📊 The Cost of Talent is Shifting: Key Benchmarks from the 2025 Recruiting Report The new SHRM 2025 Recruiting Executives Benchmarking Report reveals a major divergence in hiring metrics, with costs soaring for executive roles while time-to-fill stabilizes. Here are the must-know insights for every talent acquisition professional: 1. Executive Hiring Costs Explode, Nonexecutive Costs Drop The cost-per-hire (CPH) gap is wider than ever, underscoring the resource intensity of top-tier talent acquisition: Executive CPH has reached a median of $10,625. This represents a staggering 113% increase since 2017 and a 21% rise since 2022. Nonexecutive CPH decreased to $1,200, a 27% decline since 2017. The Ratio: The cost of hiring an executive is now nearly 9 times that of a nonexecutive role. 2. Time-to-Fill Stabilizes, But Size Matters The hiring process is becoming more consistent across job levels, suggesting focused effort on speed: The median time-to-fill for both executive and nonexecutive positions is now about 44-45 days (a month and a half). This is a sharp drop for executive roles, which took 60 days in 2022. The Bottleneck: Extra-large organizations (5,000+ employees) report significantly longer time-to-fill periods (around 60-61 days for both). 3. The Internal Hiring Opportunity is Missed Recruitment remains overwhelmingly external, though larger firms are better at internal mobility: The overall median shows executive hiring is 100% external. Only 7% of nonexecutive positions are filled internally across all organizations. The Exception: Extra-large organizations are the exception, filling 50% of executive positions from within. 4. A "Quality of Hire" Blind Spot Despite 61% of recruiting executives citing a lack of qualified candidates as a top challenge, very few organizations actually measure whether their new hires deliver value: Only 20% of organizations use a quality-of-hire metric, a decline from previous years. 💡 Actionable Takeaway: Recruitment is expensive, especially at the executive level. Recruiting leaders need to justify these costs by integrating Quality of Hire metrics into their reporting and investing in internal development programs (upskilling, mentoring) to capitalize on the lower cost and higher potential retention of internal talent. How does your organization's CPH compare to these benchmarks? Share your thoughts below! 👇 #Recruiting #TalentAcquisition #HRMetrics #Benchmarking #FutureOfWork #SHRM #ExecutiveSearch
Global HR Books’ Post
More Relevant Posts
-
Recruitment is more than filling roles—it’s a critical driver of organizational success. To ensure your recruitment function is operating at its best, HR leaders should ask: Capacity: Is the team structured to flex during peak hiring cycles without burning out? Connection: Do recruiters have the bandwidth to build real partnerships with hiring managers, not just process requisitions? Strategic choices make the difference. Knowing when to bring in an external search partner for niche roles—or when to reassign repetitive administrative tasks—frees recruiters to focus on what they do best: finding and securing the right talent. When HR leaders invest in both the structure and scope of their recruitment teams, the result is renewed effectiveness, stronger relationships, and a pipeline that truly supports the business. #humanresources #hrconsulting
To view or add a comment, sign in
-
-
🚀 Strategic Talent Acquisition: Moving Beyond the Resume The efficacy of traditional recruitment and selection paradigms, heavily reliant on historical data and paper qualifications, is increasingly challenged by the demands of the modern workforce. For organizations to secure a sustained competitive advantage, a strategic shift is required to evaluate candidates based on future potential and organizational fit, rather than merely experience. The imperative is clear: we must look beyond the resume. Key Pillars for Reframing Selection: * Competency-Based Assessment: Move from assessing credentials to validating demonstrable competencies and critical skills. This involves utilizing practical work sample tests, robust assessment centers, and digital simulations to gauge true capability. * Behavioral and Cultural Alignment: Successful hiring hinges on identifying candidates whose intrinsic values, work ethic, and cognitive styles are congruent with the organizational culture. Advanced behavioral interviews and ethical psychometric tools are essential for measuring this strategic fit. * Predictive Analytics in Sourcing: Leverage data to identify the characteristics that correlate with high