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Talent Is On The Move But Candidates Continue to Face Poor Hiring PracticesClose to one in every two employees (42%) are actively looking for a new job within the next six months The majority (54%) of candidates have experienced discriminatory interview questions, up 20% from 2023 65% of job seekers value DE&I when choosing employers NEW YORK, May 7, 2024 /PRNewswire/ -- Greenhouse, the leading hiring platform, has published its 2024 Candidate Experience Report. The report highlights candidate perspectives on the job market, their challenges, and the factors they consider when applying for jobs. Greenhouse, which surveyed 1,200 job seekers in the United States, found that close to one in every two employees (42%) are actively looking for a new job within the next six months. The large majority (71%) have a confident outlook on the job market in 2024. Despite many companies struggling to recruit top talent, most candidates are still experiencing frustrating, inequitable, and poor hiring processes. Bias Seeps Into the Hiring Process Flawed Hiring Process Create Candidate Headaches "With nearly half of employees on the move, candidates feel empowered to change jobs, but the data shows many companies haven't gotten their hiring priorities in order," said aniel Chait, co-founder and CEO of Greenhouse. "Drawn-out interviews, misleading job descriptions, and ghosting only make for a frustrating candidate experience. Big companies are making basic and costly mistakes. Factors in how employers act during the hiring process like whether they're communicative, how transparent they're being, and whether they respect candidates' time directly determine their ability to hire and retain top talent, which ultimately affects their bottom line and future growth." DE&I Persists: Inclusivity Remains Top Priority for Candidates Negative Impressions of Company Cultures & Broken Interview Processes Driving Away Candidates One out of every two job seekers (52%) report being ghosted during the interview process. This is a 22% decrease from last year, signaling companies are getting better at responsiveness. The most common stages applicants were ghosted were after the initial conversation with a recruiter (24%), after the interview with the hiring manager (23%), and after a take-home test assignment (12%). Over 10% of all applicants have been ghosted after accepting the job offer. Workers value communication and employer feedback, even if they don't get the job. Almost eight out of ten candidates (79%) would reapply to a company if they had received feedback after an interview but weren't offered the job. Overall, candidates feel conflicted about how companies are hiring: 53% say companies have improved at hiring, while 47% say they've gotten worse. "For applicants, the hiring process is the first glimpse into the company culture," said Carin Van Vuuren, Chief Marketing Officer of Greenhouse. "How companies treat candidates is a crucial factor; most candidates want to work with a company that values their time, communicates frequently, and is transparent. Candidates pay attention to how companies treat them, interpreting it as a sign of the company's culture. Those that aren't able to create a positive hiring experience risk potentially dissuading future applicants and receiving criticism and negative commentary in public forums." Additional survey data reveals transparency, communication, and efficiency are among job seekers' top desires for the candidate experience:
For access to the full results from the 2024 Candidate Experience Report, visit the Greenhouse site here. Survey Methodology About Greenhouse With Greenhouse, organizations can ensure every hire is the right hire, taking candidates from talented prospects to top performers. Our industry-leading software brings a structured hiring approach to any company's process, helping to define the role, requirements and attributes a successful candidate should have before a job is posted, enabling internal alignment and confident decision-making. The result is more fair and equitable hiring practices combined with data-driven decisions. We've helped over 7,500 companies across diverse industry verticals and scaling goals turn talent into a strategic advantage, so they can be ready to hire for what's next. Some of the smartest and most successful companies like HubSpot, Duolingo, Lucid Motors, Gong, J.D. Power and Scout24 use Greenhouse for data and guidance on the behaviors and capabilities they need to improve their overall hiring performance as they move up the Hiring Maturity curve. Greenhouse has won numerous awards including Fortune Best Workplaces, Inc. Magazine Best Workplace, Glassdoor #1 Best Place to Work, Forbes Cloud 100, Deloitte Technology Fast 500, Inc. 5000, Crain's Best Places to Work NYC and Mogul's Top 100 Workplaces for Diverse Representation. © 2024, Greenhouse Software, Inc. All rights reserved. "Hire for what's next," "The/Your all-together hiring platform," "Talent Makers" and the G Logo are trademarks of Greenhouse Software, Inc. Writing about Greenhouse? We've got everything you need. View original content to download multimedia:https://www.prnewswire.com/news-releases/talent-is-on-the-move-but-candidates-continue-to-face-poor-hiring-practices-302137161.html SOURCE Greenhouse Software, Inc. |