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According to recent reports, the cost of replacing an employee is between 6-9 months’ salary on average. That figure covers recruitment costs and training expenses for the new employee also. When you factor in the additional costs from the loss of productivity between having to hire and train a new employee, it soon starts to

If there is one hugely appealing plus to a crucial candidate during your recruitment process, it will be a commitment to their growth once they accept an offer of employment. One reason that many new hires end up leaving a company after many years is that they have no further advancement opportunities with the company.

As a business, you will feel the pinch of today’s labour market and the thin avenue of filling top vacancies. No sooner have you found a top candidate than they are being snapped up by the competition, leading to a knowledge of their worth that has them comfortable rejecting excellent offers that they feel can

According to experts on Linkedin, the average time it takes companies to hire, after finding the right candidate, is steadily increasing to the level of forty days to make the right offer to an appealing candidate. Many companies point to the fact that skill shortages are behind the problem, but a large part also falls

Have you ever had the very best offer on the table for a desired candidate, then been baffled when they reject it in favour of something that offers less than the amount for a different employer? It happens more regularly than you think. Sometimes it can be the things you don’t consider an important factor

When in the market to hire a top candidate for an important role for your company, you may fall into that demographic that scans through candidate CVs and dismisses them purely on missing a few keywords. Many successful and burgeoning businesses make a crucial error when it comes to CV viewing – and that is

With the rapidly changing landscape of the UK to working patterns and candidate availability, it is no surprise that employing those ideal candidates for the financial sector has thinned to the point of major concern. Organisations have had to up their game in recruitment strategy because of the volume of offers that any candidate can

As a business owner in the financial sector, you will have witnessed the number of positions available in the sector currently outweighs the number of qualified candidates. As the financial sector has grown rapidly over the 2020s, and the demand for top-performing candidates has become widespread, business owners have had to put extra effort into

Many small businesses don’t realise the impact a Financial Director has on the financial health of their business. A Financial Director is not just a body to handle the accounting area of the company – more focus is brought by them on strategy and planning to build your organisation. Many SMEs and entrepreneurial businesses begin