Seriously! Research says the process can take, on average, three weeks to a month and a half and cost roughly $4,000. Not to mention, if the new employee doesn’t work out, you lose more than what you sunk into the first hiring process; there’s also a loss of productivity until the subsequent new hire is up to speed.

The good news is: Your current employees can be your best kept secret when it comes to building your dream team. Leveraging them in the recruiting process is a cost effective strategy that will bring you quality candidates and help you win over top talent. It’s all about employee advocacy. Why? This type of word-of-mouth marketing builds legitimacy and credibility for your company and brand, and it draw in recruits who are more likely to be a fit for your culture, mission, and values.