Recruiting new employees should be preceded by a clear understanding of the full costs of current employees in relation to those of each new hire. This is an exercise valuable to all organizations to help them budget for additional resources. Costs should be estimated based on compensation (salary, benefits, overtime, etc.) and infrastructure costs, including additional hardware, software, administration, and so on. An understanding of the 鈥渢rue鈥� cost of hiring a new employee is necessary for evaluating the ROI of a new hire.
Unlock Tool
Get Instant Access
Our systems detected an issue with your IP. If you think this is an error please submit your concerns via our contact form.