Resources

With recruitment agency fees ranging from 15% to 25% of a candidate's first-year salary, the expense adds up fast. But the financial burden doesn't stop there.

Consider this: the average fee for a recruitment agency is 20% of a new hire's salary.

More businesses are switching to modern recruitment models that offer subscription-based services or in-house recruitment solutions, allowing them to build their teams with a constant flow of talent while slashing traditional recruiting fees.

In a tight job market, companies must carefully balance their need for talent with budget constraints.

During economic slowdowns, the availability of top-tier candidates often increases, as more experienced professionals find themselves seeking new opportunities. However, businesses may also face pressure to reduce recruitment costs, making it critical to optimize their hiring processes.

Instead of relying on traditional recruitment methods, businesses are increasingly turning to flexible and scalable hiring models that align with economic realities.