Hiring stats are here to make your job search easier. But how hard can it be to apply for a job?
The thing is:
Job searching, as well as hiring new employees, has evolved into a science. The days of listing skills such as MS Office, communication, and leadership are behind us, and the era of social media recruitment and video interviews has arrived.
In case you’ve wanted to know the average number of applicants per job posted or how many candidates get interview feedback, you’ll find your answers below, together with other invaluable information and fascinating statistics.
Even those who are not looking for a new job can have fun while scrolling through the list of interesting and useful statistics and learning about the intricate world of recruitment. Enjoy!
10 Key Hiring Stats and Facts
- There are 250 resume submissions for every job opening.
- An experienced recruiter goes through a resume in six seconds.
- 80% of recruiters check the references provided in the resume.
- 54% of companies administer a drug test during the interview process.
- 30% of the workforce is actively looking for a new job.
- It takes an average of 42 days to fill a job opening.
- Just 20% of companies pay entry-level employees more than $50,000.
- 79% of job seekers use social media in their search.
- 84% of companies use social media for their recruitment needs.
- By 2020, Social Media Marketing will be the most wanted skill in HR.
Hiring Stats: Resume and Interview Process Statistics
1. 250 resumes are submitted for an average corporate job opening.
When a corporate job opening shows up, applicants come running. Out of the 250 resumes that an average job opening receives, just fur to six candidates will receive an invitation for an interview, and just one of them will get a job offer.
2. It takes six seconds for a recruiter to scan a resume.
It is a common misconception that every CV submitted is carefully read through. Recruiters learn what to look out for in a resume during their first days on the job; hiring process statistics show that resumes that are too long are often ignored, as are those that look untidy. In order to separate the wheat from the chaff, the average recruiter needs just six seconds of scanning.
3. In 2018, strong conversational skills and enthusiasm weren’t essential requirements for 20% of recruiters.
There used to be a time when every resume had to contain these two phrases. Today, a fifth of recruiters don’t emphasize conversational skills and enthusiasm. Also, recruiters are much more forgiving of things such as rudeness to the staff and checking your phone during an interview. Recruiting statistics from 2017 show that 71% of recruiters would immediately disqualify candidates who check their phones, while in 2018 that number dropped to 55%.
4. Experience is no longer a deciding factor for entry-level jobs.
How many times have you seen an ad for an entry-level position that requires four years of experience? Luckily, this practice is becoming less common. 87% of recruiters say a four-year college degree is sufficient to make a candidate competitive in the job market.
5. 80% of recruiters check candidates’ references.
One of the worst things candidates can try to trick the system with are fake references. Eight out of ten recruiters check the references provided and use them as the main criterion for screening.
6. 60% of recruiters use video technology.
Video recruitment statistics show that more than half of hiring managers and recruiters use video interviewing for their hiring needs. This interview method cuts down the average time it takes to fill a position and provides the candidates who don’t live locally with a chance to have an interview without traveling.
7. 68% of businesses increase the starting salary through negotiation.
For those who are about to get a job offer, here’s a pro tip:
Ask for a raise immediately. According to hiring statistics derived from the last few years’ data, recruiters are likely to agree to an increase in starting salary.
8. Just 41% of candidates receive interview feedback.
While talking about what they’d like to see changed in the interview process, 94% of candidates say they’d want to receive interview feedback. However, just 41% of applicants say that they’ve received feedback on the interviews they’ve had.
9. Female recruiters look for prior experience and culture fit.
Recruiting statistics from 2018 show that recruiters have different priorities depending on their gender: 60% of female recruiters are positively impressed by prior experience, while for male recruiters, that number sits at 45%. When it comes to culture fit, 41% of female recruiters find it to be one of the deciding factors, compared to 21% of their male colleagues.
10. 54% of companies test for drug use during the hiring process.
More than half of all companies perform a drug test at some point during the hiring process. The strictness extends to company functions, with 49% of organizations not serving alcohol during their events.
Hiring Statistics: Various Data
11. There were 6.6 million job openings at the start of 2019.
According to statistics provided by the Labor Department, 50% of US employees were hiring earlier this year, creating record-breaking 6.6 million job positions.
12. Passive talent accounts for 70% of the workforce.
Just 30% of the workforce are actively looking for a job, job application statistics show. Even though they aren’t actively looking for a new job, 87% of passive talent are open to new work opportunities. You can read more on passive talent and their impact on social media marketing in the next section of this text.
13. Medical/Dental benefits are what recruiters find to be the most effective offer for passive talent.
Once they’ve found a potential candidate who is already employed with another company, 67% of recruiters agree that offering them medical/dental benefits will help persuade them to jump ship. Current job market trends list a 401k plan as the second item on the list, followed by benefits such as working from home, casual dress code, and a signing bonus.
14. The average time it takes to fill a position is 42 days
Finding a new employee can be a long and tedious process, as evident by the average time it takes US companies to fill a position. The interview process alone lasts 22.9 days according to the national averages.
