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Xylem Inc. is a large American water technology provider, in public utility, industrial, commercial, agricultural and residential settings. The company does business in more than 150 countries. The company does business in more than 150 countries.
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Salary can also be considered as the cost of hiring and keeping human resources for corporate operations, and is hence referred to as personnel expense or salary expense. In accounting, salaries are recorded in payroll accounts. [1] A salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed.
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Marketing and advertising expenditures decrease as existing employees source potential candidates from existing personal networks of friends, family, and associates. By contrast, recruiting through third-party recruitment agencies incurs a 20–25% agency finder's fee – which can top $25K for an employee with $100K annual salary.
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From 2008 to 2009, the company expanded to 30 offices in Asia, Europe, the Middle East and North America. It took control of Quorum International Search Limited, and, in 2010, the Centre for High Performance Development and Salary.com. [3] [4] On August 27, 2012, it was announced that Kenexa had been acquired by IBM for $1.3 billion. [5]
Recruitment involves the identification of potential applicants and the marketing of positions. AI is commonly utilized in the recruitment process because it can help boost the number of qualified applicants for positions. Companies are able to use AI to target their marketing to applicants who are likely to be good fits for a position.