20+ Recruitment Statistics You Shouldn’t Ignore in 2025

by Aman

on 29th of August, 2024

Quick Summary

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 recruitment insights into several key areas to make them easier to explore. These include talent acquisition challenges, cost and duration of hiring, candidate experience trends, social media recruiting statistics, diversity and inclusion insights, onboarding impact, remote work trends, employer branding metrics, recruitment technology adoption, passive candidate behavior, job search habits, mobile recruiting data, employee referral effectiveness, recruitment metrics, recruitment challenges, staffing agency statistics, recruitment costs, AI in recruitment, candidate screening, and job offer acceptance trends.

1. Talent Acquisition Challenges

  • 90% of hiring managers find it difficult to source skilled candidates. (Source)
  • 52% of recruiters face challenges in hiring top choices before competitors. (Source)

2. Cost and Duration of Hiring

  • The average cost per hire is approximately $4,700. (Source)
  • It takes an average of 42 days to fill a new position. (Source)

3. Candidate Experience

  • 60% of job seekers abandon applications due to length or complexity. (Source)
  • 83% of candidates prefer a clear timeline of the hiring process. (Source)

4. Social Media Recruiting

  • 84% of organizations use social media for recruiting. (Source)
  • 73% of millennials found their current roles through social media. (Source)

5. Diversity and Inclusion

  • 76% of candidates consider diversity an important factor when evaluating companies. (Source)
  • 84% of recruiters believe culture fit is crucial in hiring. (Source)

6. Onboarding Impact

  • A positive onboarding experience leads to 69% of new hires staying for over three years. (Source)
  • Poor onboarding doubles the likelihood of new hires seeking other opportunities. (Source)

7. Remote Work Trends

  • 44% of recruiters are prioritizing remote work options. (Source)

8. Employer Branding

  • 86% of women and 67% of men would not apply to a company with a bad reputation. (Source)

9. Recruitment Technology

  • 70% of enterprise-size businesses use Applicant Tracking Systems (ATS) to screen CVs. (Source)
  • 43% of companies are using some form of AI to interview potential hires. (Source)

10. Passive Candidates

  • 73% of job seekers are passive candidates open to new opportunities. (Source)

11. Job Search Behavior

  • 50% of candidates apply for jobs through job sites. (Source)
  • An active job seeker spends about 20-25 hours a week searching for a new job. (Source)

12. Mobile Recruiting

  • 89% of job seekers use mobile devices for job search activities. (Source)
  • 45% of job seekers have applied for a job via a mobile device. (Source)

13. Employee Referrals

  • 82% of employers rate employee referrals above all other sources for generating the best return on investment. (Source)
  • 45% of employees sourced from referrals stay longer than four years. (Source)

14. Recruitment Metrics

  • 67% of UK employers are planning to recruit new staff in 2024. (Source)
  • The current skill shortage in the UK is costing businesses £6.6 billion per year. (Source)

15. Recruitment Challenges

  • 95% of UK businesses admit to making at least one bad hiring decision every year. (Source)
  • The average time to fill a vacancy in the UK is 42 days. (Source)

16. Recruitment Agencies

  • 59% of businesses hire recruitment agencies to help them secure good staff. (Source)

17. Recruitment Costs

  • The average cost of hiring an employee in the UK is £6,125. (Source)
  • A bad hire of a candidate at manager level will cost a business £132,000. (Source)

18. AI in Recruitment

  • 43% of companies are using some form of AI to interview potential hires. (Source)

19. Candidate Screening

  • 54% of companies have rejected a candidate based on their social media profiles. (Source)

20. Job Offer Acceptance

  • 30% of job seekers have declined a job offer due to a negative experience during the hiring process. (Source)