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The top factor leading to a failed hire, aside from performance issues, is a poor skills match, according to a recent Robert Half Finance & Accounting survey.
Thirty-six percent of chief financial officers cited a poor skills match as a top concern. An unclear performance expectation was the second most common reason for failed hires, cited by 30 percent of CFOs. Other reasons noted were personality conflicts (17 percent) and poor cultural fit (14 percent).
“Companies can't afford hiring mistakes, which are costly and can erode staff morale,” said Max Messmer, chairman and CEO of Robert Half International Inc.. “Finding the right match requires time and attention, and it's something even busy managers need to make time for.”