Episode 26: The True Cost of Hiring

06/02/24 • 36 min

It's way more than just lunch during the interview: hiring a new employee presents an IMMENSE cost to a corporation, in ways that you've probably never considered.
Join us for a breakdown of what these expenses are, and how much corporations tend to spend. After this, you'll have a much greater understanding of why the hiring process can be so complicated.
References:
What Is the Cost of Hiring New Employees? (indeed.com)

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Previous Episode

Episode 25: Leaving a Job Prematurely: Who's Responsible?

You've only been in a job for 2 months, and already you're thinking about jumping ship. But why are you feeling this way? What's going on?
In this episode, Jimmy walks you through some of the more common reasons why people might leave a job prematurely. He'll help you point out when it's the organization's fault, but also when the responsibility falls on the employee. Enjoy!

Next Episode

Episode 27: Meetings Can REALLY Cost You!

The higher up the corporate ladder you go, you can expect to collaborate with your colleagues a whole lot more. And as a result? Your work calendar will fill up with meeting, after meeting, after meeting.
But have you ever thought about what these meetings ACTUALLY cost a company? Some corporations have begun figuring this out, and the results will ASTONISH you!
References:
Shopify’s CFO explains how its new meeting cost calculator works, and how it will cut 474,000 events in 2023: ‘Time is money’ (yahoo.com)

The Career Consigliere - Episode 26: The True Cost of Hiring

Transcript

Whaddaya hear, whaddya say? Welcome to episode 26 of the Career Consigliere podcast: your no frills, no BS forum for navigating the corporate job scene. We’re back with you once again for what we hope to be a highly informative and engaging half an hour, or so! Today, we’ll focus on the costs involved in employee onboarding. Yes, onboarding an employee is a TREMENDOUS expense for the average corporation, and we’ll be going through all the ways this usually breaks down, because there are