A good recruitment strategy is critical to the success of any business. Developing and implementing the recruitment strategy can be costly and time-consuming. As per estimated figures, the average organization tends to spend about 8 to 12 percent of a candidate’s paycheck towards recruiting cost.
Organizations can reduce this cost by utilizing the right technology to streamline the recruitment process. This significantly helps reduce spending on hiring candidates. Job placement agencies use Artificial Intelligence (AI) to take care of time-consuming and repetitive tasks. This can potentially help save money spent to hire an employee as well as improve the quality of recruitment. Continue reading