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Employee Retention

Companies need to look at how to retain candidates that they recruit and hire. Losing employees almost always results in significant costs to the corporation.

How much does it costs to recruit and hire a new employee?

We asked Employers and Recruiters: What is the average cost to hire and train a new full-time employee at your firm?

CW

  • Under $5,000: 8%
  • $5,000-$10,000: 28%
  • $10,000-$15,000: 48%
  • $15,000+: 16%

DS

  • Under $5,000: 0%
  • $5,000-$10,000: 66%
  • $10,000-$15,000: 22%
  • $15,000+: 12%

MBA

  • Under $5,000: 0%
  • $5,000-$10,000: 48%
  • $10,000-$15,000: 40%
  • $15,000+: 12%

CX

  • Under $5,000: 2%
  • $5,000-$10,000: 56%
  • $10,000-$15,000: 42%
  • $15,000+: 0%

Expert Tips for your Job Search

We asked our Corporate Recruiters: After you have received a candidate's resume and they have applied for a position at your company, what can the candidate do to increase his/her chances of an interview at your company?

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