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Page 1: The vicious circle of volume recruitment

45%

RECEIVE 51 - 100 APPLICATIONS PER ROLE

OF RECRUITERS SAY TURNOVER DAMAGES

THE MORALE OF REMAINING STAFF

Recruiters are being swamped with applications for frontline roles

26%

MANAGE 10,000 - 20,000 APPLICATIONS PER YEAR

SO IT’S NOT SURPRISING THAT

44%SAY IT INCREASES

THE PRESSURE ON LINE MANAGERS

47%

ARE LIKELY TO HAVE THE RIGHT TRAITS FOR THE ROLE

OF THESE ONLY

12%OF RECRUITERS ARE STRUGGLING TO FIND THE RIGHT PEOPLE62%

IN

ADEQ

UATE RECRUITMENT PROCESS

WRONG PEOPLE HIRED

MORE STAFF LEAVE M

ISMATCHED EXPECTATIONS OF THE R

OLE

OF VOLUME RECRUITERS KNOWINGLY HIRE UNSUITABLE

CANDIDATES JUST TO FILL A ROLE QUICKLY

37%

The vicious circle ofvolume recruitment

51%OF ORGANIZATIONS USE ABILITY TESTS

TO HELP SELECT THE RIGHT CANDIDATES

ONLY ONLY

47%OF ORGANIZATIONS

CONDUCT STRUCTURED INTERVIEWS

OF RECRUITERS CLAIM THAT FRONTLINE STAFF LEAVE BECAUSE THE EXPECTATIONS THEY HAVEOF THE JOB ARE OUT OF LINE WITH REALITY

48%

The problem?

T

HIS I

S CAUSING STAFF TURNOVER RATES

TO REACH UNPRECEDENTED LEVELS

60%OF COMPANIES WITH LARGE NUMBERS OF FRONTLINE STAFF HAVE AN ANNUAL ATTRITION RATE OF MORE THAN 20 PERCENT

40%OF RECRUITERS CLAIM IT COSTS $4,900-$8,000 TO REPLACE AN EMPLOYEE

£

$

$

¥¥

High turnover has a huge impact

Read our whitepaper and �nd out how >>

2014 Hay Group. All rights reserved

Data provided by Hay Group in partnership with Talent Q

Improve your recruitment process and break the vicious circle

IN 2018 49 MILLION MORE EMPLOYEES WILL BE HEADING OUT THE DOOR COMPARED TO 2012 – A TOTAL OF 192 MILLION EMPLOYEES WORLDWIDE

AS THE GLOBAL ECONOMY RECOVERS, THIS WILL ONLY GET WORSE