SAN FRANCISCO, June 20, 2019 – Lever, the leader in talent acquisition software, has today released the 2019 Talent Benchmarks Report: Key Metrics to Transform Your Hiring. The report is the definitive guide to hiring metrics in 2019 and will provide talent leaders, hiring managers, and recruiters with industry averages, key takeaways, and actionable insights to help make their recruitment strategies as data-driven and as efficient as possible.
With unemployment at a 50-year-low — and considering that 70% of candidates are not actively looking for a job — competition for talent has never been more intense. Companies seeking the best candidates need to optimize their recruiting process at every stage of the Talent Relationship Lifecycle. Lever’s report has the key metrics for every stage, ensuring companies have the appropriate benchmarks to measure how they’re doing and how they can improve.
Some of Lever’s key findings include that:
- Sourcing candidates is 2x more efficient than relying on applicants
- “Nurtured” candidates get hired 19% faster
- On average, 30-40% of onsite interviews lead to an offer
- Approximately 65% of candidates that receive an offer will accept
- Internal hiring is the easiest, quickest, and most cost-effective way to hire
“We designed this report specifically to give our customers, and the industry at large, the most up-to-date, most accurate metrics to benchmark their hiring efforts,” said Lever’s Chief Marketing Officer, Michelle Kerr. “We’re on a mission to help companies achieve predictable hiring, and that starts with a data-driven recruitment strategy. As competition for talent grows, having the insights on what processes and talent strategies are needed to hit hiring goals has never been more important to a company’s key business outcomes.
Download now to become an expert on the 2019 key hiring metrics, or schedule a call with one of Lever’s recruiting specialists to learn how to implement these metrics into their recruiting strategy.