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Average Time From Interview to Offer Falls
From the National Association of Colleges and Employers' October 21, 2011 Spotlight newletter:
Employers report extending an offer an average of 22.5 days following the interview, according to results from NACE's 2011 Recruiting Benchmarks Survey.
That's down from an average of 23.5 days reported in the 2010 survey and 25 days in 2009, suggesting that increased competition for candidates fueled the drop.
However, a regional breakdown of the data show that the level of competition--and thus the need to move more quickly--varied: Organizations in the Southeast (29.8 days), Great Lakes (25 days), and Far West (24.1 days) regions took longer than average to provide an offer, while respondents in the Mid-Atlantic region (19.6 days) and Plains states (19.3 days) beat the average.
The 2011 Recruiting Benchmarks Survey was conducted from June 20, 2011, to August 20, 2011; 268 NACE-member organizations, or 31 percent, took part. A report based on results of the survey will be available later this month.
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