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They suffer big losses from a bad hire for much the same reason.
I have never succeeded in saving, rehabilitating or dramatically changing the behavior of a bad hire.
Pret workers know that a bad hire could cost them money.
In some cases, a bad hire can be fatal to a startup's chances of succeeding.
In a team of five or ten, one bad hire can have dire effects.
A bad hire costs over $12,000, but a good one is worth only $5,000.
"One bad hire can really cripple a small business," said Krista Canfield, senior manager of corporate communications at LinkedIn.
But no one is infallible to making a bad hire, and no one has complete control over whether someone succeeds.
That is literally where you can just make or break it, and find out if they're an all-star or whether you just avoided making a bad hire.
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Bad hiring decisions can't be so easily fixed.
It made bad hires in its rush to expand.
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