What are the risks you expose your business to when you hire staff?

[King Belieal]

Almost every aspect of business comes with some form of risks. One of such process is when you hire staff for your business. They might defraud your business. They might mismanage it. Do you think it is a risk to hire staff for your business?

 

[eLdavis]

Yes hiring someone for your business can also be risky as there is no telling what they would do, or how they would handle the business.

 

[Kera]

I have seen a business being defrauded by a staff the very first day the staff resumed. Transferred all funds from the business account to his account and disappeared.

 

[Springtime]

Yes, there is risk when hiring a staff. You never know whether s(he) will betray the company. That's why it is important to do a credibility check when hiring staff.

 

[King Belieal]

You run the risk of having your business secrets leaked when you hire someone. That could harm your business.

 

[Trush Jodie]

Any business that hires a staff is running a risk of higher overhead costs and a possible loss in the production process.

 

[Augusta]

Hiring staff exposes businesses to various risks, including legal issues, financial losses, and reputational damage.