Why hiring in-house might be your worst business decision
Briefly

The article highlights the challenges posed by traditional hiring practices, which are costly and time-consuming, particularly in an evolving business landscape. Many businesses struggle to keep pace with growth, illustrating the inadequacies of simply expanding staff numbers. Instead, partnering with specialized agencies can provide the expertise needed without the burden of recruitment and onboarding. Agencies allow businesses to remain agile while providing instant access to a wide range of skills and insights, thereby freeing up full-time employees to focus on broader strategic objectives.
We doubled our marketing team, and still fell behind. That's what one founder told me in January, frustrated after months of hiring, onboarding, and budgeting...only to lose ground anyway.
Hiring is expensive. Salaries, benefits, equipment, training...it adds up fast. Then there's turnover- 46% of employees plan to job hunt in the next three months, and replacing an employee costs about 50% of their annual salary.
Read at Fast Company
[
|
]