If any selection made by firm is wrong or poor selection, what would be the costs to the company?

If any selection made by firm is wrong or poor selection, what would be the costs to the company?

Direct Costs:
• Re-advertising cost.
• Panel time and effort
• HR staff time and effort

Indirect Costs:
• Reduced productivity
• Time taken for new hire to become productive.
• Lost productivity while position is vacant.