In today's tight labor market, hiring and retaining top talent is more challenging than ever. Every day a job remains unfilled means lost productivity and revenue.
But vacancies can affect much more than your revenue. There are multiple direct and indirect costs, and it's crucial to adapt your recruiting strategies to prioritize the most costly open roles.
So how do you accurately calculate the cost of a vacancy, and what strategies can you use to minimize the impact on your company's bottom line? In our new guide, we explore:
- What impacts the cost of a vacancy
- How employees and teams are affected
- How it can help shape your TA strategies
- The exact calculations we use to prioritize open roles