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- Hiring top positions: speed vs. cost.
Hiring top positions: speed vs. cost.
The urge to cut costs wherever possible is understandable, especially when it comes to recruiting fees.
Hiring top positions: speed vs. cost.
The urge to cut costs wherever possible is understandable, especially when it comes to recruiting fees.
Opportunity costs are real
However, it's crucial to weigh the opportunity cost of not filling a critical position. If you've been trying to make a key hire for over 4 months using your network and internal resources without success, it might be time to reconsider your strategy.
Engaging a reputable recruiting firm that specializes in your needed area—be it product, engineering, sales, marketing, or finance—can make a significant difference.
Missing out on crucial growth opportunities
Remember, if a role is truly critical, waiting more than 4 months to fill it might mean it's time to question its importance. Efficiency in hiring is not just about saving costs but ensuring your company doesn't miss out on crucial growth opportunities.