Time spent finding staff
For many recruitment is not part of their day to day role and so any time you spend on this activity will be a cost. In addition the time taken to find the right candidate will have an ongoing cost to your business. This cost can come from reduced productivity and or bonuses paid to existing staff members. There is no way of avoiding some of these costs, however you can reduce them by working with a trusted partner, this can take the form of advertising a role or specialist recruitment agency.