/10-reasons-cant-afford-luxury-mis-hire) [Twitter icon](https://twitter.com/intent/tweet?url=https://blog.ttisi.com/10-reasons-cant-afford-luxury-mis-hire) [pinterest-p icon](http://pinterest.com/pin/create/link/?url=https://blog.ttisi.com/10-reasons-cant-afford-luxury-mis-hire) [envelope icon](mailto:?body=https://blog.ttisi.com/10-reasons-cant-afford-luxury-mis-hire) ![Steve Morris](https://blog.ttisi.com/hubfs/Headshot/Steve%20Morris.jpeg) [Steve Morris](https://blog.ttisi.com/author/steve-morris) Steve Morris is a TTI-certified Value Added Associate who has been a partner, founder, trainer, business coach, and assessment and selection specialist at ChoiceWorks, Inc. since 1997. Their clients range in size from Fortune 500 companies to small, local businesses. ### Suggestions [![Is DISC a Reliable Personality Test?](https://blog.ttisi.com/hubfs/is%20disc%20a%20reliable%20personality%20test.png)](https://blog.ttisi.com/is-disc-a-reliable-personality-test?hsLang=en-us) [Is DISC a Reliable Personality Test?](https://blog.ttisi.com/is-disc-a-reliable-personality-test?hsLang=en-us) [![Can DISC Be Used for Hiring?](https://blog.ttisi.com/hubfs/can%20disc%20be%20used%20for%20hiring.jpg)](https://blog.ttisi.com/can-disc-be-used-for-hiring?hsLang=en-us) [Can DISC Be Used for Hiring?](https://blog.ttisi.com/can-disc-be-used-for-hiring?hsLang=en-us) [![Your Guide to Hiring in Hard Times](https://blog.ttisi.com/hubfs/Your-Guide-to-Hiring-in-Hard-Times.jpg)](https://blog.ttisi.com/your-guide-to-hiring-in-hard-times?hsLang=en-us) [Your Guide to Hiring in Hard Times](https://blog.ttisi.com/your-guide-to-hiring-in-hard-times?hsLang=en-us) #### Company -  [17015 N Scottsdale Rd, Suite #150 Scottsdale, AZ 85255](https://goo.gl/maps/3MThQFiPjk42) -  [800.869.6908](tel:+18008696908) -  [480.443.1077](tel:+14804431077) #### Resources - [About](https://www.ttisi.com/about) - [Research](https://ttiresearch.com/) - [MindScience Center](https://www.mindsciencecenter.com/) - [Using Assessment Tests](https://www.ttisi.com/how-to-consult-effectively-with-employee-assessment-tests/) #### Legal - [Privacy Statement](https://www.ttisi.com/privacy-statement) - [Compliance](https://www.ttisi.com/compliance) - [Foreign Transaction Policy](https://images.ttisi.com/wp-content/uploads/2024/07/01104910/2024-TTI-Foreign-Transactions-Policy-4885-7145-3741_6.pdf) - [GDPR](https://www.ttisi.com/gdpr) - [CCPA Notice](https://www.ttisi.com/ccpa-notice) #### Social - [LinkedIn](https://www.linkedin.com/company/tti-success-insights) - [Facebook](https://www.facebook.com/ttisuccessinsights.na) - [Instagram](https://www.instagram.com/ttisuccessinsights_) - [YouTube](https://www.youtube.com/@TTISuccessInsights) ©2025 TTI Success Insights