SlideShare uma empresa Scribd logo
1 de 1
Baixar para ler offline
$
4 h $188
HIRING
WINE & DINE CANDIDATES4
$
2 h $94
RECRUITER DOES
THE WORK!2
$
7.4 h $348
4
$
$18,750
PRE-SCREENING &
CONDUCTING INTERVIEWS3
FIND & HIRE A RECRUITER
YOU DON'T HATE1
REVIEWING RESUMES
2
Using a
Recruitment
Agency
The True Cost of
Your mission,
should you choose to accept it:
You, the hiring manager, must find the ideal accounting
manager in the shortest time possible. Don’t know where to
start? Don’t worry – this will help. Depending on how much
time & money you can afford, you have two options.
Choose wisely - the stakes are high.
Hiring$$
What’s Your
Time Worth?
WRITING THE JOB DESCRIPTION
& POSTING ADS FOR 3 MONTHS
Hiring by
Yourself
Your Competing
Priorities
The average manager
in the US makes
$90,000/year
Hourly wage: $47
This is you
You must juggle regular
work & hiring.
You must fill the vacant job
position ASAP.
You have a limited hiring
budget.
Average # of days to
fill a position:
95 days
Accounting Manager
average salary:
$75,000/year
• FACTS •
1
$
LinkedIn Ad
$1,500
Job titles
$1,257
CareerBuilder Ad
$675
Monster Ad
$225
Craigslist Ad
$117.50
2.5h
Post a Job Ad
$95
Facebook Ad
$47
3.5 h
$3,991.50
Write Ad Copy
Respond
Seen by Hiring
Manager Interview
Job Offer
Final Interview
1h
$
3.6 h $169.20
300
200
4
8
1
Start/end dates
Previous
Companies
Education
PRE-SCREENING &
CONDUCTING INTERVIEWS
TIME
THE REAL QUESTION
Is there a win-win situation when it comes to
both costs and time spent on hiring?
MONEY
3
$
12.15 h $571
$
4 h $188
Recruitment agencies
usually charge
companies a hiring fee
of approximately
15%-30%.
In this case, you need
to hire an accounting
manager with an
annual salary of
$75,000.
You’d expect to pay
~20% of that salary.
15-30%
$75,000
-20%
HIRING
WINE & DINE CANDIDATES
23.3 h
$4,920 $19,380
13.4 h
Using a Recruitment
Agency
Hiring by Yourself
Overall Time & Cost
Overall Time & Cost
Overall Time & Cost
Overall Cost
Overall Time & Cost Overall Time & Cost
$
HIRING FUNNEL
x2
REFERENCES
Salary of manager
http://www.glassdoor.com/Salaries/average-manag
er-salary-SRCH_KO8,15_IP5.htm
25 Feb 2014
http://www.dbs.deusto.es/cs/Satellite/dbs/en/news/
community-manager-digital-marketing-manager-so
cial-media-manager-web-developer-and-digital-co
mmunication-specialist-are-the-five-profiles-most-
often-sought-after-by-companies/noticia
2 May 2014 (software engineers are in demand)
http://www.nydailynews.com/jobs/sought-after-job
-applicants-article-1.1776972
17 June 2014 (top 6 skills that will be most sought
after)
http://articles.economictimes.indiatimes.com/2014
-06-17/news/50651389_1_business-intelligence-en
gineers-analytics
31 March 2014 (median household income of
Americans in Feb 2014)
http://econintersect.com/a/blogs/blog1.php/median
-household-income-advances-in
Linkedin job posting costs
https://www.linkedin.com/today/post/article/2014
0419011339-56543389-how-much-does-marketin
g-with-an-ad-agency-marketing-company-social-m
edia-company-and-video-companies-really-cost
Facebook job posting costs
http://moz.com/blog/1-dollar-per-day-on-facebook-
ads
Craigslist cost
http://www.craigslist.org/about/help/posting_fees
How long it takes for job positions to be filled
http://www.nytimes.com/2013/03/07/business/eco
nomy/despite-job-vacancies-employers-shy-away-fr
om-hiring.html?pagewanted=all&_r=1&
Statistics Source
http://www.ere.net/2013/05/20/why-you-cant-get-
a-job-recruiting-explained-by-the-numbers/
Reference infographic
http://www.huffingtonpost.com/2012/06/04/the-tr
ue-cost-of-hiring-infographic_n_1568295.html
Traditional recruitment process
http://flylib.com/books/en/2.309.1.35/1/
4 April 2014 The cost of hiring
http://www.hrbartender.com/2014/recruiting/the-c
ost-of-hiring-in-2014-infographic-friday-distraction/
Cost of advertisement per month
http://job-websites.findthebest.com/q/61/1088/Wh
at-is-the-cost-per-month-to-post-a-job-listing-on-C
areerBuilder-com-job-website

