Modern Hire's Fourth Annual Hiring Trends Report Reveals Critical Success Factors For Employee Hiring and Retention In 2022
CLEVELAND and DELAFIELD, Wis., Jan. 18, 2022 /PRNewswire/ -- Modern Hire, the leading enterprise hiring platform for video interviewing and pre-hire assessments, today released its fourth annual Hiring Trends Report. The report integrates Modern Hire research with client learnings and industry specific data to identify the most influential hiring trends for 2022.
As we move into the new year, The Great Resignation is showing no sign of slowing. Although the U.S. unemployment rate was close to pre-pandemic levels at the end of 2021, more than a quarter of workers (26%) say they are looking to change jobs in the near future. This is cause for concern as hiring teams are tasked to hire for growth while simultaneously keeping up with rising turnover rates. To succeed in today's talent war, hiring professionals everywhere must adapt their strategies to address candidate hiring experience and expectations, flexibility, transparency, and career growth opportunities, that encourage retention.
"The turbulent job market of the last two years has left many hiring teams scrambling to fill vacancies quickly, so it underscores the importance of ensuring that hiring processes are implemented with precision to drive long-term success for both prospective employees and their employer," said Karin Borchert, CEO of Modern Hire. "At Modern Hire, we believe a positive hiring experience starts with clear expectations during the hiring process and trusted AI-driven assessments to support candidates' future employment potential and success. Establishing company and candidate expectations early can greatly influence future engagement of that prospective employee, and the right assessment tools can be a predictor of their tenure."
The Modern Hire 2022 Hiring Trens Report offers insights for hiring practitioners in what's being defined as the "next normal" of change itself. Based on Modern Hire's rigorous analysis, the company has identified five hiring trends that will be most important to hiring teams this year:
"We will likely continue to see unprecedented recruitment and hiring challenges in the coming months which can only be met with a continued focus on impartial, efficient and effective virtual tools and data-driven techniques in 2022 and beyond," said Borchert. "Enterprises must take action to modernize their hiring processes to ensure more personal, improved experiences for candidates and hiring teams, ultimately increasing hiring performance for greater success."
For more information and to download Modern Hire's 2022 Hiring Trends Report, please visit https://modernhire.com/2022-hiring-trends-hiring-for-the-next-normal/. To learn more about Modern Hire's award-winning, science-based enterprise hiring platform, please visit www.modernhire.com.
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