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India's competitive job market sees 4.5 million graduates entering the workforce annually. Recruitment challenges include skill mismatches, high turnover rates (average 20.3% in IT sectors), and lengthy hiring processes. Companies spend ₹1.5-2.5 lakhs per recruitment, with an average time-to-hire of 45-60 days. This shows there are major inefficiencies in the process, and companies need to adopt better strategies to make hiring faster and more effective.
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