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Top 10 Candidate Experience Statistics You Need To Know

Top 10 Candidate Experience Statistics You Need To Know

 

Creating and maintaining a positive candidate experience during your hiring and onboarding process is vital if you want to attract the perfect candidates. Research studies have indicated that more than 72% of candidates with bad recruiting experience have shared that negative experience online or with someone directly.

That’s why it's so important to provide your candidates with the best experience from the get-go. In this blog, we’ll be sharing our top 10 candidate experience statistics that you need to know… so let’s get started!

 

What is Candidate Experience?

 

Candidate Experience is a recruiting buzzword of which recruiters are starting to take notice. Not familiar with the concept? Unsure what candidate experience actually means?

Well, simply put it “signifies how job candidates feel when they are in connection with the company they are interested in working for.”

But what does this mean?

Candidate experience means focusing on how customers feel when they are interacting with a company or its products. For example, what kind of an image they get when they are searching for information about your company, writing their applications and participating in job interviews, etc.

 

Statistics for 2021

 

  • 54% of companies report talent shortages. (ManpowerGroup)
  • 52% of recruiters reveal that their time-to-hire is 3 weeks or more across all types of job openings. (Yello)
  • The majority of job seekers (81%) expect the hiring process to wrap up in two weeks, tops. (Yello)
  • 37% of companies say that the application process takes more than 30 minutes to complete. (Aptitude research)
  • 54% of job seekers said a negative candidate experience would impact their decision to buy. (Talentgy)
  • 69% of job seekers who had bad experience would rarely or never apply again. (Talentgy)
  • 95% of job seekers have at least one social media profile. (Robert Walters)
  • 82% of job seekers would share a positive candidate experience. (Talentgy)
  • Only 42% of Employers reach out and re-engage declined candidates with information on future job opportunities. (Careerarc)
  • 98% of Employers believe enhancing the Candidate Experience – for those they hire and decline – could help enhance and protect their employer brand. (Careerarc)

 

The importance of the candidate experience is becoming a popular debate amongst many organisations and businesses, and the benefits it reaps can be twofold - especially for your company image and reputation! Now is the time to invest in resources and offer facilities that will reward you and your candidates, providing them with an overall positive and unique experience!