recruitment stats

50 Recruitment Statistics You Shouldn’t Ignore in 2024

In this blog, we’ve utilized the power of the internet to bring you 50 crucial recruitment statistics you shouldn’t ignore in 2024. We’ve categorized these statistics into several categories, including general recruitment statistics, candidate experience recruitment statistics, social media recruiting statistics, ATS recruitment statistics, diversity and inclusion recruitment statistics, remote work recruitment statistics, AI in recruiting recruitment statistics, staffing agency recruitment statistics, and additional recruitment statistics.

General Recruiting Statistics –

  1. The average time to fill a position is 42 days. (Source: Glassdoor)
  2. 73% of job seekers find the job hunting process stressful. (Source: CareerBuilder)
  3. 87% of recruiting professionals say talent acquisition has become a more strategic function over the past year. (Source: LinkedIn)
  4. 97% of employers value soft skills as much as or more than hard skills. (Source: SHRM)
  5. The average cost per hire is approximately $4,700. (Source: Bersin by Deloitte)
  6. Only 29% of candidates apply for jobs within the first week of posting. (Source: Indeed)
  7. Over 70% of employers use social media to recruit talent. (Source: Social Media Today)
  8. 90% of recruiters believe that improving the candidate experience is essential. (Source: Glassdoor)
  9. The average job posting receives 250 resumes. (Source: ZipRecruiter)
  10. The average job seeker applies to 10-15 jobs per month. (Source: CareerBuilder)

Candidate Experience Recruiting Statistics –

  1. 73% of candidates believe that the job application process is too long and complicated. (Source: Glassdoor)
  2. 83% of candidates prefer having a clear timeline of the hiring process. (Source: LinkedIn)
  3. 68% of candidates want to receive feedback on their applications, even if they are not selected. (Source: CareerBuilder)
  4. 77% of candidates want to hear good news by phone. (Source: Glassdoor)
  5. 94% of candidates want to hear interview feedback, even if they are not selected. (Source: LinkedIn)
  6. 73% of candidates use social media to research companies. (Source: Social Media Today)

Social Media Recruiting Statistics –

  1. Over 70% of employers use social media to recruit talent. (Source: Social Media Today)
  2. 98% of recruitment, talent acquisition, and employer branding teams used social media in 2023. (Source: LinkedIn)
  3. 73% of millennials found their current roles through social media. (Source: Glassdoor)
  4. 90% encourage their employees to engage with their social recruiting content. (Source: LinkedIn)
  5. 58% of recruitment teams create their images and videos themselves. (Source: Social Media Today)
  6. 68% of millennials visit the social media pages of a company to evaluate the employer’s brand. (Source: Glassdoor)

ATS Recruiting Statistics –

  1. Over 70% of the employers that use ATS say it makes finding candidates easier. (Source: Bersin by Deloitte)
  2. The average ATS implementation takes 6-8 weeks. (Source: SHRM)
  3. The average cost of an ATS is $4,000 per user per year. (Source: Gartner)
  4. 80% of recruiters believe that ATS is essential for effective talent acquisition. (Source: LinkedIn)

Diversity and Inclusion Recruiting Statistics –

  1. 76% of candidates believe that diversity is an important factor to consider when evaluating a company. (Source: Glassdoor)
  2. 84% of recruiters believe that culture fit is an important factor when hiring. (Source: SHRM)
  3. 66% of recruiters say that diversity and inclusion initiatives have improved their company’s reputation. (Source: LinkedIn)
  4. 73% of recruiters believe that diversity and inclusion programs are important for attracting top talent. (Source: Glassdoor)

Remote Work Recruiting Statistics –

  1. 12% of full-time workers are fully remote. (Source: Upwork)
  2. 29.4% of workers work on a hybrid schedule. (Source: FlexJobs)
  3. 73% of workers turned to freelance work in 2023. (Source: Upwork)
  4. 44% of recruiters are prioritizing remote work options. (Source: LinkedIn)
  5. 69% of new hires will stay for 3 years after a positive onboarding experience. (Source: SHRM)

AI in Recruiting Recruiting Statistics –

  1. 57% of recruiters believe that AI will have a significant impact on the future of recruiting. (Source: LinkedIn)
  2. 42% of recruiters are already using AI in their recruitment processes. (Source: Glassdoor)
  3. AI can reduce the time to fill by up to 50%. (Source: SHRM)
  4. AI can improve the quality of hire by up to 25%. (Source: Gartner)
  5. AI can reduce the cost of hiring by up to 30%. (Source: Bersin by Deloitte)You can also read our blog on Top AI recruiting tools and software

Staffing Agency Recruiting Statistics –

  1. The average staffing agency has 10-20 employees. (Source: SHRM)
  2. The average staffing agency places 50-100 candidates per month. (Source: Staffing Industry Analysts)
  3. The average staffing agency has a profit margin of 10-15%. (Source: SHRM)
  4. 70% of staffing agencies use social media to recruit talent. (Source: Social Media Today)
  5. 50% of staffing agencies use AI-powered tools. (Source: LinkedIn)

Additional Recruiting Statistics –

  1. The average length of a job interview is 45 minutes. (Source: Glassdoor)
  2. The average job seeker applies to 10-15 jobs per month. (Source: CareerBuilder)
  3. The average recruiter spends 10-15 hours per week sourcing candidates. (Source: LinkedIn)
  4. The average salary for a recruiter is $50,000 per year. (Source: Glassdoor)
  5. The average cost of a bad hire is 30% of the employee’s first-year salary. (Source: SHRM)

Recruitment is not a dynamic niche it is continually changing due to technological advancements, changing demographics, and change worker dynamics. To fully excel, keep up with the newest recruitment data. Now that you’ve gathered all of the necessary recruiting stats, apply these insights to your recruiting process, and prepare to make a huge impression in the recruiting market in 2024.

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