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Hiring a new employee is an investment, and companies want to ensure they evaluate the applicant’s skills thoroughly before giving them an offer. Therefore, firms tend to hold multiple rounds of interviews to gather maximum information about a candidate. In return, the candidates get to learn more about the culture through multiple rounds of conversation. While this may seem like a win-win situation: finding a new employee who will excel at their role and saving the firm from quick turnovers, a taxing recruitment model can cost your company top talent.
The recent Great Resignation has led to a record high
