{"id":22397,"date":"2022-08-22T23:34:59","date_gmt":"2022-08-22T23:34:59","guid":{"rendered":"https:\/\/www.lawsondelaney.com.au\/?p=22397"},"modified":"2022-09-08T01:22:46","modified_gmt":"2022-09-08T01:22:46","slug":"how-to-keep-hiring-costs-down","status":"publish","type":"post","link":"https:\/\/www.lawsondelaney.com.au\/how-to-keep-hiring-costs-down\/","title":{"rendered":"How to Keep Hiring Costs Down"},"content":{"rendered":"

Hiring a new employee is a significant step for any firm, however, it often isn\u2019t the cost of new equipment, software and or training that adds up but poor recruitment and onboarding processes.\u00a0<\/span><\/p>\n

When analysing how firms can manage and mitigate these costs, most conversations lead back to effective planning, having the correct resources in play (and retaining them) and recruiting strategically.<\/span><\/p>\n

\u201cMany of our clients have vacancies for several months before a suitable candidate is hired.\u201d<\/strong> says Tania Rogers, Director of Lawson Delaney<\/a>. \u201cTo mitigate this risk, it\u2019s imperative to ensure that your hiring managers and business leaders are fully aligned on recruitment needs so that, when the right person comes along, you can act with speed.\u201d\u00a0<\/strong><\/span><\/p>\n

Lawson Delaney\u2019s research, corroborated by Australian HR Institute data, shows that the average cost to hire an employee has more than doubled since the beginning of 2021. The main factors that contribute to this cost are:<\/span><\/p>\n