Whether you are a start-up or growing business you need experienced and skilled resources. After months of research, you find a suitable fit, but the candidate is over your budget. Another candidate who fits in the budget, but has lesser skills and experiences.
Despite not finding the desirable talent you have to bear the operational cost and pain which includes providing workstation, and employment visa, relocation allowance, medical benefits, family supports, accommodation, taxes, and other benefits.
In addition, you need to consider the personal growth of the candidate by providing professional training, promotion, performance appraisals, extracurricular activities and more. Considering all this does it seem to be cost-effective?