Fun with Data

August 12, 2016

Every year, Glassdoor releases annual recruiting statistics. Most of them aren’t surprising. But it’s sort of fun to take in all the data and let it form or reinforce that picture we have in our heads of what the climate has been for jobs and recruiting the past year.

The big stat for us was the perception that we’re in a candidate-driven market now. We believe that too, but 90% of our colleagues share this belief? That’s a pretty strong indicator, and something to pay attention to if you’re on the hunt for something new. Here are nine other stats from the study that we found very revealing.

$4,000 is the average amount U.S. companies spend to fill an open position.
It takes an average of 52 days to fill an open position, up from 48 days in 2011.
90% of recruiters say the market is candidate-driven in 2015, up from 54% in the second half of 2011.
The top two obstacles to increasing headcount are:
1 | shortage of candidates (31%)
2 | lengthy hiring practices (27%) Days 52
5. 47% of small businesses report there are few or no qualified applicants for the positions
they are trying to fill.
6. 51% of employees are considering a new job.
7. One in three employers are concerned voluntary exits will increase.
8. 52% of hiring decision makers say passive candidate sourcing has been less effective for
their company.
9. 67% of employers believe retention rates would be higher if candidates had a clearer
picture of what to expect about working at the company before taking the job.

What we especially like about these stats is how they illuminate the gap between employer and employee in terms of how they understand and relate to each other and how much the disconnect costs both parties. At Swoon our goal is to minimize this gap as much as possible.

About NextGen

NextGen is the brainchild of longtime telecom professionals with nearly 50 years of experience and millions of dollars in Telecom Recruiting Services. We focus on establishing long term relationships with our clients and candidates so we can recruit the best and the brightest in the telecom industry. This ‘quality over quantity’ approach is at the heart of everything we do and has resulted in successful job placements at Fortune 1000 firms worldwide.

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