22 Statistics About The Importance of High-Volume Hiring
In today's fast-paced job market, high-volume hiring has become a critical process for organizations across various industries. Whether it's retail, hospitality, healthcare, customer service, or technology, companies frequently need to fill numerous positions quickly and efficiently.
However, successfully managing high-volume hiring has its challenges. To shed light on this crucial aspect of talent acquisition, we have compiled a comprehensive list of 22 statistics that highlight the trends, insights, and best practices related to high-volume hiring.
High-volume hiring in today’s job market
65% of businesses have high-volume recruiting requirements
73% of large organizations engage in high-volume hiring
Only 45% of organizations think their existing high-volume hiring strategy is effective
94% of recruiters and hiring managers think leveraging high-volume recruiting software will aid in their hiring efforts
41% of recruiters are struggling to fill entry-level positions
Common challenges
On average, it takes 36 days to fill a role while candidates are only on the market for an average of 10 days
The average recruiter spends 30 to 40 hours of their week on administrative work instead of connecting with candidates
47% of recruiters identify finding quality candidates as a common roadblock
45% of job seekers are job searching daily and 89% of them believe a mobile device is critical in searching
60% of applications are abandoned when filled out on a mobile phone
45% of recruiters don’t have software that provides managers with real-time feedback on candidates
The impact of mobile devices on high-volume hiring
SMS has an open rate of 98% compared to 20% for emails
On average, Millennials open around 97% of the text messages they receive
78% of candidates who own a mobile phone would apply for a new job through their mobile device
67% of job applications were completed on mobile devices in 2021
72% of professionals visit career sites on a mobile device
21% of passive job seekers apply for a position on their cell phones
Just 20% of companies have optimized their career site for mobile
How AI-powered technology can help
42% of companies want to invest in tools to accelerate hiring
86% of recruiters say AI speeds up the hiring process
AI recruitment can reduce cost-per-hire by up to 30%
42% of recruiters believe that AI will allow them to be more strategic in their work
References
Kasey is a content marketing writer, focused on highlighting the importance of positive experiences. She's passionate about SEO strategy, collaboration, and data analytics. In her free time, she enjoys camping, cooking, exercising, and spending time with her loved ones — including her dog, Rocky.
Get the latest applied AI insights delivered to your inbox.
Sign up to stay up-to-date on the latest original content from Phenom, including new podcast episodes, events, and more.
