The toxic employee: we've all worked with one and dread having them around. Cornerstone's recent study unveils how toxic employees affect morale, productivity and staff attrition.
Download our report, Toxic Employees in the Workplace - Hidden Costs and How to Spot Them, to access the results, including how:
• good employees quit at a 54% higher rate when they work with a toxic employee
• the cost to onboard a toxic employee is 3x that of a non-toxic employee
• to manage a toxic employee and what warning signs to look for during the interview process.
Leveraging econometric analysis of a dataset of approximately 63,000 hired employees spanning approximately 250,000 observations, this report looks not only at the measurable costs of toxic behavior such as sexual harassment, theft and fraud, but also other, equally damaging and harder-to-measure costs. The report examines these indirect costs closely, looking particularly at the toll toxic employees take on co-workers, and concludes that these costs create an even larger financial burden on businesses than the direct impact of an employee’s misbehavior