Finding talent to add to your team can br a long and costly prospect. It now takes a average of 27 days to make a new hire. Those unfilled positions are costing you in lost revenue, money from mistakes make by employees doing too much to cover and low office morale.
Not only do you have to worry about your current employees while trying to find a new hire, but statistics show the best candidates are off the market in 10 days!
With all these obstacles, the average cost to hire a new employee has risen to a whopping $4,000!
Today recruiting has become more and more like marketing. Candidates need to be treated like leads. A funnel should be implemented with a full marketing plan. Prospects need to be sent relevant content at the appropriate times. Social media should be employed as well. A vast majority (91%) of employers are using social media to hire talent. A comprehensive marketing plan is imperative in today’s market to find top, qualified talent