Exploring Recruiting Benchmarks for Small Businesses
As a small business, it is essential to stay on top of hiring trends and to understand how your growing company compares to other organizations. For this reason, Employ conducted a comprehensive survey with responses from over 1,200 HR decision makers and recruiters.
The goal? To gain valuable insights into the hiring practices and recruiting benchmarks of businesses of all sizes.
The results of this in-depth survey offer indispensable information for employers seeking to navigate the current state of hiring and anticipate what lies ahead. This report provides a high-level analysis of the survey findings, capturing the hiring trends that cut across companies of all sizes and complexities.
With this report in hand, you’ll have a broader perspective on the current hiring landscape and be better equipped to make informed decisions. So, whether you’re a hiring manager or a small business owner, take advantage of this comprehensive survey and use the insights to elevate your hiring practices to the next level.
Small Businesses Recruiting Benchmarks
The findings show the majority of small businesses made between 0 – 25 hires in the last 12 months, with 27% making between 26 – 50 hires.
However, there is a positive trend in hiring volume for small businesses this year, with 42% of respondents reporting somewhat more hiring and 19% reporting a lot more. This indicates that many smaller companies are expanding at a steady rate and anticipate making somewhat more hires in the next 12 months.
It’s also worth noting that small businesses typically receive fewer job applicants than larger companies, with an average of 4 – 10 applications per role. However, 42% of small businesses reported that the number of applications per requisition they receive has somewhat increased in the last year, while only 2.6% reported a drastic decrease in the number of applications. This shows that the job market is still robust for small business hiring.
Get the Full Scope of Research
These findings offer valuable information for employers looking to understand the current hiring landscape. But the Recruiting Benchmarks Report offers so much more.
With comprehensive data on hiring practices and recruiting benchmarks for small businesses, medium-sized companies, and enterprise-level organizations, readers will gain a deeper understanding of the trends shaping the job market.
Don’t miss out on this essential resource for HR professionals and recruiters. Download the Recruiting Benchmarks Report today and stay ahead of the competition.