The recruiting and hiring market is huge—to the tune of $400 billion. Yet businesses still struggle to find, engage, and hire the best candidates. Related:5 Things To Avoid During The Hiring ProcessAt SmartRecruiters, we took a look around the industry to better understand why this disconnect remains and what businesses can do to overcome the challenges plaguing their recruiting and hiring process. This infographic explains those pitfalls and proposes four new rules of recruiting. Many of the problems start with technology: hiring managers and recruiters are typically working in silos with spreadsheets and outdated applicant tracking systems that are clunky and frustrate candidates. These tools leave little room for collaboration among hiring teams and don't foster engagement with applicants. A deeper look at the industry reveals several other issues with the recruiting and hiring process, including:
- 48% of candidates drop out of applicant tracking systems when applying for a job.
- 65% of candidates who job search on a mobile device will leave a non-mobile optimized site.
- 42% of candidates who had a bad experience would never seek employment at that company again.