The Cost of Hiring In 2014 [infographic] – Friday Distraction

Today, a manager comes to your office. They tell you they’ve received approval to hire someone. They are very excited because it’s taken a long time to convince senior leadership to authorize this position.

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Can you imagine replying, “It will take 95 days and $5,000 please.”?

Today’s infographic from SmartRecruiters shares some of the latest hiring statistics. I knew it was taking longer to find talent but, 95 days?! That’s a fiscal quarter. I’ve seen chief executive officers put on notice that they have one quarter to fix a failing organization. And now, companies can’t find the best talent in the same time frame.

One thing I did like about this infographic was the inclusion of a hashtag to share resources – #SmartSourcing. If you’re being faced with the challenges finding the best talent, it might be worth following the conversation.

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