Mais conteúdo relacionado

Mais procurados

The State of Sales & Marketing at the 50 Fastest-Growing B2B Companies
The State of Sales & Marketing at the 50 Fastest-Growing B2B CompaniesThe State of Sales & Marketing at the 50 Fastest-Growing B2B Companies
The State of Sales & Marketing at the 50 Fastest-Growing B2B CompaniesMattermark
 
Using jobs-to-be-done to design better user experiences (UX Cambridge 2017)
Using jobs-to-be-done to design better user experiences (UX Cambridge 2017)Using jobs-to-be-done to design better user experiences (UX Cambridge 2017)
Using jobs-to-be-done to design better user experiences (UX Cambridge 2017)Neil Turner
 
Some tips on selling from Ogilvy
Some tips on selling from OgilvySome tips on selling from Ogilvy
Some tips on selling from OgilvyOgilvyOne Worldwide
 
SEJ Summit 2017: Engaging Content Marketing For Boring Industries by Mindy We...
SEJ Summit 2017: Engaging Content Marketing For Boring Industries by Mindy We...SEJ Summit 2017: Engaging Content Marketing For Boring Industries by Mindy We...
SEJ Summit 2017: Engaging Content Marketing For Boring Industries by Mindy We...Search Engine Journal
 
10 Steps to Personal Branding
10 Steps to Personal Branding10 Steps to Personal Branding
10 Steps to Personal BrandingJoe Pulizzi
 
Numbers that Actually Matter. Finding Your North Star
Numbers that Actually Matter. Finding Your North Star Numbers that Actually Matter. Finding Your North Star
Numbers that Actually Matter. Finding Your North Star Mamoon Hamid
 
Pitching Ideas: How to sell your ideas to others
Pitching Ideas: How to sell your ideas to othersPitching Ideas: How to sell your ideas to others
Pitching Ideas: How to sell your ideas to othersJeroen van Geel
 
Timeless Marketing Wisdom From David Ogilvy
Timeless Marketing Wisdom From David OgilvyTimeless Marketing Wisdom From David Ogilvy
Timeless Marketing Wisdom From David OgilvyHubSpot
 
24 Time Management Hacks to Develop for Increased Productivity
24 Time Management Hacks to Develop for Increased Productivity24 Time Management Hacks to Develop for Increased Productivity
24 Time Management Hacks to Develop for Increased ProductivityIulian Olariu
 
Launching a Rocketship Off Someone Else's Back
Launching a Rocketship Off Someone Else's BackLaunching a Rocketship Off Someone Else's Back
Launching a Rocketship Off Someone Else's Backjoshelman
 
10 Digital Hacks Every Marketer Should Know
10 Digital Hacks Every Marketer Should Know10 Digital Hacks Every Marketer Should Know
10 Digital Hacks Every Marketer Should KnowMark Fidelman
 
15 Social Media Job Search Tips from Recruiting & HR Experts
15 Social Media Job Search Tips from Recruiting & HR Experts 15 Social Media Job Search Tips from Recruiting & HR Experts
15 Social Media Job Search Tips from Recruiting & HR Experts Workology
 
100 growth hacks 100 days | 1 to 10
100 growth hacks 100 days | 1 to 10100 growth hacks 100 days | 1 to 10
100 growth hacks 100 days | 1 to 10Robin Yjord
 
Things That Don't Matter in Your Presentation!
Things That Don't Matter in Your Presentation!Things That Don't Matter in Your Presentation!
Things That Don't Matter in Your Presentation!Ayman Sadiq
 
How I got 2.5 Million views on Slideshare (by @nickdemey - Board of Innovation)
How I got 2.5 Million views on Slideshare (by @nickdemey - Board of Innovation)How I got 2.5 Million views on Slideshare (by @nickdemey - Board of Innovation)
How I got 2.5 Million views on Slideshare (by @nickdemey - Board of Innovation)Board of Innovation
 
Mapping Experiences and Orchestrating Touchpoints | Chris Risdon & Patrick Qu...
Mapping Experiences and Orchestrating Touchpoints | Chris Risdon & Patrick Qu...Mapping Experiences and Orchestrating Touchpoints | Chris Risdon & Patrick Qu...
Mapping Experiences and Orchestrating Touchpoints | Chris Risdon & Patrick Qu...Adaptive Path
 
17 Ways to Design a Presentation People Want to View
17 Ways to Design a Presentation People Want to View17 Ways to Design a Presentation People Want to View
17 Ways to Design a Presentation People Want to ViewJim MacLeod
 

Mais procurados (20)

The State of Sales & Marketing at the 50 Fastest-Growing B2B Companies
The State of Sales & Marketing at the 50 Fastest-Growing B2B CompaniesThe State of Sales & Marketing at the 50 Fastest-Growing B2B Companies
The State of Sales & Marketing at the 50 Fastest-Growing B2B Companies
 
Using jobs-to-be-done to design better user experiences (UX Cambridge 2017)
Using jobs-to-be-done to design better user experiences (UX Cambridge 2017)Using jobs-to-be-done to design better user experiences (UX Cambridge 2017)
Using jobs-to-be-done to design better user experiences (UX Cambridge 2017)
 
Some tips on selling from Ogilvy
Some tips on selling from OgilvySome tips on selling from Ogilvy
Some tips on selling from Ogilvy
 
SEJ Summit 2017: Engaging Content Marketing For Boring Industries by Mindy We...
SEJ Summit 2017: Engaging Content Marketing For Boring Industries by Mindy We...SEJ Summit 2017: Engaging Content Marketing For Boring Industries by Mindy We...
SEJ Summit 2017: Engaging Content Marketing For Boring Industries by Mindy We...
 
