Once a company has an opening, it’s in its best interests to fill that opening quickly.
Canton, Ohio (PRWEB) November 12, 2012
There are many factors in the world of recruiting that serve as indicators as to how well the economy is performing.
One of those factors is the number of job orders (or open positions) that companies have. However, perhaps an even more telling sign is how quickly those companies are motivated to fill their openings.
After all, it’s one thing to have an opening at a company, but it’s another thing to commit to a new hire and actually fill that opening.
According to a recent poll conducted by Top Echelon Network, an elite network of highly specialized search firms, over 40% of recruiters indicated that the average length of time between the moment they receive a job order and one of their candidates receiving an offer is between 30 and 60 days.
As part of that poll, Top Echelon Network asked the following question: “During the past 12 months, what’s been the average length of time between the moment you receive a job order and one of your candidates receiving an offer?”
The most popular answer in the poll was “between 30 and 60 days” at 41.7%. The second-most popular answer was “between 60 and 90 days” at 30.6%.
In addition, 15.3% of poll participants chose “less than 30 days” as their answer and 11.4% selected “between 90 and 120 days.” The answer that recruiters chose the least was “over 120 days” at just 1.4%.
According to Top Echelon Network President Mark Demaree, the speed with which candidates are receiving an offer of employment is indicative of companies’ motivation to fill their job openings with qualified candidates.
“Once a company has an opening, it’s in its best interests to fill that opening quickly,” said Demaree. “While it’s true that some companies have tried to stay as lean as possible in recent years, that strategy can result in an overworked staff of employees, which is counter-productive in the long run.
“Not only that, but there are some positions that have to be filled with a person who possesses a unique skill set and whose duties can’t be divided among existing employees. It’s these positions that companies are more likely to enlist the help of an executive recruiter to fill, and when the recruiter presents quality candidates for consideration, company officials usually waste little time making a hire.”
Top Echelon Network was founded in 1988 in Canton, Ohio.