Top HR Statistics 2021 – HR Facts, Trends and Data
As an HR personnel, people depend on you to help them secure the best jobs, and trust your judgement when it comes to hiring talent, which means you always need to be up to date with relevant HR statistics.
Being in your line of work, it’s important, that you get accurate information on facts like the number of average applicants per job, length/time of recruitment process, and the current state of recruitment/hiring in the job market.
You also need to have answers to questions like, how many people will respond to your job AD, sit through your company’s job interview process, what candidates really want in a company, likewise, what employers want from candidates.
Knowing relevant HR statistics, will help you make more informed decisions as an HR personnel.
In this article, we will discuss various sectors like job search, talent sourcing, hiring/recruitment, and employee management, which influence HR statistics.
Job Search Statistics
You need to understand, that you and the company you hire for, are also under the same scrutiny you place candidates under.
The same way you assess candidates to know if they’re a right fit for your company, candidates also assess you to know if you are the best people to work with.
Here are some job search statistics to guide you on what candidates really want from your company.
Job Seekers’ Needs
- 79% of job seekers are likely to use social media to search for jobs – Glassdoor.
- Candidates searching for work, want employers to include information about:
- Compensation packages.
- Benefits packages.
- Basic company information
- What makes the company an attractive place to work.
- Company’s mission statement, vision, and values – Glassdoor.
- 87% of Millennial job seekers place career growth and developmental opportunities as important to them in job opportunities – Gallup.
- 80% of Millennial job seekers prioritize people and culture fit with employers, followed by career potential when searching for a job – Collegefeed
- 23% of Job Seekers who quit after being hired say they didn’t receive clearer descriptions about their roles and duties – BambooHR
Small Business HR Statistics
- 69% of job seekers will apply for a job if the employer manages its company brand well – Glassdoor.
- 90% of job seekers say it is essential to work for a company that embraces transparency – Glassdoor.
- Only 12% of new workers agree that their company does a great job of onboarding them – Gallup.
- Many job seekers read at least 6 reviews about a company online, before forming their opinion of the company.
- 64% of candidates said they research a company online after finding a job offer, and 37% said they will accept another job offer if they can’t find any information on the company online – Careerbuilder.
Your job as an HR Personnel will have you looking for the right talent in the most unconventional places you can think of. These human resource recruitment statistics will give you an insight into where job seekers maybe hiding.
- 51% of job applicants are likely to apply to a company with images or videos in their job postings, then to a company without – Software advice.
- Job advertisements that include salary ranges get 75% more clicks than job listings that don’t – Stack Overflow.
- 90% of recruiting emails sent to candidates are generic – CareerBuilder survey.
- 81% of job seekers state that employers constantly communicating status updates to them, would improve their candidate experience – Hired.
- 60% of job seekers quit filling out their online job applications because they’re too long or complex – CareerBuilder.
- 48% of businesses say that employee referrals produce channels for quality hires – LinkedIn.
- 82% of companies use pre-employment assessment tests, to screen out job candidates- Talent Board
- 83% of employers believe being able to attract and retain talent is a growing challenge – Allegis Group.
- Structured interviews are frequently used by 74% of HR professionals around the world – LinkedIn.
- 83% of talent say a negative interview experience can change their mind about a role or company they once liked – LinkedIn
Employee Management Statistics
Hiring talents for your company’s team is only a small fraction of your job as an HR personnel. The bigger part is to manage these new hires, so they settle into the company nicely.
This employee management statistics will help you hire the right fit for your company.
- 67% of employees rated being treated respectfully as important, higher than the 63% which rated compensation as more important in the job – SHRM.
- 40% of employees reported feeling “very satisfied” with having a good relationship with their supervisor.
- 46% of employees feel supported at their jobs, if they can act when they notice an issue or opportunity in their company – SHRM
- 89% of employees were confident that they could accomplish goals, and 86% of employees were determined to achieve goals – SHRM
- 77% of satisfied employees, say that using their expertise and capabilities, makes them feel more engaged at work- SHRM
- 47% of HR personnel state that employee retention and the high turnover rate is their top workforce management challenge, accompanied by recruitment and corporate culture management – SHRM.
- 84% of HR professionals say that recognizing employees’ efforts, promotes more engagement at work, and 82% of HR personnel agree that recognition makes workers happy
- 83% of employees preferred to be praised for their efforts, rather than to be given gifts for it – OfficeVibe.
- 89% of HR professionals agree that constant performance management evaluation is more effective.
- 57% of companies use specific performance management technologies like Kissflow HR Cloud or BambooHR to assess the worker’s performance – HR.com.
- A “work sample” evaluation is a highly effective assessment method, as it explains up to 29% of an employee’s performance – Furst Person.
HR statistics is important, because it’s a way for you to summarise your challenges with recruitment, employee management, company branding, and job seekers into numbers, which you can use as a reference to adjust your strategy, know what’s current in the job industry, and the people influencing a sector of your industry.