55 Recruitment Statistics About Navigating the Future of Hiring

Hiring the right people is not just about filling a position; it's about shaping your company's future. 

To find someone who aligns with your company’s culture and values, the process goes beyond matching skills to a job description

There have been many transformations in recruitment recently, and more are yet to come. Your recruitment approach should evolve in step with the changes. With a global talent pool and advanced recruiting automation software, you can do so much to find people who are the best fit for your company. 

The statistics below highlight recruitment trends. Let them guide your approach toward hiring top talent. 

Top recruitment trends and statistics

The use of social media for hiring is standard nowadays. Employers even hire people from Instagram! The statistics below discuss how employers perceive hiring and what can make the process more effective.

• According to 62% of companies and 86% of recruiting managers, the current job market is driven entirely by candidates.
• 45% of job seekers use their cell phones at least once every day to hunt for jobs.
• Almost 90% of working professionals consider cell phones an essential device for their job searches. 
• 16% of all the job applications are submitted through portable devices like laptops, phones, and tablets .
• 84% of employers use social media like LinkedIn and Instagram for recruiting.
• Companies report a 20% cost reduction using artificial intelligence (AI) in hiring procedures.
• Around 14% of recruiters have successfully hired candidates through Instagram.

• Online job boards account for 60% of job applications, followed by social networks and word of mouth with 56% and 50%, respectively.
• As low as 11% of hiring companies use artificial intelligence (AI) to identify a hard-to-reach pool of candidates. 
• By 2025, millennials will constitute 75% of the workforce globally.
• 25% of millennials are active job hoppers.
• Structured interviews account for 75% of all the interview techniques human resources (HR) professionals use. 

The candidates' take on company culture

Modern candidates consider work culture seriously before joining a company. Some businesses use the appeal of company culture to attract and hire top talents. Employees tend to look for a new job if their current working environment becomes toxic. 

These statistics will help you develop a clear perspective on work culture and its importance in hiring best talents for the team. 

• Around 45% of job seekers consider company culture an essential factor before applying.
• 25% of US staff claim to have switched jobs because of poor work culture.
• Over 65% of US professionals discourage poor company culture and would think about changing jobs if conditions became untenable. 
• Employees who are satisfied with their company culture are almost 12% more productive than ones who aren’t. 

• Brands with a strong impression attract 50% more qualified applicants.
• Barely one-third of US workers say they receive credit for the work they deliver. 
• Almost 15% of job applicants say they will reject a job offer because of a toxic work culture. 
• Due to a lack of transparency and trust between colleagues, people are 26% more likely to leave their jobs.
• 86% of the employees globally agreed that rigidity in the work culture leads to stress. 

Importance of onboarding in a recruitment process

Onboarding plays a key role in employee retention and productivity. Communication and engagement in the pre-onboarding process help to improve this experience for new hires. The stats below justify ad a perspective about what employers and employees prefer in the onboarding journey. 

• Smooth onboarding improves new hire retention by 82%. 
• Productivity jumps by 70% with a good onboarding process.
• The onboarding experience can be improved up to 83% by investing in communication and engagement during the pre-boarding procedure. 
• 88% of the companies lack a useful onboarding process.

• 77% of workers say they’ve accepted a job without visiting the physical office. 
• Employee referrals have the highest return on investment (ROI). They make up just 7% of applications, but account for 40% of all successful new hires.
• 58% of companies focus on paperwork-based onboarding procedures.
• Fewer than 30% of new workers feel ready to excel in their role post-onboarding.
• About 28% of job seekers admit to abruptly ending communication with an employer at some point during the hiring process.
• 57% of new hires prefer having a buddy or mentor. 
• Companies that provide formal onboarding training are estimated to have 50% retention rates.
• Automated onboarding tasks result in a 16% boost in new employee retention rates.

Trends in recruitment for remote and hybrid roles

Since COVID-19, employers and employees have become more open to remote and hybrid roles. Many of them experienced a lift in workplace happiness working remotely. 

Many employees expect to have the flexibility to work from home whether their offices are open for business or not. These statistics show why employees are more inclined toward remote or hybrid work.

• 86% of professionals prefer remote work at least part time. 
• 61% of the recruiters expect virtual interviews to take over as the norm.

• Online or video recruitment has become the number one method of hiring.
• More than 95% of working professionals claim to maintain their productivity, if not increase it, by working remotely.
• 51% of workers claim to have seen increased productivity with remote jobs.
• Remote employees reported a workforce happiness index score of 75/100, while onsite workers reported only 71.
• 70% of businesses plan to adopt the hybrid model of work, with over 65% of companies globally redesigning their workspace to accommodate their staff..
• By 2025, almost 22% of the workforce in the US will work remotely.

The importance of diversity in recruitment

The importance of diversity is growing in modern workspaces. It not only affects recruitment approaches, but plays a key role in other areas like competing in the market and profitability. The statistics below discuss the need for diversity and how it connects with other business aspects.

• Companies with a diverse executive team are 33% more likely to see better-than-average profits than those who don’t.
• The average pay gap gender-wise is around 17% in the US. 
• Racially diverse organizations are inclined to perform better than their racially homogenous competitors by as much as 35%. 
• Brands with broader diversity have a 70% better chance of capturing more significant market shares.
• Around 57% of employees think their company should put more effort into becoming more diverse. 

• 35% of HR managers say their top five priorities while recruiting in 2023 included diversity, equity, and inclusion. 
• Women’s chances of getting hired increase by 46% in the case of blind recruitment.
• Companies that post about diversity on LinkedIn receive 26% more applications from women than those that post less. 

Let your strategy evolve

With shifts in candidates’ needs, allow your approach to follow suit. Think about culture and diversity and how you can market your focus on these invaluable aspects of your business. 

Remember, you're not just hiring employees, but building a team that will drive your company forward. Make adjustments in your recruitment strategies to keep up with the market and you’ll attract, hire, and retain top talent. 

Learn more about recruitment marketing strategies and hire a top-tier workforce.