As the economy continues to explode in Colorado and competition for top performers is fierce, good employees are becoming harder and harder to find. Hiring the right culture fit who also has the preferred skill set is time consuming, frustrating, and a relentless process. Most of these people have multiple offers on the table and are receiving unbelievable counter-offers. It’s becoming a tormenting game for employers rather than an exciting opportunity. This is where recruiters can step in and truly benefit organizations. Check out the below articles that offer insights on the market and how recruiters can support your organization and in return save you time, money and a headache.
"Unemployment is at its lowest rate in decades across the nation, Colorado (2.8%) and even lower among finance & accounting folks (under 2%)." Click here to see more
"Studies have shown that the cost of replacing an entry level employee starts at 30% of their annual salary and goes up from their depending on level." Click here for full article
"Some studies (such as SHRM) predict that every time a business replaces a salaried employee, it costs 6 to 9 months’ salary on average… The cost of hiring can (even) exceed $40,000 per employee." Click here for full article