10 Steps to Personal Branding
10 Steps to Personal Branding10 Steps to Personal Branding
10 Steps to Personal Branding
 
Numbers that Actually Matter. Finding Your North Star
Numbers that Actually Matter. Finding Your North Star Numbers that Actually Matter. Finding Your North Star
Numbers that Actually Matter. Finding Your North Star
 
Pitching Ideas: How to sell your ideas to others
Pitching Ideas: How to sell your ideas to othersPitching Ideas: How to sell your ideas to others
Pitching Ideas: How to sell your ideas to others
 
Timeless Marketing Wisdom From David Ogilvy
Timeless Marketing Wisdom From David OgilvyTimeless Marketing Wisdom From David Ogilvy
Timeless Marketing Wisdom From David Ogilvy
 
24 Time Management Hacks to Develop for Increased Productivity
24 Time Management Hacks to Develop for Increased Productivity24 Time Management Hacks to Develop for Increased Productivity
24 Time Management Hacks to Develop for Increased Productivity
 
Launching a Rocketship Off Someone Else's Back
Launching a Rocketship Off Someone Else's BackLaunching a Rocketship Off Someone Else's Back
Launching a Rocketship Off Someone Else's Back
 
10 Digital Hacks Every Marketer Should Know
10 Digital Hacks Every Marketer Should Know10 Digital Hacks Every Marketer Should Know
10 Digital Hacks Every Marketer Should Know
 
15 Social Media Job Search Tips from Recruiting & HR Experts
15 Social Media Job Search Tips from Recruiting & HR Experts 15 Social Media Job Search Tips from Recruiting & HR Experts
15 Social Media Job Search Tips from Recruiting & HR Experts
 
100 growth hacks 100 days | 1 to 10
100 growth hacks 100 days | 1 to 10100 growth hacks 100 days | 1 to 10
100 growth hacks 100 days | 1 to 10
 
Things That Don't Matter in Your Presentation!
Things That Don't Matter in Your Presentation!Things That Don't Matter in Your Presentation!
Things That Don't Matter in Your Presentation!
 
How I got 2.5 Million views on Slideshare (by @nickdemey - Board of Innovation)
How I got 2.5 Million views on Slideshare (by @nickdemey - Board of Innovation)How I got 2.5 Million views on Slideshare (by @nickdemey - Board of Innovation)
How I got 2.5 Million views on Slideshare (by @nickdemey - Board of Innovation)
 
chatgpt dalle.pptx
chatgpt dalle.pptxchatgpt dalle.pptx
chatgpt dalle.pptx
 
Mapping Experiences and Orchestrating Touchpoints | Chris Risdon & Patrick Qu...
Mapping Experiences and Orchestrating Touchpoints | Chris Risdon & Patrick Qu...Mapping Experiences and Orchestrating Touchpoints | Chris Risdon & Patrick Qu...
Mapping Experiences and Orchestrating Touchpoints | Chris Risdon & Patrick Qu...
 
17 Ways to Design a Presentation People Want to View
17 Ways to Design a Presentation People Want to View17 Ways to Design a Presentation People Want to View
17 Ways to Design a Presentation People Want to View
 
Design Your Career 2018
Design Your Career 2018Design Your Career 2018
Design Your Career 2018
 
What motivates you
What motivates youWhat motivates you
What motivates you
 

Destaque

Social Snapshot Healthcare
Social Snapshot HealthcareSocial Snapshot Healthcare
Social Snapshot HealthcarePerformics
 
Visual Content on a Shoestring Budget
Visual Content on a Shoestring BudgetVisual Content on a Shoestring Budget
Visual Content on a Shoestring Budgetsemrush_webinars
 
Jesse James Jamnik: 4 Essential Marketing Tips
Jesse James Jamnik: 4 Essential Marketing TipsJesse James Jamnik: 4 Essential Marketing Tips
Jesse James Jamnik: 4 Essential Marketing TipsJesse James Jamnik
 
What to Look for When Hiring a B2B Content Marketing Agency
What to Look for When Hiring a B2B Content Marketing AgencyWhat to Look for When Hiring a B2B Content Marketing Agency
What to Look for When Hiring a B2B Content Marketing AgencyMike Pitt
 
