Recruitment Trends in 2016
What’s happening in the job market this year? Apparently this year is the year of the candidate. Throughout the recession it was an incredibly tough time for candidates who were looking for a job after being made redundant or career orientated candidates looking for progression.
It was also tough for businesses finding suitably skilled, experienced and highly talented individuals with the technical and behavioural competencies to meet the ever increasing demands and competitive nature of business environments today.
Improving the Candidate Experience
There is evidence to suggest candidates are being more selective about their career choices and the research shows that they are actually declining offers. Candidates are feeling a lot more confident about their worth and value in the job market and about making career decisions.
This all means that employers will now need to manage the candidate much more carefully throughout the interview process. The consequences of not managing properly could mean losing good quality candidates to their competitors.
Increase in Job Seekers
According to CV Library the UK’s largest job site a very high percentage of employees will be looking for a new job this year. In fact if the predicted percentages are correct this could mean 7.7 million workers will be on the job market which in turn creates an incredibly competitive job market.
We are living and working in a technologically driven world. We use technology for most everything we do today – downloading and listening to music, watching videos, managing our banking and finance, shopping, communicating, sharing photos and applying for jobs via our smart phones.
For the first time in modern history we are working along-side four different generations and that situation requires using several different sourcing and selection methods to attract, connect, engage and hire your next top talent.