The Cost of Hiring in 2015

The Cost of Hiring in 2015. The Average time to hire has increased, and so has the cost. HCR Sourcing can help alleviate some of these costs.

The Cost of Hiring in 2015: Every year, companies look to hire. However, many companies do not use a referral program and many companies struggle to hire the right people and hiring efficiently. The average time it takes a company to complete a hiring process is around 95 days or 41 continuous hours, and it costs on average $5,134 per hire but the process itself costs up to $18,195. Bad hires, as we can see, are very costly and are desirably avoided. HCR Sourcing can help with that.