IS CASH FLOW AFFECTING YOUR HIRING?

There’s been plenty of talk as to whether or not business will pick up in 2017. Most companies are hoping the startup of several projects are just the beginning of an improvement in the overall construction sector. As businesses are awarded projects, they find themselves in a situation where they are strapped for cash but hesitant to hire people due to the cost of hiring.

Companies face increased costs when hiring a new employee because of recruitment, orientations and training. A Harris interactive poll showed the average costs were 40% in lost time and 37% to train and orientate a new worker or when replacing another worker.

The estimated costs of hiring, training and onboarding a new employee ranges from 1.5x to 3x the average salary.

If your company is going through a growth stage and interested in saving onboarding costs, contact us at Safety Evolution. Our software with the built-in Employee Onboarding & Orientation module can save your company up to 70%. For more information, watch our video at

http://www.safetyevolution.com/blog/post/5/Automated_Onboarding_and_Orientation/