Employment Facts

At Staffing it is interesting to read some of the interesting stats from the recruitment industry. Whether you are a recruitment agency, employer or candidate you will be surprised and facinated with the following employment facts (Updated May 2021):

• On average there will be between 58 and 93 applicants for advertised jobs. Generally between 3% and 10% of these applicants get an interview.
• Organisations spend on average 5 and 8 seconds reviewing resumes, 1 grammar or spelling mistake and your CV will be thrown away. 80% of CVs are ignored if your email address is unprofessional.
• It was reported of the 17,000 new hires 51% of them failed within 20 months and of these, 91% left because their attitudes did not align to that of the organisation. Only 11% failed because of a lack of skills.
• The average cost of replacing a member of staff earning is $5,000 and $9,000.
• Just as the number of job opening can increase it often will decrease at an even faster rate if an economy is slowing down. Nothing is constant so the highest salaries are secured when unemployment rates are lowest. Rememnber however lock in your job and salary at the peak as you may be looking for work when the cycle dips. With approximately 84% of available jobs never advertised you should never stop career networking.
• companies report that 1 in 21 job offers (around 5%) are rejected by their first choice of candidate. Usually because they have received another offer, however often for many other reasons.
• Other than the date, name of the contact and location, only 36% of candidates receive any information prior to an interview.
• It is interesting to note that only 6% of unsuccessful candidates were given feedback that was moderately useful from hirers. Only 2% of candidates received valuable feedback.
• Phone interviews last 25 minutes and face-to-face interviews last 41 minutes on average. In a survey of 3,000 hiring managers, 30% claimed to know whether or not they would hire someone within 10 minutes. After that, it usually takes 2 day to 10 days to hear from the recruiters with their decision.
• On average new talent take between 22 and 27 weeks to reach optimum productivity.

Sources :

• RCSA
• The Economist
• The Telegraph
• Hiring for Attitude by Mark Murph
• IBIS World

We hope this article was of interest and that it can assist you in your career, whether it be Business Services Manager, Graduate Accountant or Tax Senior. At Staffing we have compiled a range of articles and online resources to help you find that perfect job! If you are seeking a new job, why not start by click on the Register for Work button, upload your resume and we will match you against our jobs database of up to 167,000 roles in United States. If you are an company seeking hiring services then call Staffing or click on the Get A Quote button to source some fantastic candidates, including many with Business Services Manager or Graduate Accountant experience. We look forward to continuing to improving our expertise, talent matching capability and hiring processes no matter what hiring service you are seeking from one of the top 4 employment agency in United States. With a wide range of hiring services we look forward to assisting you, whether you were referred to us or searched for our employment employment agencies in united states, united states, staffing, staffing or employment agencies recruitment in united states online.

For more Graduate Accountant Career Advice see below additional resources to find the perfect job:

• Recruiting Facts
• 5 Questions You Need To Ask Before Accepting A Job
• 5 Reasons For Quitting Your Position
• Checklist To Find A Job
• 5 Questions You Need To Ask Before Accepting A Job
• Career & Job Hunting Checklist