Job seekers in 2017 have an optimistic hunt ahead of them. In the US, recruiters anticipate increasing their hiring volume by 58%. But what should recruiters do to attract and retain the best candidates? Where do you find top talent? What are top candidates looking for in an employer? How do you retain excellent employees? We’ve gathered 15 essential hiring statistics to elevate your hiring practices and make your recruiting process easy.
1. 42% of small businesses list hiring new employees as their biggest challenge.
2. It takes an average of 27 days to make a new hire.
3. 48% of women desire a CEO, Senior Management, or Leadership position.
4. 47% of millennials list diversity and inclusion as important factors in their job search.
5. 48% of quality hires come from employee referrals.
6. 60% of women and 48% of men rate work-life balance and personal well being as very important when considering whether to accept an offer.
7. 11% of job seekers say they would reject a job offer from a company with a poor reputation.
8. 79% of job seekers say they use social media in their search.
9. 40% of employers plan to hire full-time, permanent employees in 2017.
10. 47% of candidates reject job offers in favor of accepting another job offer.
11. 12% of small business owners list finding qualified workers as their top hiring issue.
Check out our guide on How to Hire Employees.
12. 58% of employers list competition for talent as the top recruiting challenge.
13. 30% of talent acquisition teams invest their budgets in job boards and advertising.
14. 65% of millennials hear about jobs from friends or online job boards.
15. The top 10% of qualified candidates are usually gone from the job market within 10 days.
Additional Hiring Statistics
Do you have any other hiring statistics that should be included on the list? Feel free to add them below in the comments.