hiring benchmark report for london 2017
TRANSCRIPT
Title slide
London Hiring Benchmarks Report | 2017
● What data are we looking at?
● Hiring metrics
● Candidate sources
London Hiring Benchmarks Report | 2017
So. What data are we looking at?
London Hiring Benchmarks Report | 2017
600companies
London Hiring Benchmarks Report | 2017
100,000 candidates reviewed
London Hiring Benchmarks Report | 2017
25,000 interviews
London Hiring Benchmarks Report | 2017
2,500 new hires in 2016
London Hiring Benchmarks Report | 2017
2.5% of new candidates are hired
London Hiring Benchmarks Report | 2017
Where does the time go?
London Hiring Benchmarks Report | 2017
23 Days (3 weeks) time-to-hire
London Hiring Benchmarks Report | 2017
48 Days (7 weeks) time-to-fill
London Hiring Benchmarks Report | 2017
London Hiring Benchmarks Report | 2017
10 interviews to make one hire
London Hiring Benchmarks Report | 2017
Administrative 157
Customer Service 130
Marketing 94
Sales 85
Engineering/IT 67
Average number of applications:
London Hiring Benchmarks Report | 2017
48% disqualified without further consideration
London Hiring Benchmarks Report | 2017
13 interviews51 days to fill
Sales:
10 interviews (-23%)63 days to fill (+25%)
Engineering:
London Hiring Benchmarks Report | 2017
● Sourcing takes longer than process
● You need 3 or 4 good candidates to make a hire
Do hiring managers always appreciate those facts?
London Hiring Benchmarks Report | 2017
Candidate sourcing
London Hiring Benchmarks Report | 2017
26% of hires are from job boards
London Hiring Benchmarks Report | 2017
Finance 39%
Customer Service 37%
Administrative 35%
Marketing 32%
Sales 20%
Engineering/IT 17%
How often do you make a direct hire from a job board?
London Hiring Benchmarks Report | 2017
Indeed and LinkedIn are the top performing job boards but…
London Hiring Benchmarks Report | 2017
Monster has delivered more hires for Analysts/Consultants than LinkedIn or Indeed
London Hiring Benchmarks Report | 2017
StackCareers has delivered more hires for IT/Engineering jobs than any other job board
London Hiring Benchmarks Report | 2017
More than 90 niche job sites have led to a hire
London Hiring Benchmarks Report | 2017
13% direct hires from your careers pages
London Hiring Benchmarks Report | 2017
1% social media is still a minnow as a source of candidates
London Hiring Benchmarks Report | 2017
Facebook outperforms Twitter as a source of hired candidates by 1800%
London Hiring Benchmarks Report | 2017
10% of hires are from recruitment agencies
London Hiring Benchmarks Report | 2017
of all companies in London use recruitment agencies33%of jobs have an agency helping to source candidates13%of candidates submitted by a recruitment agency are hired10%
London Hiring Benchmarks Report | 2017
Engineering 26.4%
Administrative 5.8%
Which jobs need agency help?
London Hiring Benchmarks Report | 2017
job boards are still the biggest source of hired candidates26%it’s an average so great recruiters are doing even better10%don’t ignore intangible benefits of social media1%
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