WHY IT MATTERS
The fee is the smallest part of a bad hire.
When a senior appointment doesn't work out, the cost runs far beyond the recruitment fee: months of salary for work that isn't delivered, decisions that stall, a team that loses momentum, and then the cost of starting again.
That's why every Wave appointment is backed by rigorous assessment and a replacement guarantee of up to twelve months.
WHERE THE COST COMES FROM
COST OF A BAD HIRE CALCULATOR
What does the wrong leader really cost?
Enter four numbers to see the full cost to your business, from wasted salary to lost momentum.
Your assumptions
ESTIMATED COST OF ONE BAD HIRE
That's {{multipleText}} the role's annual salary.
How we work this out
With Wave, the replacement search is on us.
An exit within twelve months falls under our replacement guarantee, removing {{savingText}} from this estimate. Combined with our 96% retention rate, you're far less likely to face this cost at all.
Reduce the risk from day one.
Our 96% retention rate after twelve months means leaders we place are far less likely to become this cost. Exits within the first year are covered by our replacement guarantee.
Subject to our terms and conditions.
An illustrative estimate based on the figures you enter. It assumes on-costs of 20% on top of salary, that a poor hire delivers about half of what the right hire would, and that the role creates value worth twice its salary (a common rule of thumb for senior roles, not a published statistic). Defaults are examples, not industry statistics.
LET'S TALK
Your next great appointment starts with a conversation.
Whether you're appointing a leader or ready for your next move, a Talent Director is ready to talk, in complete confidence.