One wrong hire costs a small business $16,000. Here is how to avoid it

By Yajush Gupta · 28 May 2026 · News

One wrong hire costs a small business $16,000. Here is how to avoid it

The $16,000 Mistake Small Businesses Can't Afford

A single wrong hire can cost your Australian SME thousands. Discover the shocking truth behind the price of a bad recruitment decision.

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Summary

Nearly one in three Australian SMEs say it is now harder to find the right person for their business. New SEEK research puts a dollar figure on what happens when they get it wrong