Hiring is risky business. No matter how good your hiring process, there are still many unforeseeable factors that can cause a quality hire to leave your employ early. Some of these unforeseen reasons include:

  • Marriage or engagement
  • Trailing spouse
  • Child care
  • Elder care
  • Return to school
  • Career change
  • Homesickness
  • Better weather
  • Better opportunity
  • Culture clash
  • Personality conflict
  • Extended military leave
  • Family commitment
  • Health
  • Accident
  • Death

The list is endless. As a result, the recruitment industry has been understandably resistant to guaranteeing their placements for any more than a nominal 30, 60, or 90 days.

But now, with Hire Golden's No-Fault Hiring Guarantee , you can unconditionally guarantee the success of your new hires that you or another recruiter have recruited, for any length of time, for just 4% per year.  If, for any reason, the guaranteed hire leaves your employ within
the policy term, we will promptly replace them at no charge!
See our No-Fault Hiring Guarantee below.

It's Easy to Guarantee a New Hire
To guarantee a new hire, all you need to do is send the individual's résumé, job description, and compensation (salary or first year target earnings) along with a non-refundable $150 application fee.

We evaluate the individual's hiring risk using our proprietary selection technology.

  • If we rate the individual a Golden Hirea 6 or 7-star rating on our 7-Star Rating System (see below) — we will underwrite the new hire for just 4% of his or her starting salary (or on-target earnings) for each year of coverage.
  • If we rate the individual a Mediocre Hire a 5-star rating — we will advise you against making the hire, but will still guarantee the individual for 8% per year of coverage.
  • If we rate the individual a Bad Hirea 1, 2, 3, or 4-star rating — we will strongly advise you against making the hire and will decline to underwrite the individual.

How to Compute the Guarantee Premium
Premium = Salary x Premium Rate x Years of Coverage

For example, if the guaranteed hire is rated a 7 and has a starting salary of $50,000, your premium for one year of coverage will be $2,000
($50,000 x 4% x 1 year).

 

 
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