City Personnel
As we approach the new year, it’s crucial for employees, job seekers, recruiters, and hiring professionals to stay informed about the latest trends and insights in the field of recruitment. Lets delve into key statistics that shed light on the evolving landscape of recruitment, providing valuable insights into candidate preferences, technological advancements, and more.
Most people are projected to have an average of 12 different jobs throughout their working lives, highlighting the growing trend of career mobility and the need for adaptability in today’s job market. As more Generation Z employees enter the workforce in 2024, it is anticipated that this statistic will likely increase even further.
According to various sources, including a report by CareerBuilder, there is a significant trend of job changes among Gen Z individuals. Gen Z’s average length of stay in a job is approximately 2 years and 3 months, which is only 6 months less than that of Millennials. In comparison, Baby Boomers typically spend around 8 years and 3 months in a job, while Gen X averages around 5 years and 2 months.
The Lever Great Resignation report states that 65% of Gen Zers expressed their intention to leave their jobs. Additionally, 70% of the workforce are actively looking for a job change. This indicates a growing desire for personal growth, fulfillment, and improved job satisfaction.
According to research from HubSpot, a staggering 85% of jobs are now filled through networking, highlighting the importance of building valuable connections. In fact, CNBC reports that approximately 70% of job opportunities are never publicly published.
According to FlexJobs, a significant 51% of working professionals express a preference for fully remote jobs, while 46% favor a hybrid job that combines remote and in-person work. This statistic highlights the growing importance for employers to adopt remote or hybrid work models in order to attract top talent in today’s job market.
According to Express Employment, 40% of hiring managers use a combination of in-person and virtual interviews. The benefits of video interviews are numerous: they are fast, user-friendly, and eliminate the need for candidates to commute, making it a highly efficient and convenient option for both hiring managers and applicants.
Despite initial positive outcomes from flexible work arrangements for some employers, 33% have reversed plans for permanent virtual or hybrid models. Even CEOs who previously supported remote work, like Salesforce’s CEO, now openly criticize the push to return to office spaces.
The debate over returning to the office is ongoing, but an overwhelming 90% of companies plan to implement return-to-office policies by the end of 2024, with nearly 30% threatening to fire employees who don’t comply. Only 2% of business leaders said their company will never require in-person work.