Hiring

Worldwide, recruitment is a $400+ billion industry and in America, hiring managers admit that 1 in 5 hires turn out to be mistakes, costing businesses an average of $25,000 per “bad hire.”

But where there are problems, there is innovation. Businesses will continue to hire, and hire smarter.

This SmartRecruiters infographic provides insight into the state of hiring top talent.

Takeaways:

  • 77% of businesses plan to hire in 2014.
  • Bad hires cost businesses $25,000 in 2013.
  • 62% of jobs are posted to niche sites.

RELATED: The State of Sourcing in 2014 [INFOGRAPHIC]

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About David Smooke

David Smooke is Partner at ArtMap Inc. (Inbound Marketing On Demand), Advisor to  Zoomforth (Rich Media Recruitment Marketing), and Head of Marketing at Teamable (Enterprise Employee Referral Engine).

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