Is it a ridiculous waste of a senior leader's time for them to spend a month recruiting open positions?
I am certain that this time and opportunity cost is not converted into the money an organisation has wasted in the same way as recruitment is still considered as a cost and not an investment.
It is amazing how companies are happy to waste money on ludicrous non-value adding activities or "things" and yet the suggestion that they divert these funds to an agile but robust recruitment process that allows an HR Director to focus fully on activties that will impact positively on their business is viewed badly!!
HR directors are spending a month (let’s call it February at 27.59 days) on average recruiting for open positions within their organisation, which can result in them losing out on talented candidates who accept jobs from other companies who are able to make hiring decisions more quickly. Top level findings HR Directors in the UK spend 27.59 days on average recruiting for open positions within their organisation The challenge to find qualified candidates (59%) and the increase in the number of CVs per job opening (52%) are the main reasons the hiring process is longer than it was three years ago HR Directors risk losing out on qualified candidates to other opportunities because of the length of the recruitment process