An article titled Managers don’t care if recruitment money is well spent, based on findings from the Cranfield School of Managements Recruitment Confidence Index (RCI), says that less than half of British firms monitor recruitment costs and three-quarters do not measure cost per hire.

Even though we know that making the investment in a talent acquisition system pays off in process improvements and a lower cost of hire, many UK firms lack the complete end to end process that delivers higher performance.

The Taleo Research study, Careers Site Recruiting in the FTSE 100 Companies: A Missed Opportunity, found that only 51% of the FTSE 100 enable online application with a structured form and automated process. Saving pennies by ignoring the wise investment in recruiting systems costs some firms many pounds in the long run.