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Unfilled positions cost money. It basically means that one can not take on as much work which means that the organization does not generate as
Unfilled positions cost money. It basically means that one can not take on as much work which means that the organization does not generate as much turnover, resulting in lower profit margins. The cost of recruiting For every open vacancy that an organization is actively recruiting for, it is paying wages for the HR team to run adverts, handle queries from interested job hunters, review CVs and application forms, support managers with HR best practice and at interviews, draft letters to both successful and unsuccessful candidates and provide feedback where it is requested. This indicates that not only is the vacancy resulting in reduced productivity, but it is also costing the organization money. Once a new candidate has been selected, they will be a delay before they become effective. This is due to the need to train them, and to embed them into the team and established ways of working. They will need time to become familiar with the software and corporate approach to delivery, the needs of the clients and the style of the business. Please comment
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