{"id":748,"date":"2018-07-14T10:06:19","date_gmt":"2018-07-14T10:06:19","guid":{"rendered":"https:\/\/recruiterflow.com\/blog\/?p=748"},"modified":"2024-12-05T12:09:29","modified_gmt":"2024-12-05T12:09:29","slug":"sourcing-benchmarks-report","status":"publish","type":"post","link":"https:\/\/recruiterflow.com\/blog\/sourcing-benchmarks-report\/","title":{"rendered":"Recruiterflow sourcing benchmarks report"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">What\u2019s the hardest thing that CEOs and leaders of the new-age companies are trying to grapple with? Unsurprisingly &#8211; <\/span><b>It\u2019s recruiting. \u00a0<\/b><span style=\"font-weight: 400;\">According to the First round\u2019s <a href=\"http:\/\/stateofstartups.firstround.com\/2016\">state of startups<\/a> report, hiring good people came as the biggest challenge founders faced when they are scaling a company. Right there with acquiring new customers and above raising funds!<\/span><\/p>\n<p><img decoding=\"async\" class=\"size-full wp-image-749 aligncenter\" src=\"https:\/\/recruiterflow.com\/blog\/wp-content\/uploads\/2018\/07\/Screen-Shot-2018-07-14-at-2.45.29-PM.png\" alt=\"\" width=\"579\" height=\"491\" srcset=\"https:\/\/recruiterflow.com\/blog\/wp-content\/uploads\/2018\/07\/Screen-Shot-2018-07-14-at-2.45.29-PM.png 579w, https:\/\/recruiterflow.com\/blog\/wp-content\/uploads\/2018\/07\/Screen-Shot-2018-07-14-at-2.45.29-PM-300x254.png 300w\" sizes=\"(max-width: 579px) 100vw, 579px\" \/><\/p>\n<h3>Is there really a talent scarcity?<\/h3>\n<p><b>No<\/b><\/p>\n<p><span style=\"font-weight: 400;\">If you are constantly falling short of your recruiting targets without lowering your hiring bar, you are doing it wrong. <\/span><span style=\"font-weight: 400;\">The problem is not the talent but the way you work recruiting great talent. The old adage of post and pray just doesn\u2019t work anymore. <\/span><\/p>\n<ul>\n<li><b>3 quarters of the qualified talent on LinkedIn is passively looking<\/b><span style=\"font-weight: 400;\"> for new and better opportunities<\/span><\/li>\n<li><span style=\"font-weight: 400;\">An overwhelming <\/span><b>45% of them are open to talking<\/b><span style=\"font-weight: 400;\"> to a recruiter. <\/span><\/li>\n<li><span style=\"font-weight: 400;\">The question is, are you reaching out to the right talent the right way? <\/span><\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-750\" src=\"https:\/\/recruiterflow.com\/blog\/wp-content\/uploads\/2018\/07\/passive-talent.png\" alt=\"paaive-recruiting\" width=\"427\" height=\"331\" \/><\/p>\n<h3>Sourcing-led <a href=\"https:\/\/recruiterflow.com\/blog\/future-of-recruiting\/\" target=\"_blank\" rel=\"noopener\">recruiting is the future<\/a><\/h3>\n<p><span style=\"font-weight: 400;\">Turning from applicant focused to sourcing focused has the potential to fundamentally change the way you recruit.\u00a0<\/span><span style=\"font-weight: 400;\">Sourcing is not easy and is riddled with rejection. But still, the best way to get great candidates. Our data suggest that it takes <b>152 applicants to make one hire whereas just 56 sourced candidates to make one hire<\/b>. Referrals are still the best but on average, an open position receives 0.8 referrals.<\/span><\/p>\n<p><span data-sheets-root=\"1\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Also, read our blog on sourcing vs recruitment&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:1053185,&quot;3&quot;:{&quot;1&quot;:0},&quot;12&quot;:0,&quot;15&quot;:&quot;Nunito&quot;,&quot;23&quot;:1}\" data-sheets-textstyleruns=\"{&quot;1&quot;:0}?{&quot;1&quot;:23,&quot;2&quot;:{&quot;2&quot;:{&quot;1&quot;:2,&quot;2&quot;:1136076},&quot;9&quot;:1}}\" data-sheets-hyperlinkruns=\"{&quot;1&quot;:23,&quot;2&quot;:&quot;https:\/\/recruiterflow.com\/blog\/sourcing-vs-recruiting\/&quot;}?{&quot;1&quot;:46}\">Also, read our blog on <a class=\"in-cell-link\" href=\"https:\/\/recruiterflow.com\/blog\/sourcing-vs-recruiting\/\" target=\"_blank\" rel=\"noopener\">sourcing vs recruitment<\/a><\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-751\" src=\"https:\/\/recruiterflow.com\/blog\/wp-content\/uploads\/2018\/07\/sourcing-efficiency.png\" alt=\"sourcing-efficiency\" width=\"1024\" height=\"768\" srcset=\"https:\/\/recruiterflow.com\/blog\/wp-content\/uploads\/2018\/07\/sourcing-efficiency.png 1024w, https:\/\/recruiterflow.com\/blog\/wp-content\/uploads\/2018\/07\/sourcing-efficiency-300x225.png 300w, https:\/\/recruiterflow.com\/blog\/wp-content\/uploads\/2018\/07\/sourcing-efficiency-768x576.png 768w, https:\/\/recruiterflow.com\/blog\/wp-content\/uploads\/2018\/07\/sourcing-efficiency-600x450.png 600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<h3><span style=\"font-weight: 400;\">Sourcing is better for your team\u2019s productivity. <\/span><\/h3>\n<p><span style=\"font-weight: 400;\">It takes almost half the interviews to hire candidates from<a href=\"https:\/\/recruiterflow.com\/blog\/talent-sourcing-strategy\/\" target=\"_blank\" rel=\"noopener\"> sourced candidates<\/a> compared to applicants. This has some serious implications for the amount of time spent by hiring managers and other interviewers. It takes half the time spent interviewing the candidates to make one hire!