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Traditional Hiring

The Problem with Hiring Today

Traditional hiring is broken. It's slow, expensive, and it's costing companies billions.

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The Costs

lThe global cost of mis-hiring? Over $540 billion a year.

That’s the price we’re all paying for a broken system.

Each bad hire costs you up to 30% of their first-year salary.
For senior or specialized roles, that number can skyrocket to 200%.
And it’s not just money—it’s time, morale, lost momentum, and team drag.

And a massive chunk of that comes from companies paying premium fees to recruitment agencies and headhunters, over $200 Billion per year on Third-Party Recruiters for white-Collar roles alone—only to end up with bad hires, slow processes, and missed execution.

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1 in 5

hires leave within the first 12 months after starting in a new job position

46%

of all new hires fail within 18 months and only 19% achieve full success

74%

of employers admit the've hired the wrong person (and 85% in UK)

17%

of time spend by hiring managers on managing underperformers

30%

decrease in team performance as the result of one bad hire

What does mis-hiring cost your company

Smaller-sized company Loss: $30k/yr

10 Hires per year

Based on 10 hires per year, 20% fail, $50k salary, 30% cost.

Medium-sized company Loss: $360k/yr

100 hires per year

Based on 100 hires per year, 20% fail, $60k salary, 30% cost.

Larger-Sized Company Loss: $3.6m/Yr

1,000 hires per year

Based on 1,000 hires, 20% fail, $60k salary, 30% cost.

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The issue with hiring processes

Hiring Managers are Frustrated. Recruiters are drowning. And bad hires keep slipping through.

You’re not imagining it. The hiring process is bloated, biased, and built for speed dating—not performance.

  • >> Recruiters spend hours digging through the same LinkedIn lists, inboxes and stale databases.
  • >> Interviews are rushed, irrelevant, or books weeks after approaching the candidate-- by the time they happen, top talent is gone.
  • >> Hiring managers are left doing the deep digging themselves-- after the wrong people are already in the funnel.
  • >> Meanwhile, the real doers? They're already hired by someone else.
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More bottlenecks

Interviews are a bottleneck. And it's costing you the best people.

You’ve found someone promising—but now you need to coordinate calendars. Your team’s in back-to-backs. The candidate’s halfway across the world. And that interview? It’s scheduled for next Thursday at 2PM.

By then, they’ve taken another offer. Or lost interest.
The best talent moves fast—and traditional hiring moves too slow.

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The Real Problem?

Proof of Execution is missing from the process

Most hiring systems reward noise over nuance.
Buzzwords over outcomes. Talkers over doers.
We rely on resumes and personality—then cross our fingers.

We don’t need more pitches.
We need proof.

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The End of Traditional Hiring

That's why we built 10xHire

To remove the fluff and surface the people who can actually deliver.

With TrueTalk™, candidates step into real-world interview scenarios—and show what they can do.
No more endless CVs. No more guessing games. No more missed interviews.

They record their interviews asynchronously, on their own time.
You review when it suits you.
No scheduling. No delays. No friction.

Instant signal. No meetings required.

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The End of Traditional Hiring

This is hiring built for execution

You need the right conversations—with the right people, who can prove they belong.

Let’s stop rewarding smooth talk.
Let’s start hiring for proof of performance.

Ready to see it in action?

✅ Experience a TrueTalk™ simulation
✅ Review AI-scored, outcome-based candidate recordings instantly
✅ Hire better in days—not months

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Ready to see it in action?

✅ Experience a TrueTalk™ simulation
✅ Review AI-scored, outcome-based candidate recordings instantly
✅ Hire better in days—not months

Get Started