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3 WAYS DEFENSE CONTRACTORS CAN SLASH SURGE HIRING COSTS

Posted on May 2nd, 2017 with No comments

Published by GovLoop, by Sara Jensen, VP of Business Development

You know how hard it is to hire a great employee. Now, imagine needing to hire dozens of highly skilled workers eligible for federal security clearance in mere months. Sounds impossible, right?

Yet, that’s the challenge defense contractors like Lockheed Martin overcome year after year. The aerospace technology company is contracted to deliver 66 F-35 fighters this year — and double that number the next — requiring it to hire 40 new workers for the project.

Such hiring surges don’t come cheap. In fact, a 2016 report by the Society for Human Resource Management revealed that it takes $4,129 and 42 days for the average company to fill a vacancy. When you cut the timeline and add clearance requirements, those costs only grow. Read the full article on GovLoop.



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