It’s spooky season, and we’re getting in the mood with facts in recruitment that will send a chill down your spine. But don’t worry, we have the weapon to deal with them too. Read on to find out the five scariest facts in recruitment and how you can face them.
In 2021, job numbers hit an all-time high, but candidate numbers reached a 26-year low
In one of the scariest facts in recruitment pulled right from the UK government website, and PMQs if you happened to catch any of them last year, jobs were at an all time high in the UK. What the PM wasn’t mentioning was that no one was filling them. Candidates for these jobs had reached a 26 year low, and even as we exit 2022, things haven’t improved.
It’s important to attract the talent that no one else is talking to. This will take an out-of-the-box approach when it comes to attracting and engaging candidates.
A weak employer brand will reduce the calibre of people you can attract
Tackling these facts in recruitment starts with how you present yourself. Your brand will send candidates running for the hills if it isn’t up to scratch. Glassdoor has reported that 84% of candidates would consider leaving their current employer if a brand with an excellent reputation offered them a position. Fixing this is about fixing problems in your business. Listen to exit interviews and why candidates are turning you down. If it’s about low salary, think about raising them. If it’s about workplace culture, work to change it.
47% of small businesses cannot find qualified applicants for positions
Small businesses are small, and therefore a lot of candidates haven’t heard of them. It’s a matter of reach, not that they don’t want to work for you. Start taking a proactive role in attracting candidates. A good place to start is by partnering with an executive search firm to establish what your company needs are to present to a recruiting agency.
26% of jobseekers said that they would turn down a job if it didn’t have a WFH option
In 2021, Career Builder conducted a survey that showed the facts in recruitment that 26% of job seekers would consider working from home as one of their top priorities while job hunting. We’re now a year from that and the culture hasn’t swung back to office-only spaces. In fact, working from home has cemented itself as the best option, allowing employers to widen their talent pool to outside their city.
Nearly 25% of applicants lose interest in a position if they haven’t heard back from a firm after a week
In addition, candidates that are highly sought out are usually off the market within 10 days. This paired with one of the scariest facts in recruitment, that 28% of candidates that are ghosting employers, makes for a worrying batch of problems to deal with. The lesson here is simple: move quickly. Those candidates are getting snatched up in the meantime and don’t have the time or inclination to outright turn you down.
To ensure that you are having a fear-free recruitment process, contact us today.