Klarinet Archive - Posting 001269.txt from 1998/04

From: Jonathan Cohler <cohler@-----.net>
Subj: Re: Pay analysis of Full-time Orchs
Date: Wed, 22 Apr 1998 20:55:19 -0400

>Jonathan Cohler wrote:
>
>> businesses are willing to pay 5% of the total salary paid as a recruiting
>> cost.
>
>But they stop as soon as the find a suitable candidate. They don't keep
>interviewing. So while they may be WILLING to spend that much should it be
>necessary, if the first guy they call in impresses them, they don't even
>bother
>to invite the rest of the list to interview and they save themselves some of
>that money.

Having run several businesses in the past, and having been privvy to the
financial statements of dozens of companies in the computer and publishing
businesses, I can tell you that this is simply incorrect.

Those businesses that I know of SPEND the money they budget for recruiting.
That's why they have a budgeting process--to determine how much they plan
to spend and how much they plan to make. If they spend less in one year,
they may budget less in the following year. But the numbers I gave were
industry wide averages. So the year to year fluctuations are not relevant.

------------------
Jonathan Cohler
cohler@-----.net