As we come out the other side of the pandemic, working life will have changed for many of us.
With everything going digital, the time when recruiters could do everything face-to-face and rely more on their gut instinct to make hiring decisions is long gone. Now, more than ever, recruiters are having to rely on technology, like Clevry’s assessment platform, to make better hiring decisions in this new, virtual working world.
We’ve decided to take a look at some of the key recruitment stats and hiring trends for 2022 and beyond.
Recruitment Stats 2022
- 93% of employers are doing some form of hiring in 2022, which is up from 82% in 2021 (Monster)
- 63% of organisations would be willing to hire someone with transferable soft skills and then train them up to full proficiency (Monster)
- Recruiter confidence in finding the right candidate has fallen from 95% in 2020 to 91% in 2022 (Monster)
- The 5 key priorities for recruiters in 2021 were: Improving quality of hire (52%), increasing retention rate (24%), improving time-to-hire (23%), growing talent pipeline (22%), diversity hiring (22%) (Human Resources Director, 2021).
- 80% of organisations say they are having difficulty filling openings due to an ongoing shortage of skills (Monster)
- 41% of recruiters said that assessing candidates during the interview was the main challenge they faced in 2021 (Monster)
- Almost half of UK businesses (46%) say they have struggled to fill roles that require data skills (Gov.uk)
- 50% of employers said that candidates need to be better at articulating their skills (Monster)
- In one survey, more than half (52%) of recruitment leaders say the most challenging aspect of recruitment is screening candidates from a large pool of applicants. (Ideal.com)
Candidates & workers
- 64% of candidates who experience a negative hiring process would share that experience with their family and friends, with 27% going on to actively dissuade others from applying to the same organisation. (Retorio.com)
- 73% of job seekers say the process of looking for a job is one of the most stressful events in life (Small Biz)
- 60% of candidates have quit a job application process midway because of its length and complexity. (Hirevue.com)
- 73% of applicants say they would only apply to a company that has similar values to them (Glassdoor)
- 25% of job seekers would actively turn down a job offer if it didn’t allow the option to work from home (Career Builder)
- 83% of candidates surveyed said the overall recruitment experience could be greatly improved if employers provided a clear timeline of the hiring process (Small Biz)
- 89% of candidates agree that an employer’s career website is important for finding key information and making a decision on whether to take a job (Small Biz)
- Hiring managers and recruiters spend between 6-8 seconds looking at a CV (Stand out CV)
- Compensation is the main factor driving employee career choices with 50% of respondents saying it was more important than meaningful work (42%) or a safe working environment (35%) (Monster)
- 89% of candidates evaluate your business before applying to a role with your organisation (CareerArc)
- ⅓ of workers fear that automation will take their jobs in future (Talinternational)
- Almost 90% of job seekers use social media in their job search (CareerArc)
Diversity & Inclusion
- Diversity & inclusion is an important factor for the majority of today’s candidates: 76% report that a diverse workforce is an important factor when evaluating companies and job offers (Glassdoor)
- 57% of employers say they have updated their recruitment strategies to build a more diverse workforce (Myshortlister)
- In a survey by Monster, 30% of companies revealed that they don’t have any form of D&I strategy in place (Monster)
- 68% of recruiters said that investing in new recruitment tech is the best way to improve hiring performance (Thrive)
- Soft skills are key to hiring a good candidate. A survey by SHRM revealed the main soft skills employers are looking for in candidates: Dependability, Teamwork, Flexibility, Problem-solving (Monster)
- According to Glassdoor, 89% of job seekers consider their mobile devices essential to finding a new job, with 45% using them at least once per day to look at new roles. (Glassdoor)
- 90% of job applicants use their smartphones to look for work. (Aihr.com)
- 88% of companies globally already use AI in some way for HR (SHRM, 2021).
- 64% of recruiting managers consider increased skills testing to be a vital part of the recruitment process (Thrive)
- 84% of company recruiters say that culture fit has become a key factor when recruiting (Thrive)
- 44% of recruiters use publicly available data like social media profiles to speed up their recruitment (SHRM, 2021).
- 52% of recruiters say they are most interested in candidates with a degree in STEM (Science, technology, engineering and mathematics) (ICMS, 2021)
- An applicant who’s rejected and gets no feedback is x2 more likely not to apply or do business with that company again (Thrive)
Impact of Covid pandemic
- 89% of organisations are now recruiting virtually, but only 19% of them think it’s better than in-person (Monster)
- 44% of recruiters say they are prioritising remote flexibility for their workforce (Monster)
- 42% of recruiters say that flexible working options have given them advantages in both recruiting new candidates and retaining current talent (Monster)
- 57% of workers are remote at least part of the time (Upwork)
- Virtual recruiting was cited as the third biggest challenge facing employers, with 28% saying they expect to struggle with this kind of hiring (Monster)
- 46% of recruitment managers globally expect workplace pandemic changes to become permanent (Monster)
- Over two-thirds of employees would return to the office if employers paid for their commute (Emburse)
- Men (79%) are more likely than women (61%) to want to return to the office. The main reasons include socialising with coworkers (52%) and in-person work collaboration (46%).
- 87% of recruiters say a four-year college degree makes an entry-level candidate competitive (ICMS, 2021).
- American candidates care about brand reputation. 86% of women and 67% of men in the United States wouldn't work for a company with a bad reputation. (Glassdoor)
- One third of employers in the U.S. say the skills gap has increased when compared to last year (Monster)
Despite the recent changes to how we all work and the poor economic outlook, the recruitment industry appears to be thriving under increasingly difficult circumstances. Implementing technology (such as soft skills assessments) and having a good onboarding process will go a long way to helping recruiters stay at the top of their game in the coming year.
If you’re hiring new employees, personality questionnaires can play a key role is helping you to properly assess if a candidate is a good fit to your company. Then, once a candidate has been hired, the same personality profile can be brought together into an onboarding report.
When used properly, psychometrics will give your business tailored information about each new employee, based on their personality at work. This allows you to provide adaptable inductions that fit their specific needs.
If you have any questions then please contact us for more information.