The Real Cost of a Bad Recruitment Hire

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In an ideal world there would not be any bad recruitment hires and everyone would have fantastic retention. However, recent statistics and reports put together by the Recruitment Employment Confederation (REC), Monster, Indeed and the Office for National Statistics (ONS) provides us with a very different story.


Businesses in the UK are failing to hire the right candidate for two out of five roles despite the cost of making a mistake in the recruitment process.

Candidates in mid-level management positions earning £42000 per annum can end up costing a business over £132000.

85% of decision makers within HR admit they have made a mistake with a bad hire.

Increased staff turnover, training costs and lost productivity were some of the key factors when calculating the cost of a bad recruitment hire.

Data from Leadership IQ shows that 46% of hires turn out to be bad hires within 18 months.

39% of employers admit the assessment and interviewing process of candidates needs improvement in the hiring process.

Lost client opportunity is also a factor if the bad recruitment hire has not looked after a client and the client goes elsewhere.


Statement from REC chief executive Kevin Green:

“Getting recruitment right is even more important during a time of economic uncertainty because businesses need to ensure they’re not wasting money. Our calculations show that UK businesses are wasting billions every year because of the volume of hiring mistakes being made.

“Shockingly, we discovered that employers are completely underestimating the financial impact of getting recruitment wrong, and not learning how to improve.


If you would like to speak to one of our qualified consultants about reducing the risk of a bad recruitment hire, please get in contact.

Why Use a Recruitment Agency to Find Talent?


Anyone who has ever been responsible for regularly recruiting staff will know how difficult the process can be. Defining job roles, advertising for applicants, screening candidates, and arranging interviews for shortlisted individuals, are all tasks that require a significant time investment to achieve.

There is a simpler option for companies to take advantage of and in this short post, we explain some of the benefits that local Greenwich firms will receive by using a recruitment agency to find staff.

By using a local Greenwich recruitment firm to fill open job positions, a company will receive the following benefits:

  • Significant time saving – because the recruitment company handles all of the time hungry tasks such as advertising, screening initial applications and carrying out preliminary interviews.
  • Local talent knowledge and expertise – a Greenwich based recruitment firm understands the local job market and has a deep knowledge of the local workforce. The recruiter can leverage this knowledge and expertise to find the best candidates for a position.
  • A single point of contact – with a local recruitment agency acting as the front-end of the recruitment process. So rather than having to deal with multiple agencies, applicants and other providers such as advertisers, you have a single point of contact for the entire recruitment campaign.
  • Cost effective – Greenwich based businesses will find that using a local recruitment company to find new staff will usually be cheaper than running their own recruitment campaigns.
  • Simplified budgeting – running a recruitment campaign in-house can often result in costs spiralling out of control. However, using an external recruiter comes at a fixed cost. Making it far simpler to assign budgets to departmentalised recruitment campaigns.
  • Improved scalability – by building a close relationship with a recruitment agency in Greenwich, local firms gain the ability to employ new staff in a much more agile manner. Meaning they have much shorter lead times in inducting new employees, resulting in less of a need to maintain redundant staff to cover short-term peaks in workload.
  • Repeatable recruitment campaigns – once you have actioned a recruitment campaign with your local recruitment firm, then you can always repeat that campaign again, next time a similar post opens up. Furthermore, fresh campaigns can be defined rapidly, by using previous campaigns as a starting point.
  • These are just some of the benefits that companies can gain, when using a local recruitment agency.

If you would like to find out how we can help to simplify your recruitment process, whilst reducing the cost incurred when inducting new staff, then we are happy to discuss your needs with you.

We build close trading relationships with local Greenwich businesses, with the aim of matching the best local candidates to the job positions our clients have open.

We rely on our deep knowledge of the local workforce, to make sure we match the right person to the right job, every time.

Demonstrating the Benefits of Using a Recruitment Agency


To start this post, we would like to officially announce that we have recently been awarded preferred supplier status with Greenwich Council. When choosing a recruitment agency, Greenwich Council had decided they were looking for a local option, rather than choosing one of the large national recruitment firms. We are happy to say we managed to tick all the right boxes, as a Greenwich based recruitment agency, and look forward to our new trading partnership with the local Greenwich authority.

There are many good reasons why Greenwich Council wanted to use a local firm to help its HR department find the right candidates for open positions. Using a local Greenwich recruitment agency can give the following benefits:

  • Greater access to quality local candidates – rather than using a passive form of recruitment such as local advertising, a local recruitment firm will proactively seek out the best local talent on your behalf.
  • A more efficient recruitment process – as your local recruitment agency will be handling the sharp end of the recruitment process on your behalf. Meaning you will not have to spend time vetting possibly hundreds of applications. Instead, you will just receive a short-list of the best candidates for the job.
  • Access to region specific recruitment insights – for a local recruitment agency, Greenwich will be a familiar and well-known catchment area. Recruiters will have their finger on the pulse of the local job market, and be able to leverage this expertise to track down the very best candidates for your company.
  • Reduce the recruitment overhead – by having the recruitment firm interview local Greenwich candidates on behalf of your company, pre-screening applicants and ensuring that only the very cream of the crop require your valuable time for a final interview.
  • Lower risk – because you are outsourcing a large portion of the recruitment process, you are not liable to incur any costs due to mistakes being made internally. Your recruitment partner is carrying all the risks whilst running your recruitment campaign. Your costs are fixed and transparent.
  • The ability to operate a more scalable staffing solution – you will be able to rapidly recruit staff to cover opening job roles or fill temporary ones. You will no longer need to maintain an “on hand” workforce that is larger than the work requirement actually is, just to cover potential staffing shortfalls.

These are just a few of the benefits that using a local recruitment company in Greenwich can deliver. There are many more, and we would be happy to discuss them with you.

Russell King Associates is a Greenwich based recruitment firm that can help you find the right candidate amongst the masses to fill any job role. If you need help recruiting local Greenwich staff, then we are here to assist you. 


The 5 Common Mistakes Employers Make When Recruiting Talent (and How to Avoid Them)

The 5 Common Mistakes Employers Make When Recruiting Talent (and How to Avoid Them)

If you're thinking of recruiting staff, there are mistakes you should avoid to ensure you employ the best person for the job. This post discusses 5 common mistakes employers often make when recruiting staff.



If you’re reading this blog you’re showing an interest in finding work within the technology sector. I myself have been using many methods over the past 17 years to find tech candidates for my clients and most of my search methods have been the same however times are changing so you need to adapt to the market and apply the following 10 steps to finding a job within the tech sector