5 ways your recruiting process is broken — and how to fix it

HR recruitment is a $200 billion industry. But if you think that’s a lot of money, you should see what bad hires cost. Nashville-area research provider Work Institute says 34 percent of employees quit within their first year, costing US businesses $536 billion a year. In tech, turnover is even higher. Coders may consistently tell recruiters they’re not looking for another job, but the statistics say they’re prone to jump ship. According to job search company Paysa, the average