Recruitment Statistics 2018: Trends & Insights in Hiring Talented Candidates

Date: 22/11/2018
Author: GMCC
Company: GMCC

2018 will be the year of reckoning for recruiters. Low unemployment, coupled with increased awareness amongst candidates about the employer brand, has made hiring a tough job for recruiters. So either they need to up their game or lose talented candidates.

According to a recent CareerBuilder survey, companies across the globe are looking to revamp their hiring efforts to fill both the temporary and full-time positions in the year 2018. The same survey found that 44% of businesses are looking to hire full-time employees and 51% are planning to hire temporary employees. But roughly half of all the hiring managers surveyed i.e.; 45% quoted that they are unable to fill the much-needed positions due to the dearth of qualified talent.

To succeed in this candidate-oriented job market, it is important for recruiters to come up with a different hiring strategy. One way to do that is by adapting their current hiring strategy based on latest trends.

In this blog we will discuss some of the current recruitment challenges, find out the latest hiring trends, understand what experts have to say about recruitment in 2018 and finally offer some tips on taking your recruitment to the next level. And we will pepper the way with dollops of data from various researches and surveys conducted across the globe.

Current Recruitment Challenges

In the year 2018, recruiters will look to revamp their hiring efforts in order to fill both temporary and full-time positions. But low unemployment coupled with increased awareness amongst candidates about the employer brand will make recruitment a very candidate driven market. Recruiters will then have to be better prepared to deal with these formidable challenges:

Talent Shortage

Talent Shortage will become one of the biggest hurdles faced by recruiters in 2018. Finding top quality talent will remain the key recruitment goal.

42% of employers are worried they won’t be able to find the talent they need.

Approximately three quarters (72.8%) are struggling to find relevant candidates.

86% of the most qualified candidates for your open positions are already employed and not actively seeking a new job.

40 percent of employees surveyed said they plan on changing jobs in 2018.

*Talent Now

Some very interesting trends and statistics that many recruiters are facing. If you want to find out about a cost effective, quality driven recruitment service then Chamber Recruit is the perfect option. Please click here to find out more or contact professionalservices@gmchamber.co.uk