Hiring is a never-ending cycle for a business. The perpetual process of finding, onboarding, training, and discharging employees isn’t just constant. It’s expensive.
Most people have seen the dated statistic that it costs around $5,000 to hire someone. However, the HR professionals at SHRM clarify that this is just the tip of the iceberg. Once you consider the entire impact of employee turnover, it can actually add up to as much as three or four times the position’s annual salary.
This makes the hiring process a multi-million-dollar activity. HR reps must race to minimize costs and streamline the process of finding and attracting top talent for each position.
If your company
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