The team at ATS provider Yello has released some interesting new statistics around recruiting operations. Highlights include;
- 52% of recruiters say their average time-to-hire for all open positions is 3+ weeks long.
- A majority of recruiters say their cost-per-hire for all open positions is $3,000 or less.
- Companies that can hire more quickly also save more: a lower time-to-hire is directly correlated with a lower cost-per-hire.
- The most-tracked metrics for recruiting teams are: 1) time-to-hire, 2) cost-per-hire, and 3) retention rate.