performance and retention within the specific organizational context. This enhances the precision of talent pooling and reduces subjective bias. * Elevating the Candidate Experience: A professionally managed and transparent selection process is a critical touchpoint for employer branding. A superior experience, regardless of the outcome, positions the firm as a destination employer. My foundational understanding of these strategic OBHRM concepts has been profoundly enhanced by the lectures of Dr. Sakshi Mann. I am deeply grateful for her comprehensive insights that frame HR functions as drivers of business strategy. I welcome professional discourse on this topic. How is your organization integrating predictive data and behavioral insights to optimize talent acquisition outcomes? #TalentStrategy #HRM #Recruitment #Selection #OBHRM #MBA #HumanResources #FutureofWork
To view or add a comment, sign in
-
-
Recruiting remains a persistent challenge. According to SHRM’s 2025 Talent Trends: Recruiting report, nearly 69% of organizations still struggle to fill full-time roles. Here are four insights that stood out: 1) Supply and demand mismatch Most organizations report too few applicants and heavy competition for talent. 2) Skills gaps continue Both technical and soft-skill deficiencies slow down hiring, proving capability matters more than titles. 3) Compensation, flexibility and benefits are now baseline expectations Inflation and shifting work preferences mean traditional models are no longer enough. 4) Internal talent and broader talent pools are gaining importance Use of internal talent marketplaces is rising, and multinational employers report fewer challenges due to wider geographic reach. If nearly 7 in 10 organizations still struggle to hire, this isn’t a post-pandemic anomaly. It is the new normal. Hiring must shift from “filling roles” to building capability, internal mobility and long-term pipelines. The perfect candidate may not exist — but the right talent can be developed. If you’re feeling this pressure, ask yourself: Are we widening our talent pools instead of bleeding money or loosing projects? Are we investing in development rather than waiting for the ideal hire? Is our employer value proposition aligned with today’s candidate expectations? What’s one change you’ve made to your hiring strategy in 2025?
To view or add a comment, sign in
-
In 2023, the spotlight is on "proactive" recruitment, but it's important to remember that employee retention is also critical. PWC shared in a recent study how factors like career advancement and compensation play a huge part in people leaving organisations. The landscape of work is evolving rapidly. To delve deeper into strategies that work for retaining talent in today's hiring market read our latest blog here. -> ✍👉 https://lnkd.in/eDsCyzKq The Recruiting Office - Bringing Talent & Opportunity Together! #RetentionStrategy #Recruitment #ProactiveRecruitment #Retention #ReactiveRecruitment #EmployeeRetention #Hiring
To view or add a comment, sign in
-
In 2023, the spotlight is on "proactive" recruitment, but it's important to remember that employee retention is also critical. PWC shared in a recent study how factors like career advancement and compensation play a huge part in people leaving organisations. The landscape of work is evolving rapidly. To delve deeper into strategies that work for retaining talent in today's hiring market read our latest blog here. -> ✍👉 https://lnkd.in/eYm-2rkR The Recruiting Office - Bringing Talent & Opportunity Together! #RetentionStrategy #Recruitment #ProactiveRecruitment #Retention #ReactiveRecruitment #EmployeeRetention #Hiring
To view or add a comment, sign in
-
In a recent research report, Korn Ferry, the global consulting firm, forecasts talent shortages of 85.2 million skilled workers by 2030. The report continued to share that 84% of leaders were concerned for the survival of their organisations as the continued need to hire more skilled people becomes more challenging. The world of Work, and consequently recruitment, has shifted in the last few years and the strategic importance of a hiring process to ensure the right person is in the right role at the right time is vital for any business that wants to grow. This is why working with an experienced recruiter is fast becoming the preferred hiring option for many leadership teams. But, how do you know which is the right recruitment company to work with? In a recent blog we explain what to look for to identify your perfect recruitment partner. -> ✍👉 https://lnkd.in/e2VxdfXv The Recruiting Office - Bringing Talent & Opportunity Together! #recruitment #hiring #recruitment partner #recruitment agency
