Based on our experience in the United Kingdom, find below a comparison of costs of the option with a more traditional recruitment process, we can begin to see some strong financial benefits accruing.
In the traditional recruitment model, the financial considerations are likely to be:
- potential salary of new employee – €42k
- recruitment costs/fees – €5k
- fully utilized after 6 months
- additional training may be required
The junior training model will look more like this:
- potential salary of individual – €26k
- no recruitment fees
- fully utilized in 4 months
- training costs – €8k
