Today’s labor market has become candidate-driven. With multiple job opportunities to choose from and easy access to information about companies and their employment brand, candidates act more and more like consumers.
At the same time, there’s a strong demand for skilled specialists in many areas (programmers, marketers, consultants, etc.) all of which has stretched the time to hire in the U.S. to an average of almost 5 weeks. And many jobs can take much longer.
Among the reasons why the process has become so lengthy, according to a survey by the MRI Network is the shortage of qualified candidates and time-consuming hiring practices.