9 Employment Facts

At Staffing it is interesting to read some of the interesting stats from the recruitment industry. Whether you are a recruitment company, employer or candidate you will be surprised and facinated with the following hiring facts (Updated May 2021):

• The average cost of replacing a member of staff earning is $6,000 and $10,000.
• Organisations spend on average 6 and 7 seconds reviewing resumes, 1 grammar or spelling mistake and your CV will be thrown away. 71% of CVs are ignored if your email address is unprofessional.
• Many enterprises use talent-management software to screen resumes that look at keywords to screen out up to 77% of applicants without ever looking at a resume or cover letter
• On average there will be between 59 and 90 applicants for advertised jobs. Generally between 4% and 11% of these applicants get an interview.
• Just as the number of job opening can increase it often will decrease at an even faster rate if an economy is slowing down. Nothing is constant so the highest salaries are secured when unemployment rates are lowest. Rememnber however lock in your job and salary at the peak as you may be looking for work when the cycle dips. With approximately 83% of available jobs never advertised you should never stop career networking.
• companies report that 1 in 22 job offers (around 5%) are rejected by their first choice of candidate. Usually because they have received another offer, however often for many other reasons.
• Other than the date, name of the contact and location, only 40% of candidates receive any information prior to an interview.
• Companies on average look for the consider the following traits before making an offer: 34% look for multitasking skills; 29% look for initiative; 19% look for creative thinking; and 14% look for something else in the candidate.
• companies report that 1 in 22 job offers (around 5%) are rejected by their first choice of candidate. Usually because they have received another offer, however often for many other reasons.
• On average new candidates take between 24 and 29 weeks to reach optimum productivity.

Sources :

• Hiring for Attitude by Mark Murph
• IBIS World
• RCSA
• American Staffing Association
• The Financial Review

We hope this article was of interest and that it can assist you in your career, whether it be Accounts Payable Admin, Accounts Payable Administrator or Bookkeeping Admin. At Staffing we have compiled a range of articles and online resources to help you find that perfect job! If you are seeking a new job, why not start by click on the Register for Work button, upload your resume and we will match you against our jobs database of up to 155,000 roles in Australia. If you are an operation seeking employment services then call Staffing or click on the Get A Quote button to source some fantastic candidates, including many with Accounts Payable Admin or Accounts Payable Administrator experience. We look forward to continuing to improving our expertise, talent matching capability and recruitment systems no matter what recruiting service you are seeking from one of the top 8 employment agency in Australia. With a wide range of employment services we look forward to assisting you, whether you were referred to us or searched for our au accounts payable/receivable executive recruiting, australia, staffing, staffing or accounts payable supervisor accounting recruitment online.

For more Accounts Payable Administrator Career Advice see below additional resources to find the perfect job:

• Top Reasons For Quitting Your Position
• Checklist To Get A Job
• 5 Questions You Should Ask Your Prospective New Boss
• Job Hunting Guide
• 6 Questions You Should Ask Your Prospective New Boss
• How To Create An Amazing Resume