The Complete Guide to Employee Cost: How to Calculate the Cost of an Employee
Velocity Global
FEBRUARY 20, 2023
If you outsource your recruiting needs to an external partner, you will likely have to pay a commission or retainer amounting to 15% to 30% of the base salary of any position they fill. Hidden Costs You might easily overlook the cost of things like meetings, ongoing training, seminars, and company retreats when calculating employee costs.
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