At director and senior management level, the cost of a bad hire goes far beyond the recruitment fee. A poor senior hire disrupts strategy, undermines performance and generates costs that can reach three to five times the annual salary when all direct and indirect costs are included. Prime Leadership Search's free bad hire calculator helps you quantify your real risk at leadership level. Enter the role salary, time to hire, retention period and productivity impact and receive a detailed cost breakdown across vacancy cost, underperformance, team morale impact and full replacement expense. Share the report with your board or finance team to make the case for investing properly in executive search. To understand more about how a structured search reduces this risk, read about our search methodology or explore the advantage of data-driven recruitment. The first step to smarter executive search is knowing what is at stake.