To view or add a comment, sign in
-
💡 The best recruitment firms in 2025 aren’t just hiring great people they’re keeping them. Retention has become the real differentiator. Here’s what the top-performing agencies are doing to hold onto their best recruiters 👇 🔥 Clear progression - everyone knows the path from biller to director. 🏠 Flexible working with accountability - trust and results in equal measure. 💰 Smarter incentives - beyond commission: shares, trips, and leadership development. 📈 Brand investment - helping recruiters build their own voice, not silence it. 🤝 Real culture - open leadership, transparency, and support that actually means something. The result? Lower churn. Stronger brands. Recruiters who want to stay. In 2025, retention is the new recruitment. #Recruitment #Rec2Rec #RecruiterLife #Retention #RecruitmentGrowth #KaymanRecruitment
To view or add a comment, sign in
-
In a recent research report, Korn Ferry, the global consulting firm, forecasts talent shortages of 85.2 million skilled workers by 2030. The report continued to share that 84% of leaders were concerned for the survival of their organisations as the continued need to hire more skilled people becomes more challenging. The world of Work, and consequently recruitment, has shifted in the last few years and the strategic importance of a hiring process to ensure the right person is in the right role at the right time is vital for any business that wants to grow. This is why working with an experienced recruiter is fast becoming the preferred hiring option for many leadership teams. But, how do you know which is the right recruitment company to work with? In a recent blog we explain what to look for to identify your perfect recruitment partner. -> ✍👉 https://lnkd.in/eagMDaxX The Recruiting Office - Bringing Talent & Opportunity Together! #recruitment #hiring #recruitment partner #recruitment agency
To view or add a comment, sign in
-
Conquering the Candidate Gap: Expert Tips for Hiring Success - https://lnkd.in/gDDDaTj2 💼 Beating the Talent Crunch: 71% Struggle, We Succeed! 💼 Our latest HR Spotlight article reveals how business leaders and HR pros are winning the war for talent—71% of firms can't find qualified candidates. Here's how they're beating the odds: Culture Magnet: Strong values, growth opportunities draw top talent. Build Internally: Upskill teams, unlock hidden potential. Global Search: Tap overseas pools for skills, dedication. Smart Automation: Free HR for meaningful candidate connections. Stay Interviews: Retain stars before they leave. From outcome-focused roles to empathetic onboarding, these strategies secure talent pipelines. Read the full article! 🚀 How do YOU attract qualified candidates? Share below! 👇 Conquering the Candidate Gap: Expert Tips for Hiring Success - https://lnkd.in/gDDDaTj2 Featuring insights from: Jeremy Asher Golan (CPHR, SHRM-CP, B.Mgmt) Rob Dillan Yan Courtois Philip Ruffini Gearl Loden Ben Schwencke Cyndi Laurin, PhD Nathan Baws Nick Heimlich Visit www.HRspotlight.com for comprehensive insights and resources in the HR space. #HRSpotlight #HR #HRTips #TalentAcquisition #HiringStrategies #Recruitment #HiringSolutions #Workforce
To view or add a comment, sign in
-
Key Factors That Influence Recruitment Success Recruitment isn’t just about filling roles — it’s about attracting, engaging, and securing the right talent at the right time. Here are four major factors that shape hiring outcomes in every organization: -Employer Branding: A strong reputation draws quality candidates. -Compensation and Benefits: Competitive packages impact acceptance rates. -Hiring Process Speed: Quick decisions help secure top talent. -Market Conditions: Economic shifts and demand affect talent availability. Building an efficient recruitment strategy starts with understanding what truly drives candidate interest and conversion. Follow Gratuity Consulting and Services for more insights on hiring, talent strategy, and modern HR practices. #Recruitment #Hiring #TalentAcquisition #EmployerBranding #HRInsights #HumanResources #GratuityConsulting #WorkCulture #HiringStrategy #PeopleandCulture
To view or add a comment, sign in
-
Explore related topics
- Quality of Hire Benchmarking
- Talent Acquisition Cost Efficiency
- C-Suite Advisor Hiring Trends for 2025
- Internal vs. External Hiring Metrics
- Balancing Hiring Speed and Candidate Experience in 2025
- Longitudinal Hiring Trends
- How to Accelerate Hiring Without Sacrificing Quality
- Retention Rate Measurement
Thatiana Miranda