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10 Employment Facts

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

  • The average cost of replacing a member of staff earning is $5,000 and $9,000.
  • On average there will be between 58 and 93 applicants for advertised jobs. Generally between 3% and 10% of these applicants get an interview.
  • 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.
  • 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
  • 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.
  • Other than the date, name of the contact and location, only 36% of candidates receive any information prior to an interview.
  • On average new talent take between 22 and 27 weeks to reach optimum productivity.
  • 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.
  • 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.
  • 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.

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We hope this article was of interest and that it can assist you in your career, whether it be Chief Credit Analyst, Senior Researcher or Credit Assessment Analyst. 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 171,000 roles in United States. If you are an enterprise seeking employment services then call Staffing or click on the Get A Quote button to source some fantastic candidates, including many with Chief Credit Analyst or Senior Researcher experience. We look forward to continuing to improving our experience, recruitment systems and expertise no matter what hiring service you are seeking from one of the top 7 recruitment company in United States. With a wide range of recruiting services we look forward to assisting you, whether you were referred to us or searched for our clinical coder recruitment in united states 150, united states, staffing, staffing or medical typist medical administration recruiters online.

For more Senior Researcher Career Advice see below additional resources to find the perfect job:

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