As a recruiter I always found it frustrating when Hiring Managers liked CV's to pile up over the course of a month before making any decisions on who to progress. The best talent are receiving offers and these hiring managers are thinking about scheduling interviews!!! I vowed to never be like this and as a hiring manager; generally I am in the 4% of getting back within 24 hours to a targeted application for a position.
But is this excessive? The 37% who get back to candidates within a week generally catch you up in the hiring process and good candidates are still weighing multiple offers.
Does getting back within 24 hours really give you an advantage? I'd say it certainly doesn't hurt!
44% hear from employers within a couple weeks of applying; 37% hear back within one week; and only 4% hear back within one day.2