Written By ESR News Blog Editor Thomas Ahearn

Jobvite, Inc. – a leader in talent acquisition innovation with a candidate-centric recruiting model – has released its 4th annual 2019 Recruiting Benchmark Report that is based on an analysis of Jobvite’s database of more than 50 million job seekers and 10 million job applications, making this edition the most comprehensive recruiting benchmark report the company has made available. To download this report, click here.

According to the “Author’s Note” in Jobvite’s 2019 Recruiting Benchmark Report, 2018 was a “talent tipping point” where companies on average needed fewer applicants to make one hire. The report found the reason was recruiting efficiency and contains quantifiable data on recruiting funnel performance that provides the expert analysis needed to identify the sweet spots within recruiting funnels. The report provides insight into:

  • Industry trends and a fresh perspective on the labor market.
  • Factors driving the talent shortage.
  • How to attract more talent.
  • What the future holds for recruiting.

By 2030, the global talent shortage could reach 85.2 million people, costing companies trillions of dollars in lost economic opportunity. The Jobvite report provides insight into industry trends, the labor market perspective, factors driving the talent shortage, how to attract more talent, and what the future holds for recruiting. The report is available at http://web.jobvite.com/FY19_Website_2019Benchmarks_LP.html.

Jobvite leads the next wave of talent acquisition innovation with a candidate-centric recruiting model that helps companies engage candidates with meaningful experiences at the right time and in the right way. The Jobvite Platform infuses automation and intelligence to recruiting cycles to increase the speed, quality, and cost-effectiveness of talent acquisition. To learn more about Jobvite, visit www.jobvite.com.

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