It is no secret that business recruitment can be a painstaking process. Considering the prospect of company expansion and all due excitement, such positive emotion can soon become consumed by the stress and impatience of sourcing the ideal candidate within time and budget constraints.
According to Entrepreneur.com, the average cost of recruiting and training a new employee into a fresh position is $4,000. Over in the UK, HRreview’s research suggests it costs in excess of £30K to replace an existing position.
More information: https://blog.hrn.io/spiraling-recruitment-costs-hire-using-social-media/