Article Organizational Strategy 1 min read
Data: The Tortoise and the Hire
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63 Days
It takes 63 days, on average, for a company to hire a new employee—three weeks longer than it did in 2010—according to a 2015 survey of 400 recruiters by corporate advisory firm CEB. The growing timespan holds with broad trends CEB sees in business benchmarks: “We find again and again that decision making at even the most basic level has slowed materially over the past five to 10 years.”
Source: “The Hard Evidence: Business Is Slowing Down (opens in a new tab),” by Tom Monahan, Fortune, January 28, 2016
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