Hiring 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 recruiting facts (Updated May 2021):

• 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.
• 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.
• The average cost of replacing a member of staff earning is $5,000 and $9,000.
• Many organisations use talent-management software to screen resumes that look at keywords to screen out up to 71% of applicants without ever looking at a resume or cover letter
• On average there will be between 58 and 93 applicants for advertised jobs. Generally between 3% and 10% of these applicants get an interview.
• On average new talent take between 22 and 27 weeks to reach optimum productivity.
• Companies on average look for the consider the following traits before making an offer: 29% look for multitasking skills; 30% look for initiative; 20% look for creative thinking; and 12% look for something else in the candidate.
• 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.
• 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.
• Other than the date, name of the contact and location, only 36% of candidates receive any information prior to an interview.

Sources :

• American Staffing Association
• The Financial Review
• Hiring for Attitude by Mark Murph
• RCSA
• the ABC

We hope this article was of interest and that it can assist you in your career, whether it be Senior Contracts Planner, Senior Contracts Administrator or Contracts Officer. 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 142,000 roles in United States. If you are an enterprise seeking hiring services then call Staffing or click on the Get A Quote button to source some fantastic candidates, including many with Senior Contracts Planner or Senior Contracts Administrator experience. We look forward to continuing to improving our talent matching capability, experience and expertise no matter what recruiting service you are seeking from one of the top 7 staffing 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 us executive sous chef recruitment agency, united states, staffing, staffing or pastry chef agencies in united states 150 online.