What does it cost you if you don't optimize your recruiting processes?

By optimizing your recruiting processes with the JobShop from talentsconnect, you can achieve significant cost savings. Unfilled positions incur high costs through lost productivity, increased recruitment costs, and missed revenue opportunities. The JobShop aims to increase the number and quality of applications and reduce the time it takes to fill positions.

1. Vacancy costs:

   • Origin: Unfilled positions incur costs through lost productivity and additional recruitment expenditure.
   • Calculation: The Sullivan Formula is used to calculate the costs of unfilled positions.

2. Optimization through JobShop:

   • Improved applicant numbers and quality: The JobShop helps attract more and better-qualified applicants.
   • Reduced vacancy times: More efficient processes mean positions are filled more quickly.

3. Cost savings:

   • Example BIKE24: By using the JobShop, BIKE24 was able to save over €185,000 in five months.
   • Long-term benefit: In addition to immediate savings, optimized processes also contribute to the long-term financial health of a company.

4. Sullivan Formula:

   • Application: This formula helps accurately calculate the costs arising from vacancies and is a valuable tool for assessing the efficiency of recruiting processes.

5. Efficiency improvement:

   • Process optimization: By using the JobShop, companies can optimize their recruitment processes and save time and money.
   • ROI calculation: The page also offers tools and methods for calculating the return on investment (ROI) of recruiting measures:

You can find further details on the following page: https://www.talentsconnect-ag.de/jobshop/return-on-investment