2010 Benchmarking Time to hire 
GoodTime
MARCH 18, 2019
The company has spent thousands in advertising, lots of time (and money) has been wasted, and now the hiring manager is angry with the recruiting team as the work is piling up. SHRM’s latest benchmark report shows the average time to hire across across all industries and roles was 36 days (down from 42 days the year before).
Hire Talent
SEPTEMBER 14, 2023
Establishing realistic and measurable goals and criteria for each phase of the process, including sourcing, screening, interviewing, and hiring, is imperative. Furthermore, continuous monitoring and evaluation of Progress and performance against these benchmarks are necessary, with adjustments made as market conditions and feedback dictate.
Eightfold
FEBRUARY 25, 2019
Instead, a proactive approach to streamlined hiring is a must. According to the Society for Human Resources Management Human Capital Benchmarking Report, the median cost per hire for US companies is $2,000. The cost of hiring the wrong person for the job can be up to 200 percent of the worker’s salary, Shuster says.
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