Recruiting questions answered with data
Recruitment can be a highly subjective domain of expertise, with these statistics you arm yourself with data-driven answers to the most frequent recruiting questions.
What is the average cost per hire?
The average cost per hire is around $4000 to $5000 (Deloitte, Zippia, IG). The average cost per hire ranges significantly per industry because the difficulty of filling positions varies.
What is the average time to fill a position?
The overall average time to fill a position is 48 days (AIHR, 2019). The average cost per day of an unfilled position is $500 a day (Entelo, 2020).
The average time to fill varies significantly per industry as illustrated in the below table.
Average time to fill, case study by Workable
How much do recruiters make?
The average salary for a recruiter is around $40,000 — $75,000, depending on seniority level and specialisation.
An entry-level recruiter who brings less than a year of experience to the table on average receives a total compensation package of $40,000 annually, including bonuses and overtime pay. Mid-career HR recruiters may expect an average salary of $55,000 (PayScale).
The given salary averages vary significantly per source:
- According to Glassdoor the national average salary for Recruiter in 2021 is $52,657 per year in the United States and the national average salary for Corporate Recruiter is $63,190 per year in the United States.
- According to Builtin, the Recruiter average base salary in 2021 in the US is $75,453.
- According to Salary.com the average salary for Recruiter in 2021 in the US is $58,471.
Recruiter salaries per percentile for a Recruiter I, according to salary.com.
How much do tech recruiters make?
The average salary for Technical Recruiter is around $50,000 — $85,000.
The given salary averages vary significantly per source:
- According to Builtin the Technical Recruiter average base salary in 2021 in the United States is $84,316 per year.
- According to Glassdoor the Technical Recruiter average base salary in 2021 in the United States is $54,512 per year.
- According to Salary.com the average salary for Technical Recruiter in 2021 in the United States is $75,713.
Technical Recruiter salaries per percentile, according to salary.com.
What are the top challenges in recruitment?
In 2020 The Conference Board asked CEO’s worldwide what their biggest overall concerns were. The CEO’s mentioned attracting and retaining talent as their absolute top internal concern (The Conference Board, 2020).
Recruitment professionals mention these objectives as the top five priorities within their domain (Jobvite study):
- Improving the quality of hire (52%)
- Increasing retention rate (24%)
- Improving time-to-hire (23%)
- Growing talent pipeline (22%)
- Diversity hiring (22%)
43% of HR professionals cited “competition from other employers” as the top reason they’re struggling to hire the right employees (SHRM).
The top five challenges within HR where technology plays a key role are (PwC study, 2020):
- Finding, attracting, retaining talent (56%)
- Developing people to reach their full potential (43%)
- Improving employee experience (42%)
- creating collaborative work environments (40%)
- Workforce planning (38%)
- Ensuring well-being, diversity, & inclusivity (34%)
What are the average recruitment agency fees?
…
