The Most Expensive Employee Isn't the Highest Paid; It's the Wrong Hire
Written by
Head of HR
The most expensive employee isn't the one with the biggest paycheck. Our Head of HR Halimah Eletu-Odibo on the true cost of a wrong hire, and why every hiring decision is an investment in where the business goes next.

When people think about the cost of hiring, salary is usually the first thing that comes to mind. In reality, the most expensive employee isn't always the one with the biggest paycheck. More often than not, it's the wrong hire.
Working in HR has taught me that recruitment is one of the few business decisions where the true outcome isn't known immediately. An interview can tell you a lot about a candidate, but it can't tell you everything. Sometimes, the people who interview exceptionally well struggle once they're in the role, while others quietly exceed every expectation. That's what makes hiring both challenging and incredibly important.
The cost that doesn't show up on a payslip
At first, a poor hiring decision may not seem like a major setback. The role is filled, onboarding begins, and everyone hopes things will improve with time. But as the weeks go by, the real cost starts to surface.
A wrong hire doesn't just affect one role; it affects the entire business. Time that should be spent creating value is redirected to constant supervision, repeated corrections, and filling performance gaps. Team members take on additional responsibilities, productivity slows, and frustration begins to build. What seemed like a quick solution gradually becomes a much bigger problem.
The numbers back this up. Research from the UK's Recruitment and Employment Confederation found that a poor hire at mid-manager level, on a £42,000 salary, can end up costing a business over £132,000 once you add lost productivity, training, and the cost of recruiting all over again. That's more than three times the salary everyone was focused on at the start.
And here in Nigeria, the pressure is even sharper. Seventy per cent of Nigerian employers say they struggle to find qualified candidates because of skills mismatch, and 71% of employees resign within 12 months of starting a job. Every hire is made against that backdrop. Getting it wrong doesn't just cost money; it puts you back at the start of a queue that was already long.
I've also realized that the cost of a wrong hire isn't always financial. Sometimes it's the progress a team loses. Sometimes it's the confidence that begins to fade when people constantly have to compensate for someone else's shortcomings. Those costs don't appear on a spreadsheet, but they're often the ones businesses feel the most.
Every hire has a ripple effect
At Eggcorn Digital, where different teams work together to bring ideas to life, every hire has a ripple effect. A podcast production relies on producers, editors, hosts, and operations working in sync. Talent management depends on strong coordination, communication, and relationship management to deliver the best outcomes for both talent and partners. Client campaigns require account managers, creatives, strategists, and production teams to stay aligned from concept to execution.
When one person consistently struggles to meet expectations, the impact rarely stops with them. Deadlines shift, communication becomes more difficult, other team members step in to compensate, and the overall quality of delivery can suffer. Clients, audiences, brand partners, and the talent we represent may never see what happens behind the scenes, but they experience the outcome.
Urgency is the enemy of good hiring
One lesson I've learned is that urgency can sometimes become the enemy of good hiring. When a role has been vacant for weeks, the temptation is to fill it as quickly as possible. But recruitment isn't a race. Taking a little longer to find the right person is almost always less costly than replacing the wrong one a few months later.
That's why recruitment should never be viewed as simply filling a vacancy. Every hiring decision is an investment in the future of the organization. Getting it right starts long before interviews take place:
Understand the needs of the business before you write the job description, not after.
Define what success in the role actually looks like at three, six, and twelve months.
Ask meaningful questions that test how someone works, not just what they know.
Assess not just what a candidate can do, but how they will contribute to the team.
Resist the pressure of the vacant seat. A slow right answer beats a fast wrong one.
Technical competence will always matter, but skill alone isn't enough. The right hire is someone who is accountable, adaptable, collaborative, and committed to continuous learning. These qualities become even more valuable in a business where priorities evolve quickly and cross-functional teamwork is part of everyday work. And they matter even more with a generation that moves fast: 70% of Nigerian Gen Z employees say they won't stay in a job for more than two years, which means the hires you make have to count from day one.
Hiring is culture-building
As Eggcorn continues to grow, I've come to appreciate that every new hire helps shape our culture. Recruitment isn't just about solving today's staffing needs; it's about building the kind of team that can take the business where it's going next.
At Eggcorn Digital, we've learned that exceptional work starts with exceptional people. Whether we're producing engaging podcasts, managing influential talent, delivering impactful campaigns, or supporting the operations that keep everything running, our success depends on hiring people who bring both competence and character.
Because, in the end, the most expensive employee isn't the highest paid; it's the one who was never the right hire in the first place.
Key Takeaways
The real cost of a bad hire is rarely the salary. A £42,000 mid-level mis-hire can cost a UK business over £132,000.
70% of Nigerian employers struggle to find qualified candidates, and 71% of employees resign within their first year. Every hire counts.
A wrong hire affects the whole team: supervision time, morale, deadlines, and the quality clients experience.
Urgency is the enemy of good hiring. A vacant seat is cheaper than the wrong person in it.
Hire for character as well as competence: accountability, adaptability, and collaboration outlast any skills checklist.
Every hire is a culture decision, not just a staffing one.

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