Please paraphase the text below using different concept/words.

Cost/Benefit Analysis of Recruitment and Selection

The cost factor related to preliminary screening is the time factor as the process is time-consuming. It forms the valuable item of selecting the senior employee as those recruiting can get qualified candidates for the position. Those who are unqualified are eliminated thus providing the best candidates for the jobs.

Interviewing candidates is costly and time-consuming. However, the cost-benefit associated with interviewing is the organization can know the right candidates for the positions based on the qualifications.

Background verification and reference check are cumbersome and time-consuming as the company must get the relevant information of the candidate. However, the process is useful as the management can get accurate data of the applicant to facilitate efficient selection process and acquiring of the best candidate. Screening prospective employees is a crucial part of the hiring process, as finding the right employee from the start can help save your company time and money. However, performing a background check isnt free, and its worth considering the costs before deciding on a pre-employment screening service. To avoid expensive costs and ensure youre placing the right individual in the position, its essential to screen job candidates thoroughly. Hiring the right person from the start can help reduce your turnover expenses by reducing the likelihood of employee termination. According to the US Department of Labor, making the wrong hire could cost on average about 30 percent of that employees first-year salary.