Here are a few top recruitment statistics that companies may want to consider as they plan for 2023:
There is a growing demand for diverse and inclusive workplaces. In a survey of over 12,000 job seekers, 75% of respondents said that they prefer to work for companies that are diverse and inclusive.
The use of technology in recruitment is increasing. Many companies are using tools such as applicant tracking systems (ATS), artificial intelligence (AI), and chatbots to streamline the recruitment process.
Candidates are more likely to apply for jobs that have a clear salary range listed. In a survey of over 2,000 job seekers, 82% of respondents said that they are more likely to apply for a job if the salary range is listed.
Candidate experience is important. In a survey of over 6,000 job seekers, 79% of respondents said that the job application process is an important factor in their decision to accept or reject a job offer.
Video interviews are becoming more common. Many companies are using video conferencing tools to conduct job interviews, particularly in the current COVID-19 pandemic.
Remote work is on the rise. The COVID-19 pandemic has led to a significant increase in remote work, and it is likely that this trend will continue in the future.
Employee retention is a top priority. In a survey of over 1,000 HR professionals, 84% said that employee retention is a key concern for their organization.
What are the Talent acquisition metrics that’ll matter in 2023
There are a few talent acquisition metrics that are likely to matter in 2023:
Time-to-hire: This metric measures the amount of time it takes to fill a position from the time the job is posted to the time an offer is accepted. A shorter time-to-hire can indicate a more efficient and effective recruitment process.
Cost-per-hire: This metric measures the total cost of recruiting, hiring, and onboarding a new employee. A lower cost-per-hire can indicate that a company is using cost-effective recruitment strategies.
Candidate experience: This metric measures the overall quality of the candidate experience during the recruitment process. A positive candidate experience can lead to higher employee retention and a stronger employer brand.
Quality-of-hire: This metric measures the overall performance and fit of a new hire. A high quality-of-hire can indicate that a company is effectively identifying and selecting top talent.
Retention rate: This metric measures the percentage of employees who remain with a company over a given period of time. A high retention rate can indicate a positive company culture and employee satisfaction.
Employee referral rate: This metric measures the percentage of new hires that are referred by current employees. A high employee referral rate can indicate a positive company culture and a strong employer brand.
Diversity and inclusion metrics: This could include metrics such as the percentage of diverse candidates in the applicant pool, the percentage of diverse hires, and the representation of diverse employees at different levels within the organization.