<\/span><\/p>\n<p><strong>Interview to hire ratio for applicants*: \u00a012:1<\/strong><\/p>\n<p><strong>Interview to hire ratio for sourced candidates*: \u00a07:1<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">*For an on-site interview<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-752\" src=\"https:\/\/recruiterflow.com\/blog\/wp-content\/uploads\/2018\/07\/interviews-per-hire.png\" alt=\"interviews-per-hire\" width=\"700\" height=\"525\" srcset=\"https:\/\/recruiterflow.com\/blog\/wp-content\/uploads\/2018\/07\/interviews-per-hire.png 700w, https:\/\/recruiterflow.com\/blog\/wp-content\/uploads\/2018\/07\/interviews-per-hire-300x225.png 300w, https:\/\/recruiterflow.com\/blog\/wp-content\/uploads\/2018\/07\/interviews-per-hire-600x450.png 600w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/p>\n<h3><span style=\"font-weight: 400;\">When it comes to sourcing email sequences work better than LinkedIn inmails or one-off bulk emails. <\/span><\/h3>\n<p><span style=\"font-weight: 400;\">A number of users who use Recruiterflow, create an email sequence of 3 or above email touchpoints which are spread over 20-25 days. <\/span><\/p>\n<ul>\n<li><b>If you send two emails rather than one, your reply rates increase by 186%.<\/b><\/li>\n<li><b>If you send three emails rather than two, your reply rates increase by 34%.<\/b><\/li>\n<li><b>If you send four emails rather than three, your reply rates increase by 42%.<\/b><\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-753\" src=\"https:\/\/recruiterflow.com\/blog\/wp-content\/uploads\/2018\/07\/emails-to-reply.png\" alt=\"recruiting-email-sequences\" width=\"724\" height=\"543\" srcset=\"https:\/\/recruiterflow.com\/blog\/wp-content\/uploads\/2018\/07\/emails-to-reply.png 724w, https:\/\/recruiterflow.com\/blog\/wp-content\/uploads\/2018\/07\/emails-to-reply-300x225.png 300w, https:\/\/recruiterflow.com\/blog\/wp-content\/uploads\/2018\/07\/emails-to-reply-600x450.png 600w\" sizes=\"(max-width: 724px) 100vw, 724px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What\u2019s the hardest thing that CEOs and leaders of the new-age companies are trying to grapple with? Unsurprisingly &#8211; It\u2019s recruiting. \u00a0According to the First round\u2019s state of startups report, hiring good people came as the biggest challenge founders faced when they are scaling a company. Right there with acquiring new customers and above raising <a href=\"https:\/\/recruiterflow.com\/blog\/sourcing-benchmarks-report\/\" class=\"more-link\">&#8230;<span class=\"screen-reader-text\">  Recruiterflow sourcing benchmarks report<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":754,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[115],"tags":[],"class_list":["post-748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-recruitment"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.7 (Yoast SEO v26.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Recruiterflow sourcing benchmarks report - Recruiterflow Blog<\/title>\n<meta name=\"description\" content=\"Check out the Recruiterflow Sourcing Benchmarks Report for an in-depth look at how top companies are sourcing talent.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/recruiterflow.com\/blog\/sourcing-benchmarks-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Recruiterflow sourcing benchmarks report\" \/>\n<meta property=\"og:description\" content=\"Check out the Recruiterflow Sourcing Benchmarks Report for an in-depth look at how top companies are sourcing talent.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/recruiterflow.com\/blog\/sourcing-benchmarks-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Recruiterflow Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/recruiterflow\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-14T10:06:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-05T12:09:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/recruiterflow.com\/blog\/wp-content\/uploads\/2018\/07\/sourcing-benchmarks.png\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"320\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Manan Shah\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@recruiterflow\" \/>\n<meta name=\"twitter:site\" content=\"@recruiterflow\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Manan Shah\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/recruiterflow.com\/blog\/sourcing-benchmarks-report\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/recruiterflow.com\/blog\/sourcing-benchmarks-report\/\"},\"author\":{\"name\":\"Manan Shah\",\"@id\":\"https:\/\/recruiterflow.com\/blog\/#\/schema\/person\/7178f2652380ba7442262fa7ad94041a\"},\"headline\":\"Recruiterflow sourcing benchmarks report\",\"datePublished\":\"2018-07-14T10:06:19+00:00\",\"dateModified\":\"2024-12-05T12:09:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/recruiterflow.com\/blog\/sourcing-benchmarks-report\/\"},\"wordCount\":383,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/recruiterflow.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/recruiterflow.com\/blog\/sourcing-benchmarks-report\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/recruiterflow.com\/blog\/wp-content\/uploads\/2018\/07\/sourcing-benchmarks.png\",\"articleSection\":[\"Recruitment\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/recruiterflow.com\/blog\/sourcing-benchmarks-report\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/recruiterflow.com\/blog\/sourcing-benchmarks-report\/\",\"url\":\"https:\/\/recruiterflow.com\/blog\/sourcing-benchmarks-report\/\",\"name\":\"Recruiterflow sourcing benchmarks report - 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