NEWS

10 Hiring Facts

At Staffing it is interesting to read some of the interesting stats from the temping industry. Whether you are a recruitment agency, employer or candidate you will be surprised and facinated with the following recruiting facts (Updated April 2019):

• It was reported of the 16,000 new hires 54% of them failed within 19 months and of these, 85% left because their attitudes did not align to that of the organisation. Only 13% failed because of a lack of skills.
• 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 79% of available jobs never advertised you should never stop career networking.
• The average cost of replacing a member of staff earning is $5,000 and $11,000.
• Many businesses use talent-management software to screen resumes that look at keywords to screen out up to 72% of applicants without ever looking at a resume or cover letter
• On average there will be between 59 and 97 applicants for advertised jobs. Generally between 6% and 8% of these applicants get an interview.
• On average new candidates take between 24 and 26 weeks to reach optimum productivity.
• Companies on average look for the consider the following traits before making an offer: 28% look for multitasking skills; 31% look for initiative; 19% look for creative thinking; and 11% look for something else in the candidate.
• companies report that 1 in 18 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.
• It is interesting to note that only 6% of unsuccessful candidates were given feedback that was moderately useful from hirers. Only 2% of candidates received valuable feedback.
• Other than the date, name of the contact and location, only 37% of candidates receive any information prior to an interview.

Sources :

• The New York Times
• The Australian Financial Review
• Recruitment & Employment Confederation
• RCSA
• IBIS World

Here at 5 we are always seeking to improve our recruitment and temp staffing agency service delivery to Operations and candidates alike. We invest heavily in being at the forefront of the recruitment and temp staffing agency industry in 2, and keeping track of the latest online industry news. Although we can't guarantee we can secure you the perfect role we hope the the industry facts and articles were of benefit in your search for the perfect 1 or role. At 5 you are one click away from a hiring solution or maybe your dream job. Whether you are an employer or job seeker our experienced 2 team can help you. Why not Register For Work or contact us today to discover more about our temp agencies staff, staffing, qld, 4338, brisbane temporary agencies or brisbane temp agencies solutions.

For more Temp Agencies Staff Career Advice see below additional resources to find the perfect job:

• Questions You Need To Ask Before Accepting A Job
• Employment & Recruitment Industry Facts
• Hiring Facts
• Recruiting Facts
• 5 Reasons For Leaving
• Checklist To Get A Job