StartWire research study finds that 50% of new hires applied within first week of job posting.
Lebanon, NH (PRWEB) June 2, 2011
StartWire™ (http://www.startwire.com), a start-up focused on closing the job application black hole today announced the results of a study examining the relationship between a job offer and the timing of a job seekers’ application.
Data from over 6600 hires and across 10 industries show a consistent pattern: The early bird gets the job.
Of those hired 27% applied within the first two days after a job was posted. Nearly 50% of the hires were applicants who applied within the 1st week; approximately 75% of all hired candidates applied within three weeks. “Job seekers underestimate the importance of being at the front of the hiring line,” says Chris Forman, CEO & Co-Founder of StartWire™.
“Once a hiring manager or recruiter does an initial pre-screen of candidates and makes an interview list, they rarely look back at applications that come in later. To optimize your chances, apply as soon as you see a job, and seek out an internal contact within the company who can put in a good word for you.”
“This research sheds light on a long known but little discussed reality in corporate recruiting,” says Mark Lotz, Principal at Camden Delta Consulting and former head of Talent Acquisition for Kimberly-Clark Corporation. “Given the upswing in hiring, corporate recruiters are often working on filling many positions. The reality is that if they find enough qualified applicants to satisfy the hiring manager, they rarely have time to go back to review the resumes of any new applicants.”
The data for this study was derived from a private, internal StartWire research project looking into online job search and hiring behavior. All participant information is being kept confidential. This study used blind application data from 15 leading employers gathered over the last 12 months. Application data was collected across all functions and levels.
StartWire™ closes the ‘application black hole’ by providing job seekers with free, automatic updates on their job applications from over 2,100 employers via e-mail and text. StartWire™ also provides a suite of tools that streamline the job search process from recommendations on where to apply and friends who can help, to status indicators of your chances of getting a call based on your application date, the age of the job, and industry benchmarks.
StartWire™ launched in early 2011 to rave reviews and write-ups in US News & World Report, About.com, AOL Jobs, CNN, ERE, HR Executive Magazine, & Career Xroads. StartWire™ is the 1st product commercialized by StartDate Labs™ – a recruiting and job search technology incubator. StartDate Labs is based in Lebanon, NH.
Want more information on the study? Contact us.