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Finding the perfect hire for a senior executive position can take months of searching and interviewing — but that’s only half the battle.
Without an effective onboarding strategy, you may end up repeating your search in 12-18 months. Whether you let them go for failing to hit their target or they leave out of frustration, the result is the same.
When that happens, you’ve not only wasted time and effort, but you’ve also lost a substantial chunk of your budget. Gallup research shows that it costs one-half to two times an employee’s salary to replace them — and a senior executive’s salary
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