15. Direct contact by a recruiter or a manager decreases the time it takes candidates to accept an offer.
Recruiting statistics for 2019 tell us that candidates appreciate direct contact by their prospective employers; 89% of them would accept a job offer faster if they were contacted by their recruiter, and the percentage for direct contact with a prospective manager climbs to 94%.
16. 45% of recruiters say they have difficulties filling positions.
Talent shortage is one of the main challenges recruiters are facing. 42% of them are worried they won’t be able to find the person with the right qualifications, while 72.8% struggle to find relevant candidates.
17. 86% of recruiters think the market is driven by candidates.
According to last year’s data, 86% of recruiters and 62% of employers believe it’s very much a seller’s market, not a buyer’s market. Recruiting stats tell us 20.8% of recruiters think candidates are using this fact in order to set demands that are difficult to deal with.
18. 75% of recruiters have had a candidate change their mind after signing an offer.
Three-quarters of recruiters have had the chance to see a candidate back out of the signed job offer. In more than half of those cases (53%), the reason was a better offer from a competitor, hiring stats for 2019 tell us.
19. Referrals are still the primary way people discover new jobs.
Referrals remain the main way we discover new jobs. LinkedIn points out that recruiting companies’ internal networks can expand their talent pool tenfold. They also add that 35% of employees refer in order to help a friend, 32% do it to help their company, 26% do it in order to be seen as a valuable peer, and 6% do it for monetary reasons.
20. Entry-level employees earn $45,381 on average.
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When it comes to salaries, hiring trends point that just 20% of companies are paying $50,000 or more for entry-level positions. College seniors surveyed in 2017 expected to be paid $53,483, on average. During the same year, 96% of college seniors had student loans, and 68% of them were confident they would be able to start paying them off with their first salary.
21. Millennials are more likely to stay with the same company for five or years than to leave within the first two years
New jobs statistics point to a surprising trend:
Millennials appear to be loyal to the companies they start with. In just a year from now, 50% of the American workforce will consist of millennials.
22. More than a third of the US workforce are “gig workers.”
Alternative work options are becoming more and more popular in the US and across the globe. It is estimated that more than 56 million Americans are doing freelance work, which avoids the traditional hiring process.
Social Media Recruiting Statistics
23. 79% of those looking for work use social media as a tool.
In the era of social media, it would be a shame not to utilize these platforms as a job searching method. The majority of those looking for work say social media and professional networks are the most valuable tools. What’s more, they try to avoid job boards, recruiting agencies, and other traditional methods of job seeking.
24. 67% of job applicants are on Facebook.
Here’s one of the most controversial hiring facts:
It has never been easier for employers to gain insight into their prospective employees’ lives, invading their privacy. Weeding out the bad ones can be done by scrolling through their Facebook (67% of candidates use Facebook) or Twitter (35% of candidates use Twitter) feeds.
25. 84% of US companies use social media for recruiting.
With 84% of companies in the US using social media for new hires and 9% of companies planning to start doing so, it is more than obvious that the age of traditional recruitment is over. Mobile recruiting statistics emphasize that a third of US companies have accounted for the fact that the majority of social media users are using smartphones and optimized their social media presence for mobile recruitment.
26. 82% of companies list attracting passive job candidates as the top reason for using social media.
Getting those who aren’t actively looking for a new job interested in the position they’re advertising is listed as the top reason for using social media by the vast majority of hiring managers. These candidates are the Holy Grail for recruiters, as they come with experience.
27. 73% of millennials found their last job through social media
Recruiting industry statistics show that the majority of those aged 18-34 have found their last position using a social media platform, whether it’s a professional one such as LinedIn or a more casual one like Facebook.
28. By 2020, social media marketing will be the most sought after HR skill.
HR is just another item on the long list of fields that are being taken over by social media. This argument is best supported by the prediction that SMM will be the most in-demand HR skill next year. Other skills that those working in this field will be expected to have are Data Analysis and Predictive Modeling, HR statistics and trends indicate.
29. More than 75% of people who recently changed jobs used LinkedIn.
Three-quarters of those who recently switched jobs used LinkedIn to ensure they’re making the right move. Even though it has just 250 million active users, which is a drop in the ocean compared to some social media giants, LinkedIn manages to maintain its status as the top business network.
30. 87% of recruiters use LinkedIn to check candidates.
LinkedIn hiring statistics list this number, which should serve as a warning to job applicants:
LinkedIn is also a tool used by recruiters and hiring managers. Before applying for a job, make sure your online presence is G-rated, as some recruiters like to check applicants’ Twitter, Facebook, and other social media.
Here are the most common pitfalls:
Millions of people apply for jobs with a fake reference listed on their resume. An immense number of people check their phones during a job interview.
All of these are mistakes that can ruin your chances of getting the job. The hiring stats listed above serve the purpose to educate and share some of the common practices in the hiring industry. What’s more, they help avoid those mistakes, putting the odds in your favor.
Happy job hunting!