Cost of a Direct Hire

1) Sourcing costs – costs incurred during the initial search for the candidate. These costs may include fees for print ads, online job board posts/social media posts, employee referral programs, job fairs, etc. In addition, you should include the time that a hiring manager may take to do his/her own sourcing from networks, contacts and other referrals.

2) Screening costs – the cost of the internal recruiter’s time to understand the job requirements, develop and implement a sourcing strategy, review resumes and backgrounds, prepare candidate assessments, etc.

3) Preliminary interviewing costs – the costs wrapped around preliminary phone interviews and the cost to have the internal staff prepare, conduct, summarize and communicate the results of those interviews

4) Interviewing costs – includes the cost of scheduling interviews, the reimbursement of travel to and from the interview, and the actual time involved (for all employees) in conducting the interviews. In addition, the costs of employees who must be away from their job while interviewing candidates need to be included.

5) Testing costs – cost for pre-employment tests to help assess a candidate’s skills, abilities, aptitude, attitude, values and behaviors. These costs include any software subscription fees, per-test charges, and cost of the employee’s time who administers them

6) Other hiring costs – includes the time and cost for follow-up with candidates during negotiations and to notify those who were not selected. In addition, there are (perhaps) relocation fees, background checks, reference checks and drug screens. Some hiring costs are less tangible and may be more difficult to measure. These can include:

7) Time to fill position – it takes (on average) 8 weeks to recruit, screen, interview, and hire a new employee. All of your hiring costs must be multiplied by the number of weeks that the position is vacant.

8) Lost productivity cost –calculate the cost of this lost productivity at a minimum of 50% of the person’s total compensation for each week the position is vacant, if there are people filling in for the exiting employee.* This is due to the fact that these workers may not understand the processes involved and may have little/no training.

9) Bad hire costs – making a bad hire can cost anywhere from 1.5x to 3.5x (or more) of that person’s annual salary.

Cost of Temps

1) Recruiting – You will probably review a few resumes and you may interview a couple of candidates.
2) Time card and Invoice Processing – You will have to process time cards/invoices
3) Wages & Markup
Beyond this most costs are a wash.
Here’s why, when you hire an employee, there are costs such as vacations, insurance and leave that you are no longer responsible to pay. If the staffing firm offers benefits, they are wrapped up in your billing rate. You don’t have the financial exposure.

Career in Pharmacy is indeed a rewarding and satisfying one. This is one of the main reasons that it attracts millions of students all over the world. The problem arises in finding the right job after completing education. It is not that vacancies are not there; in fact pharmacist job openings are plenty, but to grab the one that suits you is an uphill task.

Hospitals and other healthcare organizations always need qualified pharmacists, but selecting a candidate from the large number of job applications becomes a tiring task for them. Due to lack of proper resources and sometimes due to shortage of time for a background check, they end up in hiring a wrong person for the same.

Thus, both jobseekers as well as pharmacist recruiters face frequent problems related to pharmacist job. EmpowerCare is an agency that caters to this persistent problem and offer unique solutions to both of them with their adequate expertise in this field. Our area of operation is currently limited to states like MA, NY, CT, and NH in the United States of America.

Get Brilliant Pharmacy Solutions at EmpowerCare 

We have a team of professionals who know the pulse of the industry and offer its services according to specific client requirements. Some of the brilliant solutions that we offer for job seekers to land up a pharmacist employment in a hassle-free manner are the following ones.

For Jobseeker –

• To need to shell out any money for finding a pharmacist job
• Entitled to innumerable travel, vacation and insurance benefits after a short duration of joining
• Myriad of job opportunities i.e. listings for both pharmacy technician jobs and  retail pharmacy jobs
• Access to job listings for pharmacy jobs that are still not listed elsewhere in the industry
• Can choose to work in a flexible manner i.e. on hourly or weekly basis
• Can earn more by referring Pharmacist Job Opportunities to any friend or relative under some pre-defined rules.

For a Recruitment Company-

• Get a dedicated account manager to study your working culture and cater to the specific needs in a tailor-made fashion
• Excellent communication maintained throughout the process and also afterwards to guarantee client satisfaction
• Time saving process as background and medical check is done by EmpowerCare
• A ready pool of qualified candidates for pharmacist recruiters so that hiring can be done within a short notice.

So, if you are looking for pharmacy technician job openings or if you are looking for skilled candidates that can work in your organization as pharmacists, then just call us at 508-799-7674 to get a quick solution. We will encourage you to submit your curriculum vitae or your Pharmacy staffing needs over our website.