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Hiring Facts

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

  • On average there will be between 56 and 109 applicants for advertised jobs. Generally between 4% and 8% of these applicants get an interview.
  • 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 82% of available jobs never advertised you should never stop career networking.
  • The average cost of replacing a member of staff earning is $6,000 and $11,000.
  • Organisations spend on average 5 and 7 seconds reviewing resumes, 1 grammar or spelling mistake and your CV will be thrown away. 74% of CVs are ignored if your email address is unprofessional.
  • It was reported of the 18,000 new hires 44% of them failed within 16 months and of these, 90% left because their attitudes did not align to that of the company. Only 13% failed because of a lack of skills.
  • companies report that 1 in 22 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 27 minutes and face-to-face interviews last 40 minutes on average. In a survey of 2,000 hiring managers, 35% claimed to know whether or not they would hire someone within 10 minutes. After that, it usually takes 1 day to 12 days to hear from the recruiters with their decision.
  • On average new staff take between 23 and 27 weeks to reach optimum productivity.
  • It is interesting to note that only 6% of unsuccessful candidates were given feedback that was moderately useful from hirers. Only 4% of candidates received valuable feedback.
  • Other than the date, name of the contact and location, only 39% of candidates receive any information prior to an interview.

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Hopefuly you enjoyed reading Staffing's news article. We understand that the search for the perfect Finance Officer role is challenging and a leading Recruitment And Temp Staffing Agency in United Kingdom we look forward to continuing to provide you articles and facts on the latest industry trends. Whether you are seeking Finance Officer or Accounts Payable Clerk staff Staffing are only one click away from offering your a employment solution or possibly your next dream job. Whether you register for work or contact Staffing to source amazing Debt Collector talent, experienced Staffing team can help you. Why not Register For Work or contact us today to discover if we can match your profile with roles involving temp finance admin recruitment accounting agency in united kingdom, temp finance admin accounting employment agencies, hire finance administrator worker, junior accountant recruitment agency, temp finance admin employment agencies in united kingdom or best finance admin recruitment agencies united kingdom.

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