The Call Intelligence Effect on Marketing
The Call Intelligence Effect on MarketingThe Call Intelligence Effect on Marketing
The Call Intelligence Effect on MarketingInvoca
 
Atos - The Future of Work - Infographic
Atos - The Future of Work - InfographicAtos - The Future of Work - Infographic
Atos - The Future of Work - InfographicParis, Bezons
 
Success based on five foundations | London Business School
Success based on five foundations | London Business SchoolSuccess based on five foundations | London Business School
Success based on five foundations | London Business SchoolLondon Business School
 
How To Price Your Airbnb in London
How To Price Your Airbnb in LondonHow To Price Your Airbnb in London
How To Price Your Airbnb in LondonBeyond Pricing
 
Celebrities Who Have Lived with Mental Illness
Celebrities Who Have Lived with Mental IllnessCelebrities Who Have Lived with Mental Illness
Celebrities Who Have Lived with Mental IllnessCary Byrd
 
How to Recruit Healthcare Professionals
How to Recruit Healthcare ProfessionalsHow to Recruit Healthcare Professionals
How to Recruit Healthcare ProfessionalsGlassdoor
 
Sharon Roberts Know Your Product, Know Your Source
Sharon Roberts Know Your Product, Know Your SourceSharon Roberts Know Your Product, Know Your Source
Sharon Roberts Know Your Product, Know Your SourceSharon Roberts
 
Learning Beauty Supplement - Ingestible Beauty
Learning Beauty Supplement - Ingestible Beauty Learning Beauty Supplement - Ingestible Beauty
Learning Beauty Supplement - Ingestible Beauty esiml
 
Content Chaos: Navigating the Path to Engagement
Content Chaos: Navigating the Path to EngagementContent Chaos: Navigating the Path to Engagement
Content Chaos: Navigating the Path to EngagementLinda Descano
 
Global Enterprises in China EN
Global Enterprises in China ENGlobal Enterprises in China EN
Global Enterprises in China ENBurson-Marsteller
 
The top 10 most liveable suburbs in Australia right now
The top 10 most liveable suburbs in Australia right nowThe top 10 most liveable suburbs in Australia right now
The top 10 most liveable suburbs in Australia right nowHome Loan Experts
 
How to Hire Software Engineers: Best and Worst Practices
How to Hire Software Engineers: Best and Worst PracticesHow to Hire Software Engineers: Best and Worst Practices
How to Hire Software Engineers: Best and Worst PracticesGayle McDowell
 

Destaque (16)

Social Snapshot Healthcare
Social Snapshot HealthcareSocial Snapshot Healthcare
Social Snapshot Healthcare
 
Visual Content on a Shoestring Budget
Visual Content on a Shoestring BudgetVisual Content on a Shoestring Budget
Visual Content on a Shoestring Budget
 
Jesse James Jamnik: 4 Essential Marketing Tips
Jesse James Jamnik: 4 Essential Marketing TipsJesse James Jamnik: 4 Essential Marketing Tips
Jesse James Jamnik: 4 Essential Marketing Tips
 
What to Look for When Hiring a B2B Content Marketing Agency
What to Look for When Hiring a B2B Content Marketing AgencyWhat to Look for When Hiring a B2B Content Marketing Agency
What to Look for When Hiring a B2B Content Marketing Agency
 
The Call Intelligence Effect on Marketing
The Call Intelligence Effect on MarketingThe Call Intelligence Effect on Marketing
The Call Intelligence Effect on Marketing
 
Atos - The Future of Work - Infographic
Atos - The Future of Work - InfographicAtos - The Future of Work - Infographic
Atos - The Future of Work - Infographic
 
Success based on five foundations | London Business School
Success based on five foundations | London Business SchoolSuccess based on five foundations | London Business School
Success based on five foundations | London Business School
 
How To Price Your Airbnb in London
How To Price Your Airbnb in LondonHow To Price Your Airbnb in London
How To Price Your Airbnb in London
 
Celebrities Who Have Lived with Mental Illness
Celebrities Who Have Lived with Mental IllnessCelebrities Who Have Lived with Mental Illness
Celebrities Who Have Lived with Mental Illness
 
How to Recruit Healthcare Professionals
How to Recruit Healthcare ProfessionalsHow to Recruit Healthcare Professionals
How to Recruit Healthcare Professionals
 
Sharon Roberts Know Your Product, Know Your Source
Sharon Roberts Know Your Product, Know Your SourceSharon Roberts Know Your Product, Know Your Source
Sharon Roberts Know Your Product, Know Your Source
 
Learning Beauty Supplement - Ingestible Beauty
Learning Beauty Supplement - Ingestible Beauty Learning Beauty Supplement - Ingestible Beauty
Learning Beauty Supplement - Ingestible Beauty
 
Content Chaos: Navigating the Path to Engagement
Content Chaos: Navigating the Path to EngagementContent Chaos: Navigating the Path to Engagement
Content Chaos: Navigating the Path to Engagement
 
