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The wrong hire now carries major costs for businesses, says CJPI

Chris Percival advised companies to review roles, consider the effect of AI, and define what success looked like before advertising. 

The wrong hire now carries major costs for businesses, says CJPI
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Chris Percival, founder and managing director at CJPI, said the wrong hire now carried a much higher cost for businesses, with factors like legal fees, new regulations and increased national insurance meaning there was no room for error. 

Recruitment costs for senior roles in the UK passed £19,000, with higher national insurance and new day-one employment rights. 

The cost of a mis-hire increased, including legal and administrative work.

Under new rules, the probation period did not give the same protection as before.

Percival said: “If you hire for a static job description from 2023, you are likely hiring for tasks that an LLM (Large Language Model) can now handle, leaving your new employee underutilised and disengaged.” 

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Poor cultural fit also disrupted teams, especially in hybrid or remote work.

Analysis showed firms moved away from long lists of requirements and years of experience. 

Skills-based hiring grew, especially in technical sectors where the shortage of skills continued. Employers removed degree bias, used micro-credentials and portfolios, and looked for learning agility. 

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Cross-functional workers who understood both technical and regulatory work were in demand.

Analysis also showed that companies hired fractional and interim workers for specific projects or part-time leadership roles. 

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This provided access to skilled staff in sectors like fintech and green energy without needing to hire full-time.

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Percival added: “They are no longer content to be ‘busy.’ High-performers are looking for roles that offer clarity of impact. 

“They want to know exactly how their work ‘moves the needle.’ 

“If your recruitment process cannot articulate the specific value the role creates, you will lose the best talent to competitors who can.”

Percival advised companies to review roles, consider the effect of artificial intelligence (AI), and define what success looked like before advertising. 

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He said pay transparency and clear hybrid work expectations were now standard.