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Bad hires cost businesses

Nearly 70 percent of employers say they made bad hires this year, which hurt them, according to a new survey by CareerBuilder.

By Amanda McGrory-Dixon | Updated on December 17, 2012

Nearly 70 percent of employers say they made bad hires this year, which hurt them, according to a new survey by CareerBuilder.

An additional 41 percent of respondents say a bad hire has cost them at least $25,000 while 24 percent of respondents say a bad hire cost them more than $50,000.

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