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This question is about hiring statistics.
It costs an average of $4,000 to hire someone. And it's incredibly important for businesses to get it right, as hiring the wrong candidate costs far more than that.
In fact, The average cost of a bad hire is $14,900 but can reach as high as $240,000 depending on the position. Overall, the average bad hire will cost an employer 30% of the employee's first-year earnings.

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