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How Much Does An Employee Cost

Joe Hadzima: “Although you can’t control the hiring process exactly you can understand the economic metrics of what you are doing and that can help you avoid some really unpleasant results.”

According to Mr. Hadzima, the costs of an employee include:

  • Recruiting Expenses.
  • Basic Salary.
  • Employment Taxes.
  • Benefits.
  • Space.
  • Other Equipment.
   

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