TY  - RPRT
        AU  - Mühlemann, Samuel
AU  - Leiser, Mirjam Strupler
        TI  - Ten Facts You Need To Know About Hiring
        PY  - 2015/Sep/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 9363
        UR  - https://www.iza.org/index.php/publications/dp9363
        AB  - We provide new empirical evidence regarding the magnitude and the determinants of a firm's costs required to fill a vacancy. The average costs required to fill a vacancy for a skilled worker in Switzerland amount to about 16 weeks of wage payments. The main components of the vacancy costs are initially low productivity, the formal instruction of a new hire (53 percent), disruption costs due to informal instruction of new hires (26 percent), and search costs (21 percent). Furthermore, hiring costs for small firms are associated with labor market tightness (i.e., the vacancy-unemployment ratio).
        KW  - adaptation cost
KW  - disruption cost
KW  - hiring cost
KW  - search cost
KW  - vacancy-unemployment ratio
        ER  -