Chart Your Course

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Cutting Costs/Curtailing Services Can Produce Crappy Customer Service

Chart Your Course

In uncertain economic times, it’s common for businesses to focus their time and energies on ways to cut costs. According to a survey conducted by Harris Interactive for Careerbuilder.com in 2012, 40 percent of companies said they lost upwards of $25,000 per bad hire in 2011, and 25 percent estimated the cost was more than $50,000.

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Five Strategies for Hiring Success

Chart Your Course

The National Association of Colleges and Employers estimates the average cost-per-hire in 2011 and 2012 was $5,100. It is critical to write a detailed job description for the position you are looking to fill- listing specific skills, responsibilities, and time and energy requirements.

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