A few weeks ago, a growing technology company, very close to us, hired a senior profile to lead a new team in Latam. The interview was brief, the onboarding rushed, and the CEO’s enthusiasm, great.
Three months later, the new leader left.
The reasons were not entirely clear: cultural differences, lack of alignment with the work style, poor fit with the team…
The truth is that the project stalled, the team was left demotivated and the company went back to square one. It is not an isolated story, but rather something frequent.
❗ But the most serious thing was not the mistake. It was not having measured how much it cost. We are talking about cost in monetary terms, but also in terms of time and wear and tear inside the organization.
📊 Data you don’t see… but it hurts
According to a Gallup study, a bad hire can cost between 50% and 200% of the employee’s annual salary.
And that doesn’t include only the financial side. It also has repercussions on:
- Lost recruitment and training time
- Affected team productivity
- Impact on internal morale
- Loss of knowledge
- Damage to the employer brand’s reputation
In Latam, where startups and SMEs need to scale with no margin for error, this can make the difference between growing and stagnating.
📌 Harvard Business Review estimates that 80% of employee turnover is due to wrong hiring decisions.
📌 In Latin America, the ManpowerGroup report highlights that 73% of companies have difficulty finding the right talent.
👥The solution? Think in terms of HR talent… even if there is no dedicated department.
Many companies in Latam still believe that only large companies can have Human Resources specialists. But that is changing.
Today, you can work with HR professionals on a part-time, strategic and outsourced basis.
And that can mean:
- More refined selection processes
- Better cultural and fit analysis
- Reduced turnover and greater retention
- More human and effective onboardings
- Employer branding from day one
At PSRH, we integrate as partners, not as providers. And that is a differentiator we love.
And we do it flexibly, so that your company has the backing of experts… without adding structures it can’t (or doesn’t need to) sustain yet.
Because hiring well is not a luxury. It is a business strategy.
Would you like us to review your current process or help you define a new one?
Write to us and we will arrange an express consultation.
