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Numbers Don’t Lie: Hiring Methods Need to Change

Just the data.

The old ways are broken. You better bring your “A” game when recruiting.

  1. There are now more openings—6.6 million as of June 1—than there are unemployed people—6.1 million, according to the latest report from the U.S. Bureau of Labor Statistics.
  2. A recent survey showed 31% of workers have quit a job within the first SIX months.
  3. “The No. 1 reason candidates turn down a job offer is that the hiring company didn’t move quickly enough.” says Fox Business News.
  4. 77% of adults in the United States own a smartphone, while the numbers climb as high as 92% in the 18-29 age range, 30-49 age group is 88% and 74% of people aged 50-64 have one.
  5. 78% of Millennials used mobile devices to find jobs as of  2016, GenX was 73% and Baby Boomers 57%… just to find a job. All of these are increasing from previous years.
  6. 60% of American job searches originate on mobile devices. 80% in Korea/Taiwan/Japan. Numbers growing. So-called “blue collar” jobs have significantly higher ratios.
  7. For each application you have a 12% chance to get an interview.
  8. 43 days for the average hiring time. Varies widely depending on industry.
  9. Studies show that 60% of job seekers will leave a job application prior to completion due to complexity.
  10. A recent Talent Board study found that job applicants want more simplicity and transparency during the application process.
  11. 30% of all job seekers and 57% of more experienced job seekers will forgo filling out an application if it takes longer than 15 minutes to complete.
  12. Gone are the days when a simple phone call or text-based communication was enough. Nowadays, people want to feel the company of the people they are speaking to. Almost every major biz management tool has a video chat feature.

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