Global Enterprises in China EN
Global Enterprises in China ENGlobal Enterprises in China EN
Global Enterprises in China EN
 
The top 10 most liveable suburbs in Australia right now
The top 10 most liveable suburbs in Australia right nowThe top 10 most liveable suburbs in Australia right now
The top 10 most liveable suburbs in Australia right now
 
How to Hire Software Engineers: Best and Worst Practices
How to Hire Software Engineers: Best and Worst PracticesHow to Hire Software Engineers: Best and Worst Practices
How to Hire Software Engineers: Best and Worst Practices
 

Semelhante a Hiring time-vs-money a better more affordable way to Hire.

New Hire Costs Vs Retention
New Hire Costs Vs RetentionNew Hire Costs Vs Retention
New Hire Costs Vs Retentionjimmy1916
 
New Hire Costs Vs Retention
New Hire Costs Vs RetentionNew Hire Costs Vs Retention
New Hire Costs Vs Retentionjimmy1916
 
Why Your Company Needs An Employee Turnover Audit
Why Your Company Needs An Employee Turnover AuditWhy Your Company Needs An Employee Turnover Audit
Why Your Company Needs An Employee Turnover AuditRon Haynes
 
Overview of recruitment
Overview of recruitmentOverview of recruitment
Overview of recruitmentLuke Singleton
 
Becoming a Virtual Recruiter
Becoming a Virtual Recruiter Becoming a Virtual Recruiter
Becoming a Virtual Recruiter Brian Ortiz
 
Recruiting Top Talent
Recruiting Top TalentRecruiting Top Talent
Recruiting Top Talentabbertons
 
Presenatation Local
Presenatation LocalPresenatation Local
Presenatation Localscottburton
 
The future of sales recruiting | FPG - Forrest Performance Group
The future of sales recruiting | FPG - Forrest Performance GroupThe future of sales recruiting | FPG - Forrest Performance Group
The future of sales recruiting | FPG - Forrest Performance GroupMH Riad
 
Are You Pricing for Profits or Pricing From Fear?
Are You Pricing for Profits or Pricing From Fear?Are You Pricing for Profits or Pricing From Fear?
Are You Pricing for Profits or Pricing From Fear?Service Autopilot
 
OPTIMIZING COST-PER-HIRE TO DRIVE QUALITY
OPTIMIZING COST-PER-HIRE TO DRIVE QUALITYOPTIMIZING COST-PER-HIRE TO DRIVE QUALITY
OPTIMIZING COST-PER-HIRE TO DRIVE QUALITYCielo
 
Recruitment Process
Recruitment ProcessRecruitment Process
Recruitment Processjinky1329
 
10 Steps to Make the Most of Your Restaurant's Seasonality
10 Steps to Make the Most of Your Restaurant's Seasonality10 Steps to Make the Most of Your Restaurant's Seasonality
10 Steps to Make the Most of Your Restaurant's SeasonalityKabbage
 
10 Steps to Make the Most of Your Restaurant's Seasonality
10 Steps to Make the Most of Your Restaurant's Seasonality10 Steps to Make the Most of Your Restaurant's Seasonality
10 Steps to Make the Most of Your Restaurant's SeasonalityAllison Lilly
 
Staff Management: The Care and Keeping of Your Principal's Estate
Staff Management: The Care and Keeping of Your Principal's EstateStaff Management: The Care and Keeping of Your Principal's Estate
Staff Management: The Care and Keeping of Your Principal's EstateINGUARD
 
SmartRecruiters-MakingTheRightHire
SmartRecruiters-MakingTheRightHireSmartRecruiters-MakingTheRightHire
SmartRecruiters-MakingTheRightHireNatalia Baryshnikova
 
Strategies help wanted_ebook
Strategies help wanted_ebookStrategies help wanted_ebook
Strategies help wanted_ebookCraig Albin
 
Strategies_HelpWanted_ebook
Strategies_HelpWanted_ebookStrategies_HelpWanted_ebook
Strategies_HelpWanted_ebookChristiane Soto
 
Compensation survey
Compensation surveyCompensation survey
Compensation surveySGA Talent
 

Semelhante a Hiring time-vs-money a better more affordable way to Hire. (20)

New Hire Costs Vs Retention
New Hire Costs Vs RetentionNew Hire Costs Vs Retention
New Hire Costs Vs Retention
 
New Hire Costs Vs Retention
New Hire Costs Vs RetentionNew Hire Costs Vs Retention
New Hire Costs Vs Retention
 
Why hiring staff pays you
Why hiring staff pays youWhy hiring staff pays you
Why hiring staff pays you
 
Why Your Company Needs An Employee Turnover Audit
Why Your Company Needs An Employee Turnover AuditWhy Your Company Needs An Employee Turnover Audit
Why Your Company Needs An Employee Turnover Audit
 
