Friday, May 29, 2020

What Does it Cost to Recruit a New Employee

What Does it Cost to Recruit a New Employee Hiring new employees can be tiresome and costly. This infographic from HR Tech Blog shows how NOT to make it tiresome and costly. Takeaways: On average there are 141 applicants to each job opening, and with a recruiter managing 22 openings simultaneously  at one time, this produces 3102 resumes for a recruiter to handle at one time but only 28% of recruiters have the technology to manage applicants. A job position is open, on average, for 45 days, with 10 candidates screened per position. Phone interviews have been found to be inefficient, inconsistent and ineffective. 35% of companies regularly fly in candidates for in-person interview, and with 100% of jobseekers having used video calling services before, why not use pre-recorded video interviewing? 60% of hiring managers believe that video interviewing could make their jobs easier. RELATED: The Benefits of Using Video Interviews for Recruitment [Infographic]

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