WEDNESDAY WORKFACT: HR Stats, Facts and Trends

According to statistics from Bersin, KPMG, Edelman, Gallup, Glassdoor, BambooHR and other HR research reports:

  • $4,000 is the average amount U.S. companies spend to fill an open position. (Talent Acquisition Factbook, Bersin by Deloitte)
  • It takes an average of 52 days to fill an open position, up from 48 days in 2011. (Talent Acquisition Factbook, Bersin by Deloitte)
  • 51% of employees are considering a new job. (Workforce Panel, Gallup)
  • The top two obstacles to increasing headcount are a shortage of candidates (31%) and lengthy hiring practices (27%). (Recruiter Sentiment Study, 2nd Half, MRI Network)
  • 90% of recruiters say the market is candidate-driven, up from 54% in the second half of 2011. (Recruiter Sentiment Study, 2nd Half, MRI Network)
  • Companies that invest in strong candidate experiences improve the overall quality of new hires by 70% (Glassdoor)
  • Top 5 biggest considerations job seekers take into account before accepting a job offer: Salary and compensation, Career growth opportunities, Work-life balance, Location/commute, Company culture and values. (Glassdoor)
  • 78% of sales professionals said they would accept less money to work at a company selling something compelling. (Glassdoor)
  • 66% of healthcare professionals are likely to accept less money to work at a company with a great culture. (Glassdoor)
  • 78% of software engineers say the top reason they would leave their job is salary and compensation. (Glassdoor)
  • More than half (52%) of hiring decision makers say passive candidate sourcing has been less effective for their company. (Harris Poll for Glassdoor)
  • More than two-thirds (67%) of employers believe retention rates would be higher if candidates had a clearer picture of what to expect about working at the company before taking the job. (Harris Interactive Survey for Glassdoor)
  • 83% of potential recruits stated that a negative interview experience could change their mind regarding a specific role or company they previously liked, and 87% stated that a positive experience changed their mind about a company they previously disliked. (LinkedIn)
  • 89 percent of American employees would consider a lateral career move with no financial incentive.
  • 60% of job seekers gave up on filling out an application as a result of its complexity or length (SHRM)
  • 83% of employers believe that attracting and retaining talent is a challenge that continues to grow (HR Dive)
  • 72% of hiring managers have stated that they provide clear job descriptions, but only 36% of candidates stated the same. (HR Dive)