Boyden: The True Cost of Talent Revisited

Boyden discusses the rising cost of talent in today's competitive job market, and how it is essential for organizations to prioritize attracting and retaining top talent.

They give a detailed analysis of the current challenges faced by companies and offer insights on how to overcome these challenges. The report highlights the importance of adopting a holistic approach to talent management, focusing not just on compensation but also on other factors such as leadership development, culture, and diversity.

Below are the three myths surrounding the cost of talent that Boyden revealed: 

• Recruitment fees + job board expenses = total cost of talent
• The talent lifecycle starts when you advertise an open position
• Every vacant position takes months to fill

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