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commonly struck to reduce cost. However, it is important for you to understand the entire cost structure, all of its components and how an entire package of products, services and management fees may be bundled together. Being able to quantify total cost per hire is critical, and it is also important to ensure that there is shared risk in any RPO deal so the company is cost-protected during hiring peaks and valleys.
by understanding risk and risk management.
Cost is the number associated with the resources used to achieve something. So in order to understand the cost, it will be best to understand what is being tried to achieve (process, time and material availability, skill set and the likes). Only upon learning this can cost be fully appreciated. Cost is best managed rather than controlled.
