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10 Surprising Hiring Facts

10 Surprising Hiring Facts 1694 1192 Sprockets

Human resource professionals have an incredibly difficult job. In addition to managing benefits, culture, safety, compliance, lawsuits, career pathing, and succession planning, they are also responsible for hiring the right people. When do you find time to sleep?! Hiring managers are forced to make the company’s most important decisions with very little time or technology. That’s why we started Sprockets. We wanted to give companies the tools to make better hiring decisions than ever.

Check out these hiring facts.

  • US companies spend $420 billion on hiring every year.

  • There are over 6 million open jobs in the U.S.

  • There are over 50 million people actively looking for a job.

  • 46% of all new hires fail in the United States; 31% in the first 30 days.

  • Only 19% of new hires will meet the expectations of the hiring manager.

  • A corporate job description attracts, on average, 250 applicants.

  • The average time spent on a resume is 6 seconds, but 33% of hiring managers say that they know within the first 30 seconds if they are going to hire a person.

  • 65% of hiring managers say “the way a candidate walks through the door” is a major influence in the hiring process.

  • 70% said that “wearing trendy clothes” is a major reason for rejection.

  • 26% said that “a poor handshake” is a major reason for rejection.

What hiring facts surprised you most? Let us know in the comments!

Sprockets helps companies hire more top-performing people. Our assessment discovers the shared characteristics of your best people and sees that information to predict a new hire’s likelihood to succeed in a position before they’re hired.

Plus, check out why creating a positive candidate experience is important.