by: Ken Kanara
The ramp up period for a new hire is the time it takes for them to become productive. At the end of the ramp up period, they reach their “break-even” point, or the point when a hire begins making the company more money than they cost. A survey involving 610 CEOs conducted by Harvard Business School estimated that mid-level managers take 6.2 months to reach this “break-even” point. The lost time and lower productivity is a direct cost of the recruiting process, a cost that would have to be repeated if the hire doesn’t work out.
