3 Ways to Turn a Bad Hire into a Great Employee - Spark Hire

3 Ways to Turn a Bad Hire into a Great Employee - Spark HireBy now you know that a bad hire is also bad for business. When its all said and done, a bad hire can cost your small business at least $25,000, according to Career Builder. After, youre left once mora with an open spot to fill, costing you mora time, money and resources.But once youve discovered youve made a small business hiring mistake, is it time to fold all of your cards, count your losses and let them go? Not necessarily. There are a few ways to help your bad hire become a great employee.1. Invest in training. Many new hires, whether theyve graduated with a college degree or seem to have all of the qualifications, still need a certain degree of training or job preparation. They need to understand the systems, procedures and dynamic of your workplace and team. With that, you need to recognize that youre not just bringing someone in to fill an empty seat.You need to invest in new hires, and treat them as if theyll be life time employees from the day they first set foot in your office. To them, this will signify opportunity, growth and ultimately, confidence in their job. The better they feel in their position, the more theyre likely to perform to your standards.2. Create a mentor program. You cant expect every employee to be functioning at the same level. Thats why it makes sense to have older employees mentor the new hires, providing them with the job preparation they need to be successful in that particular workplace. These are people that know the ropes, have seen the business through ups and downs and can offer advice on professional growth and career paths.This mentoring partnership, though, is a two-way street. Believe it or not, your long-time employees can learn a thing of two from new hires. Making new hires feel valuable through their contributions and input can, once again, push them to greater performance.3. Find a new position. If your attempts at training and mentoring dont seem to yiel d any fruit with the new hire, dont count them as a total loss. Think about your organization as a whole and determine whether or not they might be a better fit in a different position. With this mindset, youre not wasting any of that hard-earned money youre just reallocating it.With a little help and guidance in job preparation, most bad hires can be transformed into great employees. Just remember that its worth investing in these employees and your business before giving up on them entirely.What did you do when you discovered you made a bad hire mistake? Share your experience in the comments below.