Impact on the Bottom Line – The Importance of Speed in Talent Acquisition by Tina Eaton

Written by Tina Eaton on 11/01/2018.

Slow vs. Fast Hiring and the Impact on Your Bottom Line

HR expert Dr. John Sullivan estimates that on-the-job performance can decrease by an entire percent every single extra day you spend making a hiring decision.

‍At Amazon, if their hiring department was to take 10 more days than usual to acquire human capital, on-the-job performance could drop by 10 percent. That 10 percent drop in average revenue per employee ($750,000) translates to a loss of $75,000 per new hire.

‍You can read the full article here.

About Dr John Sullivan

Dr John Sullivan is an internationally known HR thought-leader from the Silicon Valley who specializes in providing bold and high business impact; strategic Talent Management solutions to large corporations.

Check Also

Recruiting Covid Passive tools shortage while you can attract candidates during the pandemic

How To Attract Reluctant Job Applicants (Passives)… As The Pandemic Winds Down

Facing a shortage of applicants? Use these passive sources and attraction factors to solve that problem. Yes, the pandemic with its accompanying record-high unemployment rate has caused a dramatic and painful reduction in the number of applications for open jobs.

Leave a Reply

Your email address will not be published. Required fields are marked *