Is Your Hiring Process Hurting Your Recruiting Efforts?
Recruitment statistics in 2019
Recruitment is an ever-changing beast, and it’s not a role that’s going away anytime soon. With increased use of technology for recruitment, you’ll have to improve your employer branding to better recruit Millennials and Gen Z talent. These statistics are broken up into two topics: the hiring process and recruiting trends.
Hiring process
- Companies lose as many as 89% of potential candidates due to prolonged screening process (Zety, 2019).
- 80% of talent professionals say soft skills are increasingly important to company success (LinkedIn).
- 89% of talent professionals say bad hires typically lack soft skills (LinkedIn).
- 57% of professionals struggle to assess soft skills accurately (LinkedIn).
- 75% of companies use behavioral interview questions to assess soft skills (LinkedIn).
TIP: Learn how to answer behavioral interview questions using the STAR method. |
- 82% of hiring managers say they view the candidate experience as very or extremely important (CareerBuilder).
- 86% of job seekers believe employers should treat candidates with the same respect as current employees (CareerBuilder).
- 81% of job seekers say employers continuously communicating status updates to them would greatly improve the overall experience (CareerBuilder).
- 53% of job seekers want expectations clearly explained in the job description (CareerBuilder).
- 40% of candidates say they’ve experienced a lack of communication between when they accepted a job and their first day of work (CareerBuilder).
- It takes an average of 27 working days to acquire a new hire (empxtrack).
- References are being used as a screening method by 8 out of 10 recruiters (SHRM).
- 55% of the candidates believe it should take between one to two weeks from the first interview to being offered the job while it really takes on average 38 days (Zety, 2019).
Recruiting trends
- 27% of companies are transparent about pay and salary ranges (LinkedIn).
- Of this 27%, 67% of them share salary ranges with candidates early in the hiring process, 59% share ranges with employees, and 48% share ranges publicly on job posts (LinkedIn).
- 78% of employers utilizing an ATS said that recruitment technology makes finding great talent easier than ever (CareerBuilder).
- 1/2 of employers across all company sizes do not have an ATS (CareerBuilder).
An Applicant Tracking System (ATS) offers tons of features for talent sourcing including resume parsing, job posting, and candidate correspondence. |
- 40% of employers plan to hire full-time, permanent employees in 2019 (CareerBuilder).
- 50% of human resource managers say they currently have open positions for which they cannot find qualified candidates (CareerBuilder).
- 55% of those who continuously recruit throughout the year say this reduces their time-to-hire and 42% share it reduces cost-per-hire (CareerBuilder).
- 59% of millennial hiring managers strongly agree that technology will reduce recruiters’ roles in their companies’ talent acquisition processes over the next five years (CareerBuilder).
- 55% of the candidates believe it should take between one to two weeks from the first interview to being offered the job while it really takes on average 38 days (Zety, 2019).
- Hiring managers’ primary reasons for working with staffing firms include the desire to shorten the hiring process (42%) and access to candidates with specialized skills (41 %) (CareerBuilder).
- 40% of companies maintain recruitment processes in-house to save money (CareerBuilder).
- 32% of workers are looking to change jobs in 2019 (CareerBuilder).
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