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Recruitment Tips to Reduce Hiring Cost For Cash Strapped Businesses

HR Digest

An $8 per hour employee can end up costing an employer nearly $3,500 in turnover costs, says a report in Investopedia. According to Recruiterbox, the total cost of hiring a new person can go up to $5000 in the professional and manufacturing industry. per cent of total employee compensation. hours per year on training.