Overview

Have you ever stopped to think about how much it costs to recruit new staff? $1,000? $3,000? $10,000? It is estimated that it costs 25% to 30% of the salary to recruit a new employee. This is between $12,500 and $15,000 for an employee on an annual salary of $50,000.

This is just the cost of hiring and salary, advertising, administration, interviewing and induction. The actual cost is a lot more far-reaching. There are in-direct costs such as interrupted client relationships, loss of productivity, legal costs and disruptions to daily activities. Not to mention, severance pay for employees who leave, loss of intellectual property, re-training costs and negative impact on team relationships.

The fact is, regardless of where you work, recruiting and inducting staff is a costly exercise, and one you cannot afford to get wrong. You want to employ the right staff for your workplace and minimise the cost of staff turnover. Staffing your business with the best people available should be one of your highest priorities.

In this unit you will learn how to:

• Identify recruitment needs
• Administer recruitment
• Select staff
• Plan and organise induction programs.