The recruitment stats that matter

What’s happening in recruitment? How the latest recruitment stats can help you as a job-seeker – and why this is also relevant to anyone looking to recruit for their team…

You may have seen us mention the importance of knowing what’s going in the wider employment market. This sort of information can help you make the right choices for your career, along with gathering more specific data regarding the local market and your chosen industry.

Employers can also benefit from these stats, which can help inform recruitment decisions from salary offerings to interview process considerations.

With this in mind, we thought we’d share a selection of facts from a recent Onrec piece.

UK Recruitment stats – what’s happening in 2019…

  1. Job application figures have risen by 15.9% since 2018. Southern regions have seen the biggest increase. This means you may observe greater job-seeker competition in your industry; all the more reason to prioritise your job search approach (and CV)!
  2. Salaries for new job roles have increased by 17.7% in the most recent quarter, which may explain some of the more recent surges in applications.
  3. UK pay growth as a whole has risen by 3.1%, which is the highest rate in ‘almost a decade’.
  4. National employment is at a record high – 32.69 million people are now employed. This is 282,000 more than in 2018. This poses a challenge for employers who eagerly trying to source candidates with the relevant skills-base. This may offer an opportunity for job-seekers, however, there’s still a responsibility to highlight your skills effectively.
  5. The sectors which have received the biggest increase in applications include the charity sector (72.3%), hospitality (45.7%), IT (36.3%) legal (33.6%) and electronics (26.7%).

Plus…

  1. It’s the arts & entertainment industry that’s observed the biggest increase in job vacancies (up by 12.4% since 2018).
  2. 40% of employees are neglecting other non-work ‘aspects of their life’ due to a ‘demanding work culture,’ risking potential mental health troubles. This has become an increasingly common topic over recent months, with many employees nearing ‘breaking point.’ It’s important for everyone to think about how they’re spending their time in and out of work.
  3. Flexible working may be the future. 70% of small companies say they have ‘some form’ of flexi-working available. Plus 73% of employees believe this has increased their job satisfaction levels. In reality, however, it appears that many flexible working requests are still being denied.
  4. The average ‘job interview process’ stands at 27.5 days – almost a full month.
  5. 75% of candidates take the time to research a prospective employer via websites, social media and company reviews, which has caused many employers to increase their efforts in these areas. This knowledge should also serve as a nudge to the 25% of job-seekers who are not making such an effort!

Please call the office on 01225 313130 for further recruitment advice. You’ll also find the latest job opportunities listed here.