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Busi nesseswast i ngt housandsonout dat ed hi r i ngt echni ques Or gani sat i onsar epot ent i al l ywast i ngupt o£13, 500perhi r ebyusi ng i nef f ect i veandout dat edr ecr ui t mentmet hods,accor di ngt or ecenti nsi ghtf r om peer t opeerr ecommendat i onf i r m,AnyGood?

Ar evi ewofcol l at eddat ahasr eveal edt hatbusi nessescoul dsavean est i mat ed£8, 500f oraseni orl evelhi r ebyswi t chi ngt oapeer r ecommendat i onr ecr ui t mentpr ocess.Thi sf i gur ej umpst o£13, 500f or CSui t epr of essi onal s.

Whenl ooki ngatt hecont i ngentwor kf or ce,manager scoul dbewast i ngast agger i ng£13, 500byusi ngover l yexpensi vet hi r dpar t i est o sour cecont r act or sf orayearl ongpr oj ect ,wi t hshor t ercont r act spot ent i al l ycost i ngacompany£3, 500mor et hannecessar y .

Jul i etEccl est on,CoFounderofAnyGood?comment s: “ Aspar tofmyexper i encei npr ogr ammemanagementI ’ vel ear ntt o i dent i f ywast agei npr ocessesandpr ocedur esandi tst r uckmet hata l otoft i meandmoneyi sl ostdur i ngr ecr ui t mentduet ot heuseofqui t e f r ankl yi nef f i ci entandout dat edmet hods.Gi venhowwel lconnect ed weal lar eandhowval uabl eapr of essi onalr ecommendat i oni s,i t si mpl ymakesnosenset ohandoverl ar gesumsofmoneyt oanout sour cedr ecr ui t eri nt hehopet hatt heycanf i ndt her i ghtcandi dat e. “ Whenweal soconsi dert hatawr onghi r ehast hepot ent i alt ocost yourf i r m £132, 000,t r ust i nganagencyt osour ceapr of essi onalwho i st heper f ectf i tf oryouwi t hl i t t l et onopr evi ousengagementwi t h t hem i sagambl et hatshoul dbeavoi ded.

“ Andi t ’ snotj ustf i nancest hatcanbewast ed.Theaver aget i met ohi r ei s 27.

59days.Thesi mpl ef acti s,wear eoper at i ngi nawor l dwher ei mmedi acyi snotonl ycr uci al ,butal sopossi bl e.Wecani nst ant l yi nt er actwi t h peopl eonl i neandwecanf i ndoutkeyi nf or mat i ononaper son’ scar eer t hr oughLi nkedI ni nseconds.Spendi ngamont hsour ci ngcandi dat esf or ar ol ei sacompl et ewast eofr esour cest hatshoul dandcanber ect i f i ed.

I nf act ,t hr ought heuseofpeer t opeerr ecr ui t ment ,we’ veseent he hi r i ngpr ocessf r om i ni t i alr ecommendat i ont hr ought oj obof f ert akeas l i t t l east woweeks–andt hati ncl udesmul t i pl ei nt er vi ews! “ I t ’ scl eart omet hatt her e’ sanexcessi veamountofwast agei nf art oo manyr ecr ui t mentpr ocessesatt hemoment .Whi l ewe’ r eseei ngexampl esofpeopl el ever agi ngt hi ngst hatt heypr evi ousl ydi dn’ tconsi derof val uei nt hei rper sonall i ves–UberandAi r bnbt appi ngi nt ot hef i nanci al benef i t sofempt yr oomsorspar eseat si nacar ,f orexampl e–t her e’ s l i t t l esuchi nnovat i ononapr of essi onall evel .Forbusi nesses,now’ st he t i met ocl eanupt hei rhi r i ngandt akeamor est r at egi candef f i ci entappr oacht ot al entsour ci ng. ”