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NEWS

8 Employment Facts

At Staffing it is interesting to read some of the interesting stats from the recruitment industry. Whether you are a recruitment agency, employer or candidate you will be surprised and facinated with the following employment facts (Updated December 2018):

  • It was reported of the 25,000 new hires 56% of them failed within 16 months and of these, 89% left because their attitudes did not align to that of the organisation. Only 12% failed because of a lack of skills.
  • The average cost of replacing a member of staff earning is $5,000 and $9,000.
  • Many operations use talent-management software to screen resumes that look at keywords to screen out up to 75% of applicants without ever looking at a resume or cover letter
  • 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 80% of available jobs never advertised you should never stop career networking.
  • On average there will be between 65 and 103 applicants for advertised jobs. Generally between 3% and 8% of these applicants get an interview.
  • On average new talent take between 23 and 29 weeks to reach optimum productivity.
  • Companies on average look for the consider the following traits before making an offer: 29% look for multitasking skills; 29% look for initiative; 19% look for creative thinking; and 12% look for something else in the candidate.
  • Other than the date, name of the contact and location, only 41% of candidates receive any information prior to an interview.
  • companies report that 1 in 20 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.
  • It is interesting to note that only 7% of unsuccessful candidates were given feedback that was moderately useful from hirers. Only 4% of candidates received valuable feedback.

Sources :


Hopefuly you enjoyed reading 5's news article. We understand that the search for the perfect 3 role is challenging and a leading Recruitment And Temporary Staff Agency in 1 we look forward to continuing to provide you articles and facts on the latest industry trends. Whether you are seeking taxation accountant or taxation accountancy Staffing is only one click away from offering your a hiring solution or possibly your next dream job. Whether you register for work or contact 5 to source amazing 3 talent, experienced 1 team can help you. Why not Register For Work or contact us today to discover if we can match your profile with roles involving taxation accountancy recruitment, taxation accountant employment, taxation accountant vacancies, compliance accountant recruitment agency, taxation accountant job or compliance accountant recruit.

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