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And let’s be real—the cost of replacing one skilleddeveloper can easily range from $50,000 to $100,000 or more, including expenses for job postings, interviews, and recruiter fees. This reduces the disruption of constant hiring and saves the business significant costs associated with recruitment and onboarding.
Also, since you have a bustling employee branding you don’t have to invest too heavily on recruitment processes. Career development is one of the most crucial factors for employees when they consider a job. In fact, according to a 2018 survey, 75% of employees are looking for opportunities for skilldevelopment.
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