The job market has been growing increasingly unstable: with 4.4 million workers quitting their jobs in April 2022, the Great Resignation continues to impact businesses. Additionally, many jobs are being cut due to the fear of a looming recession. More than 19,000 workers were laid off in the tech sector alone in the first few months of 2022.
This volatility in the job market can prove to be costly for your firm. Resignations and layoffs result in losing a qualified and skilled workforce, affecting business growth. Devising a well-rounded hiring process to hire the right talent can help tackle this