Toxic employees cost more than you think

Don’t fixate on finding the “superstar” or the perfect organisational fit when hiring a new person. The best thing you can do for your company is not to hire a “toxic worker”. This is according to a new paper out of the Harvard Business School.
A toxic employee can cost a business in the region of $12,400 – about R174,000 – and that is before any of the other potential costs, such as litigation, regulatory penalty, and reduced employee morale, the authors write. This is substantially more money than a superstar will save a company’s bottom line in terms of productivity, which is about $5,303 (R74,000).

 

For more, find the article — originally published in the Mail & Guardian — here.

Leave a Reply

Your email address will not be published. Required fields are marked *