Quantifying the benefits of the faster hire

February 9, 2020 - Research U11

Recruiting software offers an obvious benefit to organizations in the increased productivity of the recruiter. However, the difficulty of identifying quantifiable benefits of the faster hire makes it nearly impossible to for many organizations to build a strong business case for deployment. Nucleus found that automating the recruiting process shortens it by up to 7 days. By simply being open, a position conveys a need to be filled. In midsized retail organizations, the fully loaded cost of employees can total as much as $8.4 million for those 7 days, revealing the significant value that is lost every day that positions remain vacant.