Overview of recruitment
Overview of recruitmentOverview of recruitment
Overview of recruitment
 
Becoming a Virtual Recruiter
Becoming a Virtual Recruiter Becoming a Virtual Recruiter
Becoming a Virtual Recruiter
 
Recruiting Top Talent
Recruiting Top TalentRecruiting Top Talent
Recruiting Top Talent
 
Presenatation Local
Presenatation LocalPresenatation Local
Presenatation Local
 
The future of sales recruiting | FPG - Forrest Performance Group
The future of sales recruiting | FPG - Forrest Performance GroupThe future of sales recruiting | FPG - Forrest Performance Group
The future of sales recruiting | FPG - Forrest Performance Group
 
Boardroom recruiting report webinar
Boardroom recruiting report webinar Boardroom recruiting report webinar
Boardroom recruiting report webinar
 
Are You Pricing for Profits or Pricing From Fear?
Are You Pricing for Profits or Pricing From Fear?Are You Pricing for Profits or Pricing From Fear?
Are You Pricing for Profits or Pricing From Fear?
 
OPTIMIZING COST-PER-HIRE TO DRIVE QUALITY
OPTIMIZING COST-PER-HIRE TO DRIVE QUALITYOPTIMIZING COST-PER-HIRE TO DRIVE QUALITY
OPTIMIZING COST-PER-HIRE TO DRIVE QUALITY
 
Recruitment Process
Recruitment ProcessRecruitment Process
Recruitment Process
 
10 Steps to Make the Most of Your Restaurant's Seasonality
10 Steps to Make the Most of Your Restaurant's Seasonality10 Steps to Make the Most of Your Restaurant's Seasonality
10 Steps to Make the Most of Your Restaurant's Seasonality
 
10 Steps to Make the Most of Your Restaurant's Seasonality
10 Steps to Make the Most of Your Restaurant's Seasonality10 Steps to Make the Most of Your Restaurant's Seasonality
10 Steps to Make the Most of Your Restaurant's Seasonality
 
Staff Management: The Care and Keeping of Your Principal's Estate
Staff Management: The Care and Keeping of Your Principal's EstateStaff Management: The Care and Keeping of Your Principal's Estate
Staff Management: The Care and Keeping of Your Principal's Estate
 
SmartRecruiters-MakingTheRightHire
SmartRecruiters-MakingTheRightHireSmartRecruiters-MakingTheRightHire
SmartRecruiters-MakingTheRightHire
 
Strategies help wanted_ebook
Strategies help wanted_ebookStrategies help wanted_ebook
Strategies help wanted_ebook
 
Strategies_HelpWanted_ebook
Strategies_HelpWanted_ebookStrategies_HelpWanted_ebook
Strategies_HelpWanted_ebook
 
Compensation survey
Compensation surveyCompensation survey
Compensation survey
 

Último

Situational Questions for Team Leader Interviews in BPO with Sample Answers
Situational Questions for Team Leader Interviews in BPO with Sample AnswersSituational Questions for Team Leader Interviews in BPO with Sample Answers
Situational Questions for Team Leader Interviews in BPO with Sample AnswersHireQuotient
 
Cleared Job Fair Handbook | May 2, 2024
Cleared Job Fair Handbook  |  May 2, 2024Cleared Job Fair Handbook  |  May 2, 2024
Cleared Job Fair Handbook | May 2, 2024ClearedJobs.Net
 
Mastering Vendor Selection and Partnership Management
Mastering Vendor Selection and Partnership ManagementMastering Vendor Selection and Partnership Management
Mastering Vendor Selection and Partnership ManagementBoundless HQ
 
Mercer Global Talent Trends 2024 - Human Resources
Mercer Global Talent Trends 2024 - Human ResourcesMercer Global Talent Trends 2024 - Human Resources
Mercer Global Talent Trends 2024 - Human Resourcesmnavarrete3
 
Arjan Call Girl Service #$# O56521286O $#$ Call Girls In Arjan
Arjan Call Girl Service #$# O56521286O $#$ Call Girls In ArjanArjan Call Girl Service #$# O56521286O $#$ Call Girls In Arjan
Arjan Call Girl Service #$# O56521286O $#$ Call Girls In Arjanparisharma5056
 
HRM PPT on placement , induction and socialization
HRM PPT on placement , induction and socializationHRM PPT on placement , induction and socialization
HRM PPT on placement , induction and socializationRishik53
 
Webinar - Payscale Innovation Unleashed: New features and data evolving the c...
Webinar - Payscale Innovation Unleashed: New features and data evolving the c...Webinar - Payscale Innovation Unleashed: New features and data evolving the c...
Webinar - Payscale Innovation Unleashed: New features and data evolving the c...PayScale, Inc.
 
