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Businesses

Average Duration of Hiring Process For Software Engineers: 35 Days 178 178

Posted by Soulskill
from the moving-at-the-speed-of-HR dept.
itwbennett writes: Despite the high demand for tech workers of pretty much all stripes, the hiring process is still rather drawn out, with the average time-to-hire for Software Engineers taking 35 days. That's one of the findings of a new study from career site Glassdoor. The study, led by Glassdoor's Chief Economist Dr. Andrew Chamberlain, analyzed over 340,000 interview reviews, covering 74,000 unique job titles, submitted to the site from February 2009 through February 2015. Glassdoor found that the average time-to-hire for all jobs has increased 80% (from 12.6 days to 22.9 days) since 2010. The biggest reason for this jump: The increased reliance on screening tests of various sorts, from background checks and skills tests to drug tests and personality tests, among others.
Bug

Bank's IT Failure Loses 600,000 Payments 96 96

Posted by Soulskill
from the keep-calm-and-spend-on dept.
An anonymous reader writes: The Royal Bank of Scotland had an IT glitch last night that prevented some 600,000 payments from reaching the accounts of its customers. This included bill payments, wages, tax credits, and benefits payments. RBS apologized for the delay, and claims to have fixed the underlying problem. They hope to have all the missing payments sorted by the weekend. This isn't the first major IT screwup for RBS; in 2012, the company was fined £56 million after a software upgrade prevented about 6.5 million customers from logging into their accounts.

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