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Latest Infographic: True Cost of Interviews & Recruiting

As a board member for the Candidate Experience Awards and evangelist for improved talent acquisition technology – I’ve been in more than one conversation around improving the hiring process this year.  The theme this spring was challenges in the interview process – more specifically, the phone screening process.

So, over the summer, I partnered with Video Interviewing Provider Wowzer  and, surveyed hundreds of recruiters, hr professionals, hiring managers and candidates to get their thoughts on the interview process – what worked, what didn’t and what needs to be fixed.

We found out A LOT about the hiring process and confirmed recruiters are VERY busy!

  • Recruiters have 22 open positions and 3100+ resumes to review at any given time
  • A position is open on average for 45 days
  • It takes someone 5 1/2 hours per opening just to schedule phone screens
  • Video calling/meeting services have been well adopted by recruiters, hiring mangers & job seekers outside of interview process

Until the full report is finished,  which will dive into impact on business and talent acquisition departments,  we wanted to share some of the key findings about cost of interviewing via an infographic now!

Find the shareable version of the infographic on slideshare and pinterest

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Sarah Brennan

Sarah Brennan is a recognized HCM industry analyst and advisor focused on improving the impact of technology on people, business and the future of work.  Sarah Brennan has been named a top global influencer in HR Technology by more than 50 publications and shared her insights at speaking engagements around the world. As Chief Advisor at Accelir, she partners with HR Technology vendors and investors as an advisor, interim CxO role and on engagements focused on growth strategies, product roadmap & market education/evangelism. She also works with corporate teams enhancing talent strategies.

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4 Comments

  1. Awesome infographics, Sarah! Really amazing when one sees the expenses of hiring. It’s normally 3x the cost of salary when someone doesn’t work out. In spite of the cost, it’s still amazing that so many companies rely solely on their intuition when make hiring decisions!

    Analytics make hiring a lot easier and more effective (but that’s just the perspective of one evangelist to another!)

    Reply
  2. Jen Picard October 2, 2012

    Great infographic! Video interviewing makes so much sense, especially when trying to reach employed candidates.

    Reply

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