Employee Roles & Responsibilities: Driving Organizational Success
Employee Roles & Responsibilities: Driving Organizational SuccessEmployee Roles & Responsibilities: Driving Organizational Success
Employee Roles & Responsibilities: Driving Organizational SuccessHireQuotient
 
Ways to Make the Most of Temporary Part Time Jobs
Ways to Make the Most of Temporary Part Time JobsWays to Make the Most of Temporary Part Time Jobs
Ways to Make the Most of Temporary Part Time JobsSnapJob
 
VIP Russian Call Girls in Indore Komal 💚😋 9256729539 🚀 Indore Escorts
VIP Russian Call Girls in Indore Komal 💚😋  9256729539 🚀 Indore EscortsVIP Russian Call Girls in Indore Komal 💚😋  9256729539 🚀 Indore Escorts
VIP Russian Call Girls in Indore Komal 💚😋 9256729539 🚀 Indore Escortsaditipandeya
 
Webinar - How to set pay ranges in the context of pay transparency legislation
Webinar - How to set pay ranges in the context of pay transparency legislationWebinar - How to set pay ranges in the context of pay transparency legislation
Webinar - How to set pay ranges in the context of pay transparency legislationPayScale, Inc.
 
Austin Recruiter Network Meeting April 25, 2024
Austin Recruiter Network Meeting April 25, 2024Austin Recruiter Network Meeting April 25, 2024
Austin Recruiter Network Meeting April 25, 2024Dan Medlin
 
How Leading Companies Deliver Value with People Analytics
How Leading Companies Deliver Value with People AnalyticsHow Leading Companies Deliver Value with People Analytics
How Leading Companies Deliver Value with People AnalyticsDavid Green
 

Último (14)

Situational Questions for Team Leader Interviews in BPO with Sample Answers
Situational Questions for Team Leader Interviews in BPO with Sample AnswersSituational Questions for Team Leader Interviews in BPO with Sample Answers
Situational Questions for Team Leader Interviews in BPO with Sample Answers
 
Cleared Job Fair Handbook | May 2, 2024
Cleared Job Fair Handbook  |  May 2, 2024Cleared Job Fair Handbook  |  May 2, 2024
Cleared Job Fair Handbook | May 2, 2024
 
Mastering Vendor Selection and Partnership Management
Mastering Vendor Selection and Partnership ManagementMastering Vendor Selection and Partnership Management
Mastering Vendor Selection and Partnership Management
 
escort service sasti (*~Call Girls in Rajender Nagar Metro❤️9953056974
escort service sasti (*~Call Girls in Rajender Nagar Metro❤️9953056974escort service sasti (*~Call Girls in Rajender Nagar Metro❤️9953056974
escort service sasti (*~Call Girls in Rajender Nagar Metro❤️9953056974
 
Mercer Global Talent Trends 2024 - Human Resources
Mercer Global Talent Trends 2024 - Human ResourcesMercer Global Talent Trends 2024 - Human Resources
Mercer Global Talent Trends 2024 - Human Resources
 
Arjan Call Girl Service #$# O56521286O $#$ Call Girls In Arjan
Arjan Call Girl Service #$# O56521286O $#$ Call Girls In ArjanArjan Call Girl Service #$# O56521286O $#$ Call Girls In Arjan
Arjan Call Girl Service #$# O56521286O $#$ Call Girls In Arjan
 
HRM PPT on placement , induction and socialization
HRM PPT on placement , induction and socializationHRM PPT on placement , induction and socialization
HRM PPT on placement , induction and socialization
 
Webinar - Payscale Innovation Unleashed: New features and data evolving the c...
Webinar - Payscale Innovation Unleashed: New features and data evolving the c...Webinar - Payscale Innovation Unleashed: New features and data evolving the c...
Webinar - Payscale Innovation Unleashed: New features and data evolving the c...
 
Employee Roles & Responsibilities: Driving Organizational Success
Employee Roles & Responsibilities: Driving Organizational SuccessEmployee Roles & Responsibilities: Driving Organizational Success
Employee Roles & Responsibilities: Driving Organizational Success
 
Ways to Make the Most of Temporary Part Time Jobs
Ways to Make the Most of Temporary Part Time JobsWays to Make the Most of Temporary Part Time Jobs
Ways to Make the Most of Temporary Part Time Jobs
 
VIP Russian Call Girls in Indore Komal 💚😋 9256729539 🚀 Indore Escorts
VIP Russian Call Girls in Indore Komal 💚😋  9256729539 🚀 Indore EscortsVIP Russian Call Girls in Indore Komal 💚😋  9256729539 🚀 Indore Escorts
VIP Russian Call Girls in Indore Komal 💚😋 9256729539 🚀 Indore Escorts
 
Webinar - How to set pay ranges in the context of pay transparency legislation
Webinar - How to set pay ranges in the context of pay transparency legislationWebinar - How to set pay ranges in the context of pay transparency legislation
Webinar - How to set pay ranges in the context of pay transparency legislation
 
Austin Recruiter Network Meeting April 25, 2024
Austin Recruiter Network Meeting April 25, 2024Austin Recruiter Network Meeting April 25, 2024
Austin Recruiter Network Meeting April 25, 2024
 
How Leading Companies Deliver Value with People Analytics
How Leading Companies Deliver Value with People AnalyticsHow Leading Companies Deliver Value with People Analytics
How Leading Companies Deliver Value with People Analytics
 

Hiring time-vs-money a better more affordable way to Hire.

