The cost of a bad hire is always extensive. There is a sense of urgency to fill vacant spots, often resulting in an oversight during the interview process. Organizations that lack a standardized interviewing process are at risk of hiring a bad employee. A standardized interview process provides hiring managers the tools to formulate good questions and evaluate candidates. Hiring managers understand that having a good pool of applicants for every open position is essential for finding the right hire.

Here are three ways to avoiding a bad hire:

Thoroughly Check References

References are a priceless resource that prevents costly mistakes. A candidate’s references provide insight into his or her character and skillset. When checking a candidate’s references ask situational questions that give a thorough explanation are ideal. Also, if there is any indication that the candidate is not a good fit for your organization, it is best to cut ties early.

Gain an Outsiders Opinion

During the interview process, it is a good idea to incorporate a peer-to-peer interview.  A second opinion can add valuable perspective. Also, a current employee can give real-time information into day-to-day activities. Having multiple conversations will allow you to make a good decision and avoid a bad hire.

Set Clear Expectations

As a part of the onboarding process, clearly define the employee’s role and set 60, 90, and 120-day check-ins. The onboarding process can be challenging for a new employee. It is vital to establish clear and concise guidelines so that the new hire will know what to expect. Having a mentor or a specific point of contact will help the new employee’s transition go smoothly while adapting to the organization’s culture.

When an organization makes the wrong hiring decision, it has a rippling effect among all who work for you, your product and your product quality. If you’re not hiring the right candidate initially, your ability to succeed will be significantly compromised. It is understandable that in today’s environment that the sense of urgency will remain a constant. During the interview process, ensure that all of the steps are carefully followed to maximize the opportunity of a good hire for your organization and minimize loss.

References: Forbes, SHRM