Hiring in tight labor markets requires low cost per hire solutions
CareerArc’s recruiting solutions aim to reduce cost per hire for expanding employers. The transaction costs associated with finding, screening, and onboarding new employees discourages new hires while encouraging increased pay for current employees. The current Great Resignation and large-scale shuffle in the labor market makes the cost-effective hiring of new employees essential. CareerArc solutions provide a marketing-based approach to attract interested qualities via organic social media posts spreading through people’s networks.
Balance Sheet|Competition|M&AIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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