  • 1. $ 4 h $188 HIRING WINE & DINE CANDIDATES4 $ 2 h $94 RECRUITER DOES THE WORK!2 $ 7.4 h $348 4 $ $18,750 PRE-SCREENING & CONDUCTING INTERVIEWS3 FIND & HIRE A RECRUITER YOU DON'T HATE1 REVIEWING RESUMES 2 Using a Recruitment Agency The True Cost of Your mission, should you choose to accept it: You, the hiring manager, must find the ideal accounting manager in the shortest time possible. Don’t know where to start? Don’t worry – this will help. Depending on how much time & money you can afford, you have two options. Choose wisely - the stakes are high. Hiring$$ What’s Your Time Worth? WRITING THE JOB DESCRIPTION & POSTING ADS FOR 3 MONTHS Hiring by Yourself Your Competing Priorities The average manager in the US makes $90,000/year Hourly wage: $47 This is you You must juggle regular work & hiring. You must fill the vacant job position ASAP. You have a limited hiring budget. Average # of days to fill a position: 95 days Accounting Manager average salary: $75,000/year • FACTS • 1 $ LinkedIn Ad $1,500 Job titles $1,257 CareerBuilder Ad $675 Monster Ad $225 Craigslist Ad $117.50 2.5h Post a Job Ad $95 Facebook Ad $47 3.5 h $3,991.50 Write Ad Copy Respond Seen by Hiring Manager Interview Job Offer Final Interview 1h $ 3.6 h $169.20 300 200 4 8 1 Start/end dates Previous Companies Education PRE-SCREENING & CONDUCTING INTERVIEWS TIME THE REAL QUESTION Is there a win-win situation when it comes to both costs and time spent on hiring? MONEY 3 $ 12.15 h $571 $ 4 h $188 Recruitment agencies usually charge companies a hiring fee of approximately 15%-30%. In this case, you need to hire an accounting manager with an annual salary of $75,000. You’d expect to pay ~20% of that salary. 15-30% $75,000 -20% HIRING WINE & DINE CANDIDATES 23.3 h $4,920 $19,380 13.4 h Using a Recruitment Agency Hiring by Yourself Overall Time & Cost Overall Time & Cost Overall Time & Cost Overall Cost Overall Time & Cost Overall Time & Cost $ HIRING FUNNEL x2 REFERENCES Salary of manager http://www.glassdoor.com/Salaries/average-manag er-salary-SRCH_KO8,15_IP5.htm 25 Feb 2014 http://www.dbs.deusto.es/cs/Satellite/dbs/en/news/ community-manager-digital-marketing-manager-so cial-media-manager-web-developer-and-digital-co mmunication-specialist-are-the-five-profiles-most- often-sought-after-by-companies/noticia 2 May 2014 (software engineers are in demand) http://www.nydailynews.com/jobs/sought-after-job -applicants-article-1.1776972 17 June 2014 (top 6 skills that will be most sought after) http://articles.economictimes.indiatimes.com/2014 -06-17/news/50651389_1_business-intelligence-en gineers-analytics 31 March 2014 (median household income of Americans in Feb 2014) http://econintersect.com/a/blogs/blog1.php/median -household-income-advances-in Linkedin job posting costs https://www.linkedin.com/today/post/article/2014 0419011339-56543389-how-much-does-marketin g-with-an-ad-agency-marketing-company-social-m edia-company-and-video-companies-really-cost Facebook job posting costs http://moz.com/blog/1-dollar-per-day-on-facebook- ads Craigslist cost http://www.craigslist.org/about/help/posting_fees How long it takes for job positions to be filled http://www.nytimes.com/2013/03/07/business/eco nomy/despite-job-vacancies-employers-shy-away-fr om-hiring.html?pagewanted=all&_r=1& Statistics Source http://www.ere.net/2013/05/20/why-you-cant-get- a-job-recruiting-explained-by-the-numbers/ Reference infographic http://www.huffingtonpost.com/2012/06/04/the-tr ue-cost-of-hiring-infographic_n_1568295.html Traditional recruitment process http://flylib.com/books/en/2.309.1.35/1/ 4 April 2014 The cost of hiring http://www.hrbartender.com/2014/recruiting/the-c ost-of-hiring-in-2014-infographic-friday-distraction/ Cost of advertisement per month http://job-websites.findthebest.com/q/61/1088/Wh at-is-the-cost-per-month-to-post-a-job-listing-on-C areerBuilder-com-job-website