Kasey LynchJune 29, 2023

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 Lynch

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 talent experience insights delivered to your inbox.

Sign up to the Phenom email list for weekly updates!

Loading...

© 2024 Phenom People, Inc. All Rights Reserved.

  • TRUSTe
  • CSA logo
  • IAF
  • ISO
  • ISO
  • ISO
  • ISO
  • ANAB