Members of Hire Quality Strategies had the opportunity to attend the webinar, "The Great Rehire and What Job Seekers Truly Care About." This webinar presented by CareerBuilder, Clearlyrated, and the American Staffing Association presented up-to-date data from the 2022 Job Candidate Study which surveyed about 1300 job candidates. Hire Quality Strategies is always trying to learn more about the trends within today’s job market.
We were excited to have this opportunity to understand more about what attracts candidates to a position as well as what keeps them at a position long-term. The leading reason a job seeker applies to a position is for the compensation. This supports the importance of offering fair wages to top-notch candidates. Job seekers are also more likely to apply for or accept a position that gives them a strong sense of job security as well as traditional benefits such as health insurance. The third most prominent reason why candidates are attracted to a job includes flexibility of schedule. The need for flexibility has increased significantly in the last two years especially with all of the changes that have occurred. Hand-in-hand with flexibility is also the opportunity to work remotely. The large push to WFH during the pandemic has changed the way employees view being in the office.
The webinar discussed the correlations between age of candidate and reasons for leaving a job position. Older candidates, in this case Baby Boomers, leave positions more often for a higher compensation than younger candidates. The number one reason for younger candidates, in this case Gen Z and Millennials, to leave a position is to find another with more opportunity to grow within a company. Mental health concerns rank equally between younger and older candidates.
Now, what helps keep candidates at a position? Actually, it’s the same things that originally attracted that candidate to the position. When job security is called into question, candidates will start looking for new positions where the stress of job security is diminished. Candidates also stay at a company if there is continuous flexibility in their schedules. One of the rising reasons for candidates to stay in a position is the positive impact their career has on the world. If a candidate feels as though what they are doing is truly making a positive impact, they are more likely to stay at a position long term. Performing job functions day-after-day that do not seem to make any type of impact pushes employees to leave their positions.
Partnering with a hiring agency means that your company will have access to knowledgeable recruiters who have a strong sense in what candidates are looking for. Using trends based on the study in the webinar, our recruiters are better prepared to help you in your candidate search! Staying up to date with current staffing studies helps HQS employees stay on top of the changes that matter. Happy hiring!