Sharing Facts about Recruitment
Fun facts
About Recruitment and Recruitment Agencies
Explore with us some intriguing and lighthearted tidbits about the world of recruitment and recruitment agencies. Whether you're a job seeker looking to gain insight into the hiring process or an employer interested in the behind-the-scenes of talent acquisition, these facts will entertain and inform you.
Insights about job seekers and employers
Companies spend an average of $4,000 to $7,500 on recruiting a single employee. Thus, tools and strategies that streamline the process can provide considerable savings.
69% of active job seekers are likely to apply for a job if the employer actively manages its brand. This means consistent communication, feedback, and showcasing the company culture is crucial.
Employee referrals have the highest applicant-to-hire conversion rate. Only 7% of applicants come from referrals, yet they account for over 40% of all hires.
About 89% of job seekers say their mobile device is an important tool for job searching, highlighting the need for mobile-optimized application processes.
60% of job seekers have quit an application process because it was too lengthy or complex.
69% of employees are more likely to stay with the company for three years if they experienced great onboarding.
68% of candidates believe the way they're treated in the recruiting process reflects how they will be treated on the job.
While 30% of candidates are active job seekers, 70% are passive, meaning they're not actively looking but open to opportunities.
Companies that use recruitment marketing strategies see a 38% higher engagement rate with their job content.
50% of candidates say they wouldn't work for a company with a bad reputation, even with a pay increase.
74% of professionals expect remote work to become a standard.
On average, it takes 10 interviews to result in one hire, stressing the need for effective interview processes.
Talent Aquisition & Recruitment agencies
Recruitment agencies can reduce the average time-to-hire by up to 50%, ensuring positions are filled more quickly.
Studies have shown that employees hired through recruitment agencies tend to stay with companies longer, with 3-year retention rates improving by 25%.
80% of businesses report difficulty in hiring for specialized roles. Recruitment agencies, especially niche ones, have expertise in sourcing specialized talent.
90% of companies believe that recruitment agencies offer better candidate screening
85% of employers value the market insights, salary benchmarking, and competitor analysis provided by recruitment agencies.
Recruitment agencies assist in promoting an employer's brand, and 60% of businesses report improved brand perception when partnering with reputable agencies.
For startups or businesses entering new markets, 80% find recruitment agencies essential for rapid scaling.
With better-matched candidates, companies report a 30% reduction in initial training resources.
55% of businesses appreciate post-hire follow-ups done by recruitment agencies, ensuring a smoother transition for new hires.
For seasonal businesses, 80% prefer using recruitment agencies to effectively manage high-volume hiring.
Latest from our blog
Get interesting insights, articles, and news
