7 Arguments in Favor of Market-Ready Hiring Strategies 1) Reduces Hiring Strategy Costs You can cut costs for your company by having a good hiring strategy. Cutting recruiting costs is essential because a corporation must pay to hire a new employee each time. Finding, hiring, and training a new team member typically costs an employer 1.5 times the employee’s salary. 2) A more robust application pool Increasing your applicant pool is another benefit of strengthening your recruitment strategy, in addition to reducing total expenditures. When you have a clear plan for how you will locate candidates and where you will post your job opportunities, the best candidates are more likely to apply. Recognition for your methodical hiring strategy could broaden the talent pool to which you have access. 3) Hiring Methodology Raises Retention Rates It’s time to reassess your hiring process if your staff retention rates are low. You can discuss and arrange the screening process efficiently after you are certain of the attributes you are searching for in a candidate. This will ensure that the applicant and the role are a good fit. 4) Provides Greater Accuracy You conduct background checks on applicants as part of your hiring procedure […] read more