After a recent survey published by the Dice-DFH Vacancy Duration Measure revealed that on average it took 26.8 working days to fill jobs in February – up almost by a day compared to January, RecruitmentBuzz launched their own investigation into their reader’s average length of time taken to hire. So, they included it in their latest poll question – ‘What is your average time to hire?’
Unsurprisingly, only 10% of recruiters reported that on average, it took over 12 weeks between sourcing a candidate to actual point of hire. Unsurprisingly because as the war on talent and skills shortages continues to swell, it is very much doubted that hiring managers and businesses would keep candidates on a 3-month string!
So what about the other end of the spectrum? 27% of respondents agreed with the Dice report and revealed that it took only up to 4 weeks to hire a candidate. While this is great news for a candidate that may be desperate for a job, it is up for debate if the company that’s hiring has a very efficient and competent process or if they are hoping to fill a role as quickly as possible and not giving much thought to the skills behind the candidate until it’s potentially too late.
A further 27% of companies take a little longer, averaging an 8-12 week hiring process but the majority of recruiters (36%) agreed that 4-8 weeks is the usual time taken for a new hire to be made.
As a recruiter, it’s so important to understand the metrics behind your time to hire and look to improve it as qualified candidates continue to be in scarce supply. Look to adopt new technologies that can both speed up the process but also save money – techniques such as video interviewing. You should also strive to create the perfect job description and maintain regular contact with the candidates that you stamp with your employer brand.
Zero Fee Recruiter is a new and better way to find great talent.
We are the world’s largest passive candidate marketplace. We provide you with qualified professionals that we have contacted and vetted for each position you are looking to fill. We deliver only candidates that are interested in the position, are available in your location and have agreed to your salary range.
ZFR focuses on passive candidates that we source through our proprietary system, “Reach Out”, and this enables our team to reach candidates that are not actively looking.
We guarantee results! It’s that easy…