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Did you ever felt the need of it? Every year, a company spends millions on recruitment, but what is the result?
"According to the Corporate Advisory Board of Washington DC, the cost of replacing staff can be anything between 50% and 175% of that persons annual salary and, as we are all aware, employees in the new millennium do not stay with a company for life as perhaps their grandparents did."
Before proceeding further, I like to share some facts about recruitment, probably known to you, in a survey it has been found that -
38% of organizations produce no reports on recruitment activity whatsoever and are therefore unaccountable for the time and spend involved...
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