The World Health Organization estimates that mental health related disorders cost the global economy $1 trillion in productivity every year. Mental health presenteeism, which is workers who attend work but are mentally unable to work, costs 3x as much as mental health absenteeism. Not only is there a direct impact on productivity and profits, but a negative effect on office culture and the health of your employees.
Hiring the right candidate for a position is an incredibly important decision for any company. Candidates are potential employees, employees mean productivity, and productivity means money and success for the company. Therefore, time and diligence should be invested in the hiring process.
One great tip to plan out your interviews is to first determine exactly what you are looking for: what tasks will the potential candidate need to accomplish within the first year? This not only makes it ultra-clear to you what exactly the job entails and what characteristics a candidate needs to possess, but it also creates a bigger, long-term picture of the goals of the company and where you see the candidate standing in that picture.