24th Jun 2022
7 Recruitment stats you can’t ignore
7 Recruitment stats you can’t ignore
Recruitment is a highly competitive industry and now we are on the other side of the pandemic, the industry has changed a lot. With this in mind we have pulled together some of the top stats recruiters should be aware of, so you can follow upcoming trends in order to grow and ultimately place more quality candidates.
Over 90% of all job searches start from a mobile device – Glassdoor
Face to face recruitment and paper forms are a thing of the past. If you’re a recruiter that still uses these for registration and onboarding, you will fall behind. This key stat from Glassdoor suggests that recruiters must have a suitable digital process in place to allow candidates to apply for jobs on their mobile device. Your main target audience are millennials and generation z, these have been brought up with technology so getting on the platforms they are most likely to use will get your agency in front of more candidates.
Over 68% of recruiters said that investing in new recruitment tech is the best way to improve hiring performance – Thrive
From one recruitment expert to another, we have seen that implementing technology has increased our customers’ time by up to an extra 30% each week. Not only app technology, but other ways you can introduce technology to your recruitment process will help you automate processes you might have otherwise wasted time on.
60% of candidates have quit a job application process midway because of its length and complexity – Hirevue
This could make or break how many quality candidates you gain. If your registration process is pages and pages long, candidates will most likely look at other recruitment companies to register with.
In fact, to help agencies offer a timesaving registration process, we have worked with many successful recruitment companies up and down the country to create the ultimate registration form that you can download free here >
87% of companies are struggling to fill job openings – with 63% failing to hire because of skills shortages – Hiring People UK
It’s no secret that there is a candidate and skill shortage. If you embrace new ways to search for candidates, you can tackle the candidate shortage head on. For example, using our free candidate reactivation framework will help you go through your existing pipeline and pull out more quality candidates! Building more local connections and becoming more active on social media are just a couple more ways successful recruiters are tackling the candidate shortage.
Since covid, 89% of organisations are now recruiting virtually – Monster
To save costs many recruiters realised that since covid, they could hold virtual interviews and digitalise the recruitment process to save on travel expenses and extra admin work. Because of its success, recruiters have decided to continue recruiting virtually to keep costs down.
There are many ways recruiters can virtually hire, whether that is through zoom, Microsoft Team, via a mobile app etc. But if you are thinking of recruiting the way you used to, you should really think again.
30% of the global workforce are active job seekers, but 87% of active and passive candidates – Jobadder
Continue recruiting to active job seekers but there is, for many recruiters an untapped potential for passive candidates. These are candidates who are not actively looking for a new role but will be open to new opportunities. If you aren’t already trying to reach out to passive candidates who you think would be good for the roles you are advertising, you might just be surprised.
Over 84% of companies are using social media for recruiting purposes – Hirevue
Everyone knows how powerful social media can be, not only to build up brand and reputation, but to source new candidates. Each social media channel has its own optimal way to use, but one key channel every recruiter should know the be on is LinkedIn. If you want to learn more about how to optimise social media for your recruitment process find out more here.
There are so many new industry trends that are affecting the way recruitment should be now and in the future. Now is the perfect time to look at your current recruitment process and see what’s working, what isn’t working and apply some of these new strategies to place more quality candidates and streamline your successful recruitment process even more.