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Companies spend over €50,000 to lure employees away from their competitors

Publicat la 07.10.2008, 21:00:00

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Companies spend over €50,000 to lure employees away from their competitors

The cost of a headhunting project can be anywhere from €10,000-€100,000, according to specialists in the field.

“Headhunting is increasingly used for recruiting, making up one third of this market,” according to Hudson recruiting company Consultant Oana Anton. This is due to the fact that many companies, especially in IT, fast moving consumer goods (FMCG) and retail require people for key positions who can bring in fast results, guaranteed by their previous experience.

“The rapid growth rate of companies, pressures generated by competition, lack of appropriate HR policies, and a total lack of succession plans are some of the causes leading many companies to recruit [personnel] from the competition, according to Perspective Group Managing Partner, Alina Botezatu.

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