In the strengthening economy, more people are employed and skilled candidates are even harder for employers to come by. This creates a new reality for employers that are competing to find and attract the same in-demand talent.
How do talented people approach the job search today and what influences their decisions to change jobs? The recruiting industry has traditionally believed that to attract skilled workers, employers must be prepared to source “passive” candidates: people who are employed and not actively looking for jobs.
This distinction between active and passive candidates has informed how many companies approach their recruitment strategy, but new research reveals why very few people are “passive” about their career in 2015. The resulting report, Talent Attraction Study: What Matters to the Modern Candidate, will help talent acquisition organizations understand the vast opportunity to reach skilled candidates and the methods they can use to attract them.
Here are the key findings from an Indeed survey conducted online by Harris Poll in March and April among over 8,000 US adults:
1. Today’s workforce actively seeks opportunity
90% of employed adults hired within the past year took an action to find a job within six months prior to being hired for their current job. Among this group, 49% visited an online job site and 47% looked at opportunities on online job boards.
2. The job search is always on
71% of adults in or looking to enter the labor force say they are actively looking or open to a new job, and 58% of these same adults look at jobs at least monthly. And according to our own analysis, 65% of employed people look at new jobs again within the first three months of starting a job.
The research also showed that those who actively look at job opportunities are more likely to be younger and better educated.
3. Candidates believe it’s important to direct their own job search
Employed candidates are more confident in the jobs they find themselves, rather than jobs presented by a recruiter. 52% of employed adults think they would be more successful in a job they found on their own versus one they got from a recruiter or company that contacted them. 64% of employed adults say they would feel more confident that a job is the right fit for them if they picked the company and applied versus if a recruiter contacted them.
To get more insight on how candidates make decisions and actions employed people take to find their next job, download your free copy of the report, Talent Attraction Study: What Matters to the Modern Candidate.
Want to apply these findings to your own talent attraction strategy? Join our webinar to learn how this research can help you attract top candidates in the talent-driven economy.