Every business incurs significant costs when it recruits new staff. The average rate of staff attrition in the UK (UK National Statistics) currently stands at just over 18%. That means that your company will lose one in five of your staff this year - higher if you are in a service industry. So have you got a limitless budget to replace these staff, as well as growth recruitment?
Is this recession that is now on us going to limit your recruitment budgets? The problem for many companies, after the Financial Director has cut recruitment budgets, is that they still have to recruit staff. So how do you now look at recruiting staff, with a dramatically reduced recruitment budget?
You need to look at how you recruit and the methods you use - not simply picking up the phone to a recruitment agency, as that is probably the most expensive option. So, if you are really serious about wanting to reduce your recruitment costs, then here are some methods that we recommend you look at, to significantly reduce your recruitment costs.
- Better Staff Retention
- Your Own Website
- Direct Advertising
- Utilising Free Online Resources
- Direct Sourcing
- Talent Pooling
- Online Referrals
- Recruitment Blog
- Using Successful Direct Marketing skills
- Google Adwords
If you want any expansion on these, you can obtain a copy of our new paper, How to Recruit Staff in a Recesssion (below), by simply clicking here today.
If you would like to us to help you with:
- Reviewing your existing recruitment costs
- Setting up a cost reducing recruitment strategy
- Using your corporate website in a more effective way
- Creating your own talent pool
- Any other recruitment issues around reducing costs
Contact us today on 01903 206249 or email us, for an initial no obligation conversation.
You can of course use our live chat function on this page to chat to us now online.
