Despite the increased use of tools and platforms and the amount of data readily available to HR professionals, the state of hiring has never been worse, reports Harvard Business Review. Only about 30% of companies in the US report that they monitor whether or not their hiring processes lead to good employees. Even fewer track key performance indicators such as cost per hire and time to hire.
And yet, hiring remains the number one concern among CEOs, according to the most recent Conference Board Annual Survey. In the race for top talent – and today’s job market