{"id":1083,"date":"2013-10-28T17:17:44","date_gmt":"2013-10-28T17:17:44","guid":{"rendered":"https:\/\/www.bullhorn.com\/?p=1083"},"modified":"2019-03-01T21:26:22","modified_gmt":"2019-03-01T21:26:22","slug":"your-recruiting-speed-costing-your-firm-potential-revenue","status":"publish","type":"post","link":"https:\/\/www.bullhorn.com\/eu\/blog\/your-recruiting-speed-costing-your-firm-potential-revenue\/","title":{"rendered":"Is Your Recruiting Speed Costing Your Firm Potential Revenue?"},"content":{"rendered":"

The average recruiter deals with up to 50 interruptions per day<\/strong>, according to our most recent report,\u00a0The Ultimate Revenue Roadmap<\/a>. And, while interruptions are inevitable, the amount of time spent on these unplanned tasks could be costing your firm thousands (even millions) of dollars. Take the following scenario for example:<\/p>\n

A professional recruiting firm with 10 recruiters on staff making $2.3M annually could be losing 1,970 hours or\u00a0$272,000\u00a0in potential revenue per year.<\/p>\n

That\u2019s a lot of money to leave on the table \u2015and don\u2019t think for one second, as long as we get within a ballpark range of our revenue goals, we\u2019re doing fine.<\/p>\n

Bullhorn benchmark data shows that an automated recruiting workflow can reduce unproductive time recruiters spend dealing with interruptions by as much as 75%, which means your firm can pocket this additional revenue before your competitors come by and scoop it up.<\/p>\n

If the sample organization above cut the time spent on interruptions by half (985 hours), they would yield $136,000 in extra revenue, while reducing it by 75% would result in \u00a0$204,000\u00a0in revenue.<\/p>\n

It all comes down to recruiting speed and how fast your \u00a0recruiters can do business. Every second counts.\u00a057% of candidates<\/a>\u00a0who are successfully placed are submitted by \u00a0recruiters within the \u00a0first 24 hours. Speed equals revenue. \u00a0The less time your recruiters spend on interruptions, the faster they can move. The faster they can place candidates, the more money you make.<\/p>\n

It\u2019s that simple. But it requires a recruiting system that can help reduce the time spent on interruptions per day.\u00a0About 50% of a recruiter\u2019s tasks\u00a0<\/a>are scheduled, while the other 50% of these tasks throughout the day are unplanned. The ability to tackle these unexpected disruptions while seamlessly jumping from task to task is the key to minimizing the impact they have on top-line growth.<\/p>\n

Download our free report<\/a>\u00a0to learn how to maximize your recruiting speed\u00a0to earn more money. It\u2019s payback time!<\/p>\n

Follow @Bullhorn on Twitter\u00a0<\/a>for more recruiting data, tips, and news. You can also check out Bullhorn\u2019s Resources section for the latest whitepapers, infographics, e-books and reports.<\/p>\n

This Bullhorn Blog post was written by Ashley Healy.<\/em><\/p>\n

Ashley Healy specializes in integrated marketing communications and a wide range of marketing activities including social media management, SEO copywriting, content marketing, promotional strategies and employment branding. She previously worked as Content Marketing Manager at Bullhorn and prior to that, as a copywriter and marketing coordinator at Verndale, a full-service digital agency.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The average recruiter deals with up to 50 interruptions per day, according to our most recent report,\u00a0The Ultimate Revenue Roadmap. And, while interruptions are inevitable, the amount of time spent on these unplanned tasks could be costing your firm thousands (even millions) of dollars. Take the following scenario for example: A professional recruiting firm with […]<\/p>\n","protected":false},"author":24,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[584,585],"tags":[],"class_list":["post-1083","post","type-post","status-publish","format-standard","hentry","category-industry-trends-and-insights","category-tips-tricks-and-how-tos"],"acf":[],"yoast_head":"\nIs Your Recruiting Speed Costing You Revenue? | Bullhorn<\/title>\n<meta name=\"description\" content=\"Bullhorn's free report, "The Ultimate Revenue Roadmap," will help your firm cut back on downtime, increase recruiting speed, and drive more revenue.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bullhorn.com\/eu\/blog\/your-recruiting-speed-costing-your-firm-potential-revenue\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is Your Recruiting Speed Costing You Revenue? 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