Cost of Poor Employee Performance

business person

Low performers can impact businesses significantly. These individuals often lead to higher costs for employers, in terms of lost time and productivity. It also affects the morale of managers and other employees who have to deal with an underachieving employee, in addition to the possible cost of firing and hiring a replacement worker.

On average, managers spend almost one day a week, or 17 percent of their time, managing underperforming workers, according to a survey by Robert Half International.

Employers should take time to screen carefully potential employees in advance. The Robert Half organization also recommends dealing with performance problems as they occur instead of waiting until an employee review.

Learn more about this survey and tips on dealing with poor performers.