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Recruitment

21+ recruitment statistics (with sources) to help you hire better

June 21, 2023

,

by

Duncan Elder

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Recruitment

Statistics

The recruitment industry has faced several challenges recently, such as the move to remote work, which brought about a completely new set of benefits and expectations, the great resignation, which see companies struggle to fill roles due, and the new values of the incoming Gen Z workforce. Understand the industry better with these recruitment statistics.

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Recruitment

Statistics

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Retention/turnover was the top workforce management challenge cited by 47% of HR professionals, followed by recruitment (36%).

SHRM/Globoforce: Using Recognition and Other Workplace Efforts to Engage Employees

54% of businesses state that their organisation can recruit the skilled individuals they need.

City and Guilds: Annual Skills Index 2021

Learning and development

68% of HR professionals said their retention program positively affects retention and 58% said it positively affects recruitment

SHRM/Globoforce: Using Recognition and Other Workplace Efforts to Engage Employees

40% of female employees reported that their gender hurt their chances of getting hired or landing senior roles in tech.

First Round: State of Startups 2019

46% of top performing companies plan to fill talent gaps through hiring.

McKinsey: 2021 The New Digital Edge: Rethinking Strategy for the Post Pandemic Era

Digital adoption

More than 75% of unhappy employees are looking to leave their current role

Development Academy: What Makes Employees Happy?

Employee engagement

1 in 10 employees said cash or equity compensation was a primary reason they joined their company

First Round: State of Startups 2019

Ability to make an impact is the no. 1 reason employees joined a company, with 55% of respondents choosing this answer.

First Round: State of Startups 2019

76% of graduates and students list email as their preferred medium of correspondence with recruiters.

WayUp: 2022 Candidate Survey Results & Predictions

66% of respondents shared that they’re more likely to apply to a job after attending a virtual recruitment event held by an organization.

WayUp: 2022 Candidate Survey Results & Predictions

The majority of students and recent graduates plan to begin their job search in the fall (38%).

WayUp: 2022 Candidate Survey Results & Predictions

Respondents (students and recent graduates) weigh work-life balance as the most important factor in their job search.

WayUp: 2022 Candidate Survey Results & Predictions

54% of respondents say virtual interview processes had no impact on their job search, 37% say the switch had a positive impact.

WayUp: 2022 Candidate Survey Results & Predictions

The most common rationales for a job hunt are, in order, greater pay/more hours (47%), better career opportunities (27%), a flexible working arrangement (21%).

McKinsey: American Opportunity Survey 2022

94% of respondents like to know when and why they’re not qualified for a job.

WayUp: 2022 Candidate Survey Results & Predictions

35% of Gen Z and 32% of Millennials would leave a job without having another one lined up.

Deloitte: Global 2022 Gen Z and Millennial Survey

58% of workers would “absolutely” look for a new job if they cannot continue remote work in their current role.

Flexjobs: 2021 Super Survey

Good work life balance is the number reason Gen Z and Millennials chose to work at their current job, followed by learning and development opportunities, then salary.

Deloitte: Global 2022 Gen Z and Millennial Survey

40% of Gen Z and 24% of Millenials would like to leave their job within two years.

Deloitte: Global 2022 Gen Z and Millennial Survey

Survey respondents said they’d be willing to forego 23% of future lifetime earnings to have a job that was always meaningful

BetterUp: Meaning and Purpose at Work Report

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