Hiring the wrong employee can incur heavy costs (between 5x up to 15x the annual salary of the incumbent). Make a poor hiring decision, and it may cost you more than that—your customers may start leaving you for good. A good hire starts with recruitment: which is often a time-consuming and process that requires strategic decision making and systematic selection. Here are 5 steps to keep that process efficient: 1. Effective Candidate Sourcing Effective hiring starts with a goo