Recruiting and hiring processes have undergone tremendous changes in recent years, and they are likely to keep changing. More people are looking for remote work and flexibility, so companies are focusing on skills and how well candidates will fit into their culture alongside their qualifications. Tools like AI and applicant tracking systems help employers quickly filter resumes to find the right talent. On the other hand, candidates now have more choices than ever, making it harder for companies to fill their staff gaps.
Recruitment statistics provide valuable insights into the current hiring landscape. This data enables employers to make informed decisions and optimize their hiring process. Let’s review what’s in trend now and how recruitment tactics can be tuned to these trends for everyone to win.
Application process: what works and what doesn’t
The hiring process starts with posting a job vacancy. Even at this early stage, recruiters can lose a part of applicants, and here’s why:
80% of applicants want to know the salary before they send a resume. Job postings that include a salary range see five times more clicks from candidates (Ihra.io)
Around 30% of candidates won’t spend more than 15 minutes on an online application. The most impatient job seekers are of 24-35. An application process must be streamlined. (Business News Daily)
89% of job seekers use smartphones to search for jobs. The need for mobile-friendly job listings is growing fast, and recruiters should not ignore this tendency. (Medium)
66% of job seekers will wait only two weeks for a callback. Then, they view the job as a lost cause and start looking for other opportunities. Employer feedback is crucial during the hiring process. (Linkedin, blog by Rent A Recruiter Australia)
Talent search: where to look for the best candidates
Finding the right talent can be hard for recruiters because there are so many applicants. Many companies struggle to find candidates with the right skills. As competition for skilled workers grows, businesses need to change their hiring methods. What do candidates prioritize today?
60% of candidates look for jobs on specialized boards, 56% use professional networks, and 50% turn to word of mouth when looking for new opportunities. Employers should look for talent across multiple channels.
55% of candidates will likely accept a lower salary if the job offers better benefits. This shows how important benefits are, sometimes more than pay alone. (HR Daily Advisor)
77% of modern job seekers want to work for a company that emphasizes diversity, equity, and inclusion. This trend reflects a growing desire for inclusive workplaces and diverse environments. (Enterprise Alumni)
70% of the global workforce are passive talent, and only 30% are active job seekers. Companies need to adopt special strategies to reach and attract these passive candidates.
Candidate skills: how to find the right talent
Today, employers must work harder to locate the right candidates and keep them engaged during the hiring process. What do studies show about finding potential hires with the needed set of skills?
77% percent of employers say they struggle to find the skilled workers they need, which is a big jump from just 35% ten years ago. The competition for qualified talent is getting tougher. (Smart Recruiters)
92% of hiring managers believe that soft skills are just as important, if not more important, than hard skills. This shift emphasizes the importance of communication during the hiring process. (Vorecol)
74% of talent professionals admit having hired the wrong candidate for a position at least once. (CareerBuilder). This underlines the importance of assessments like the Ms-102 exam.
70% of recruiters believe that companies should assess their skills and abilities and not just blindly rely on resumes and interviews. (TestGorilla)
Interview trends that job seekers appreciate
Interview trends are changing the way candidates and employers connect during hiring. Learn how hiring staff can create a better experience for job seekers.
72% of candidates say that the interview process can impact their choice to accept a job. If the process feels easy and organized, they’re more likely to take the offer. (Cronofy)
60% of employers use video interviews to speed up the hiring process. This approach will enable international talent to apply for a job vacancy.
50% of candidates feel frustrated when their interview schedules change. This can create a negative impression of the company and reduce their interest in the job. (Adaface)
61% of recruiters say the best time for interviews is between 9 a.m. and 11 a.m. At this time, both candidates and interviewers are more alert and focused. (Adaface)
ATS and AI in hiring
Recruiters are often overloaded by the number of applications. An average corporate job posting attracts about 250 applicants. A good Applicant Tracking System (ATS) and AI tools make the hiring process more transparent and easier to manage.
88% of companies worldwide have adopted AI technology in their HR processes. This shift proves technology can make hiring more efficient and effective. (ARTSMART AI)
62% of hiring professionals believe AI will have a positive impact on recruitment and 27% of recruiters are already experimenting with this technology. (The Future of Recruiting 2024 report by Linkedin)
Applicant Tracking Systems (ATS) have enabled 86% of users to hire more quickly and helped 78% improve the quality of their new hires. ATS can revamp the recruitment process for both employers and candidates. (Hiring Thing)
62% of candidates prefer using an automated system to manage the interview process instead of dealing with long back-and-forth messages. They value a quicker and more efficient hiring experience. (Smart Recruiters)
How onboarding helps to retain new hires
A good onboarding process is key to keeping new hires. It helps them adjust to their roles and increases their job satisfaction. Here are some important stats that show why effective onboarding matters:
About 32% of executives reported that their onboarding experiences were not good. This shows that many companies need to improve how they welcome new employees. (Oak Engage)
Only 52% of new hires are happy with their onboarding experiences. (Harvard Business Review)
69% of new employees will remain with a company for three years if they have a positive onboarding experience. (SHRM)
56% of new employees would like to have a mentor to help them during their onboarding process. This makes a significant difference in their adjustment to the new role and workplace culture. (Shortlister)
Wrapping up
Recruitment trends are always changing, and it’s crucial for recruiters to keep up. These shifts can help them refine hiring strategies, attract the best talent and improve the candidate experience. Additionally, recruiters should continuously evaluate their recruitment processes and seek feedback from candidates to identify areas for improvement. This will help keep hiring practices effective and efficient in today’s competitive job market.
