Employers Take Longer to Choose Candidates Amid Rising Costs
Employers are taking longer to choose who to hire as they balance tighter recruitment budgets and a surplus in applications, with a renewed focus on finding the right people to drive growth, according to new research from Totaljobs.
- The average time it takes for employers to hire someone after first publishing a vacancy has risen to 8 weeks.
- Larger businesses now take up to 9 weeks to fill roles.
- This compares to a 4.8 week average reported by a previous Totaljobs survey conducted last year.
Author's summary: Employers now take 8 weeks to hire a candidate.