Are you an HR professional interested in seeing where the sphere of recruitment and talent acquisition is headed?
Recruitment is an essential function of any organization. In order to manage the process of attracting, hiring, and retaining great employees, you’ll need to be armed with the most recent and relevant data.
Check out these 38 recruitment statistics to help amplify your talent acquisition strategy.
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 three topics: the hiring process, recruiting trends, and company culture insights.
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).
When asked why they left their last job, employees cited low compensation or a lack of benefits (15%) and poor company culture (10%) as the reason for leaving (CareerBuilder).
56% of companies have paid for employees to get skills-based training outside the office, so they can move up to a higher-skill job within their organization (CareerBuilder).
Employees cite factors like location (56%), affordable benefits plans (55%), job stability (55%), a good boss (48%), and good work culture (44%) as more important than salary when considering a position (CareerBuilder).
Employers who have had a bad hire effect their business in the past year estimate the average cost of a bad hire is more than $18,700 (CareerBuilder).
More than half of millennials (53% ) say that career pathing has the most impact on their decision to stay with their employer (MRI Network).
You’ve got the power
Now that you’re armed and dangerous with these recruitment statistics, you can go forth and create a recruitment marketing and hiring process that brings the best talent into your organization.
Derek is a former G2 staff writer who specialized in HR and recruitment trends and insights. He is a graduate of Iowa State University, a proud son of Chicago, and can usually be found discussing pop music, politics, or digital marketing on the internet. (he/him/his)