Purchasing News Hubb
Advertisement
  • Home
  • Procurement
  • Supply Chain
  • Contact us
No Result
View All Result
  • Home
  • Procurement
  • Supply Chain
  • Contact us
No Result
View All Result
Purchasing News Hubb
No Result
View All Result
Home Procurement

Procurement Recruitment Blogs : Vacancy Numbers Still High

admin by admin
January 29, 2023
in Procurement


While the record-breaking vacancy numbers of last year have slowed, the UK is still in the midst of a skills shortage, with the latest data from the Office for National Statistics (ONS) showing that vacancy numbers are still historically high, despite signs of slowing month-on-month.

However, according to a study by leading background screening and identity services firm, Sterling, slow hiring processes are adding to these recruitment challenges.

According to the data – which comes from a global survey of more than 1,200 HR professionals and perspectives from more than 3,700 recent job seekers – half of the UK’s employers can’t find enough qualified candidates for the roles they have, with almost a third (29%) revealing that their direct competitors are beating them in the race for top talent.

The study also revealed that a significant proportion of employers are losing out to the competition due to slow hiring processes.

Of the jobseekers surveyed, 71% revealed that they had either dropped out or considered dropping out of their most recent recruitment experience.

The top three reasons cited for this were; the process was taking too long, it was too complicated or there were too many touchpoints.

Steve Smith, President International at Sterling commented, “While 2022 was a year of record-breaking vacancy numbers across the UK, the war for talent is still raging on.

“The UK still has a low level of unemployment despite the increase noted at the end of last year and skills shortages are being reported across a range of sectors and disciplines.

“In this environment, employers continue to report difficulties with recruiting the right people. But our data suggests that this issue is being exacerbated by lengthy and complex hiring processes.

“A well-thought-out candidate experience is crucial at all times, though the impact is certainly more noticeable when competition for talent is rife.

“A robust hiring process shouldn’t create barriers for applicants. It’s crucial that employers optimise the process to streamline everything from communication requirements and screening through to on-boarding.

“Technology does have a role to play in achieving this. The right tech helps to automate elements of the process and speed everything up. However, for those firms turning to tech to improve efficiencies, the candidate must be front of mind.

“How they interact with the technology has a direct impact on their view of your employer brand. If the software being used isn’t built with the applicant in mind, candidate dropout rates will likely remain high.”

Rupert Gaster, Founder & Managing Director of Procurement Heads, added, “It comes as no surprise that 29% of UK employers surveyed have revealed they are losing talent to competitors.

“I think this is why recruitment agencies are continuing to see such high demand for their services, with their deep networks and longstanding relationships with candidates.

“I also believe that the organisations currently partnering with professional recruitment agencies, like Procurement Heads, are reaping the benefits of a collaborative approach, with slicker hiring processes helping to mitigate businesses losing out in the race for talent.

“Something we have seen increasingly over the last 18 months is a shift towards more retained recruitment campaigns and the benefits these bring hiring companies.

“Retained campaigns show candidates you are investing in your talent acquisition processes and actively partnering with a professional recruitment agency, something that is really helping businesses to stand out in the market.”



Source link

Previous Post

A career in recruitment… – Procurement Heads

Next Post

UK supermarket chief accuses food suppliers of raising prices unnecessarily

Next Post

UK supermarket chief accuses food suppliers of raising prices unnecessarily

Recommended

Ai Group-backed report: Australia’s Defence supply chain at risk

August 29, 2022

Audit office review blasts Digital Transformation Agency’s procurement processes as “weak”

September 26, 2022

Don't miss it

Supply Chain

SAP Ariba: Vendor Analysis 2023 Update (Part 1) — S2C solution overview, market analysis, company SWOT, competitors

September 25, 2023
Procurement

The Power of Procurement Skills: Building a Resilient Business

September 24, 2023
Supply Chain

Protecting your supply chain against catastrophic events

September 22, 2023
Procurement

Evaluation of Supplier Size – Next Level Purchasing Association (NLPA)

September 22, 2023
Supply Chain

The Market Speaks: Procurement practitioner requirements and the tech vendor response — EcoVadis

September 21, 2023
Supply Chain

Barkers Gain Carbon Neutral Status for Second Successive Year

September 21, 2023

© Purchasing News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • Procurement
  • Supply Chain
  • Contact us

Newsletter Sign Up

No Result
View All Result
  • Home
  • Procurement
  • Supply Chain
  • Contact us

© 2022 Purchasing News Hubb All rights reserved.

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/