87% of recruiters use LinkedIn, but only 55% use Facebook. 67% of people who found their most recent job on social media used Facebook to do so. “ Half of job seekers have searched for a new job while in bed, while 37% reportedly job search from their current workplace”. 51% of employers are satisfied but would consider a job move. 74% of the workforce are open to making a job move. Interviews (47%) and online research (36%) are most important in forming opinion of a prospective job. (Source: Future Workplace & CareerArc study via )ġ9. Of those 60% who had a poor candidate experience, 72% shared information on it “online on an employer review site, such as Glassdoor, on a social networking site, or directly with a colleague or friend”. (Source: Future Workplace & CareerArc study via )ġ8. Almost 60% of job seekers report having a poor candidate experience. 80% of people would take one job over another based on personal relationships formed during the interview process. 64% of companies only measure employee engagement once a year. Tech/software recruiters are least concerned with automation of HR, with only 9% of them fearing job obsolescence. 21% of businesses use it for leave requests, with a further 8% and 13% employing it for time scheduling and recruiting & candidate management respectively. Mobile technology is used for coaching and performance management by 7% and 10% of companiesrespectively. “Fewer than 20% of companies deploy their HR and employee productivity solutions on mobile apps today”. HR cloud solutions will constitute 50% or more of all HR technology spending by 2017. Spending on cloud HR software is increasing faster than “spending on installed or on-premises HR software”. 72% of organizations believe digital HR is an important priority and 32% claims it is very important. 38% of companies are thinking about digital HR, and only 9% of them believes they are fully ready for it. Finding suitable candidates (46%), compensation (43%) and competition (39%) constitute the three biggest obstacles to hiring. Salary is negotiated more than ever by recruiters – 68% of businesses “have increased the average salary offer for candidates in the last year”. (Source: 2016 Human Capital Benchmarking Report, Society for Human Resources Management)Ĩ. Average target bonus was 4.7% for non-executives and 10.2% for executives respectively. Average annual salary increase reached 2.7% per year. This comes as no surprise given how difficult it now is to recruit due to low unemployment and high demand for talent, especially in tech. On average, they see a 7.6% increase in pay “ year over year in November to $50,105 per year”. Recruiters are currently experiencing one of the fastest pay growth in the U.S in comparison to other positions. Companies prioritize talent engagement because “ it creates a pipeline of high-quality talent” (72%). In 2016, 58% of small businesses reported “hiring or trying to hire” and 52% reported scarcity or lack of qualified applicants for their open positions. 75% of hiring and talent managers use either applicant tracking or recruiting software to improve their hiring process. ![]() It is becoming increasingly difficult to fill positions – 65% of recruiters claim talent shortage is the biggest challenge in hiring. 86% of recruiters and 62% of employers felt the 2016 labor market was candidate-driven. 50 recruitment statistics HR pros must know in 2017ġ. Luckily, access to data regarding recruitment is now easier than ever, and although HR in tech is becoming more and more difficult due to the scarcity of talent, it’s now become easier to educate yourself about what it takes to find a good employee. The industry is moving forward and so should you. As a consequence, demand for top tech talent is higher than before and recruiters are the ones who feel the pressure more than anyone else. Increasing numbers of companies are now employing for tech jobs – even those representing the “ more traditional, old economy industries like healthcare, finance and even retail”. ![]() In the last few years, tech recruitment landscape has been changing rapidly and keeping up is not easy. In order to save you time, we’ve compiled a list of top 50 recruitment statistics HR pros must know in 2017, based on research by The Bureau of Labor Statistics, Harvard Business Review, LinkedIn, Glassdoor, Deloitte, MRINetwork, Jobvite, Capterra, Edelman Trust Barometer, NFIB, Future Workplace, Career Arc, PayScale, and Society for Human Resources Management. However, learning takes time and it’s no secret that recruiters are busy people. With a new year typically comes a desire to improve ourselves at what we do, and HR is no exception.
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