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Some retire or move to another part of the country. Recruitment Costs The price of finding the right person to hire can quickly add up. Recent research revealed that: More than half of organizations increased their recruitment efforts in 2024. One in four organizations say they receive too few applicants for open roles.
Some retire or move to another part of the country. Recruitment Costs. These costs can include the man-hours that your internal recruiter puts into the candidate search (writing job descriptions, screening resumes, scheduling and attending interviews, and doing background and reference checks, to name a few.).
Companies that offer financial wellness programs are more likely to retain their employees, thereby avoiding unnecessary expenditures on recruitment and training and the loss of skills and institutional knowledge that is difficult to recover. This can include training on debt management, retirement planning, and investment strategies.
Companies that offer financial wellness programs are more likely to retain their employees, which avoids unnecessary expenditure on recruitment and training and the unrecoverable loss of skills and institutional knowledge. Payactiv will not be liable for any errors or omissions in this information nor for the availability of this information.
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