, Singapore

Singapore bosses think 50% of employees are 'bad hires': survey

While top talents are a measly 10-30%.

According to a survey by RecruitPlus, 99% of the 4,000 employers who answered felt that their organization carry certain percentage of bad hires, from 10% to a whopping 50%.

Conversely, only 64% of the same respondents felt that their companies have Super Performers, ranging from 10% to 30% of their workforce. This group of individuals usually comes from 1) referrals, 2) recruitment agencies & 3) job boards.

All respondents believe the Super Performers are capable of handling the job of 2 to 5 bad hires and will not mind paying them 10% to 30% more salary vis-à-vis bad hires. 93% of the respondents would be keen to consider a tried-and-tested assessment tool if that can guarantee those Super Performers.

The survey shows that companies can benefit more by having more Super Performers and lesser Bad Hires. Given that 1 Super Performer can take on the job of 2 to 5 Bad Hires, the payroll savings is significant even if you have to pay more to sustain the Super Performer.

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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