Cutting Costs of Hiring: The DG Recruitment Advantage
In today’s competitive market, the cost of hiring new employees is a significant concern for businesses worldwide. The average cost per hire has been steadily rising, with estimates ranging from $4,000 to over $20,000, not including salary and benefits and internal HR department costs. This includes expenses like recruitment advertising, onboarding, referral bonuses, and more.
Detailed Costs of Hiring:
- Recruitment Advertising: Job ads can be expensive, especially for high-demand roles.
- Recruiting Software: Essential tools like applicant tracking systems come at a cost.
- Interview Process: Time spent by hiring managers and teams translates to significant costs.
- On-boarding: Training and integrating a new employee is resource-intensive.
- Recruiter Fees: External recruiters can charge large portions of the hire’s first-year salary.
The average cost per hire in the U.S. is around $4,700, and it takes about 36 days to fill a position. For executive hires, this cost can soar to approximately $14,936 per recruit. In the EU costs can be between 3000EUR to 25000EURO per person.
However, there’s a way to optimize your hiring process and reduce these costs significantly. DG Recruitment is your strategic partner in this endeavour, offering a suite of services designed to streamline your hiring process and cut costs effectively.
How DG Recruitment Cuts Costs:
- Extensive International Coverage: believe it or not, an Independent Recruitment Consultant can reduce job ad expenses to zero only by using his own global network of candidate pools created and crafted over years
- InteractiveWorker Database: Shortens recruitment time with an interactive database of candidates. An “interactive worker database” is a database of active potential candidates who are also active voices in their respective communities, so… you can understand the exact pool coverage
- Pinpointing your job offer to the exact pool of candidates: Cuts costs for job boards with efficient online presence.
- Free Replacement Policy: Eliminates re-recruitment costs with a free replacement policy.
- Cost-Effective Services: Offers negotiable fees with a “no-win-no-fee” policy.
At DG Recruitment, we understand the challenges you face and are committed to providing solutions that not only meet but exceed your expectations. We invite you to contact DG Recruitment for a full detailed assessment of how we can assist in reducing your hiring costs while securing top talent for your organization.
Are you looking to cut down on hiring costs without sacrificing quality?
Contact DG Recruitment today for a comprehensive assessment and see how our innovative services can benefit your business. Let us help you navigate the complexities of recruitment while keeping your expenses in check.
See here our transparent fee calculator, and remember…, it is still negotiable!
Embrace the future of hiring with DG Recruitment – where quality meets cost-effectiveness.