Recruiting System Ready

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Recruiting System

Did you know that turnover can cost an organization anywhere between 50 and 150 percent of that job position's annual salary? I know, that's a large percentage gap, but that's because turnover is really hard to quantify. But if you think about it, you can easily see where that money is going. The time spent recruiting, interviewing, hiring and training is expensive. So is the lost work product, the lost customer who didn't get the best service because you were one person short, the overtime to get everything done and so forth. All of this makes turnover expensive, and finding the right person the first time around, pretty important.

The definition of recruiting is to generate a sufficient group from which to select the best talent. Often we take what we can get, and sometimes it feels like we have to choose from second or third chair candidates. Sometimes we get into, just get us a warm body and we'll figure it out later mode. If you've hired in that situation, you know it usually doesn't work out so well.


Source: https://www.linkedin.com/learning/strategic-human-resources/recruiting