Lengthy recruitment process highlighted in market survey
Lengthy recruitment process highlighted in latest market survey
The length of time it is taking either employers to fill positions within their organisation or job seekers to secure employment has been the most significant trend to come out of the latest Parker Bridge Employer and Employee Insights Survey which surveyed both employers and employees within (predominantly) the Auckland and Wellington markets.
The survey, which found just 4.35% of employers find their next employee within two weeks. After four weeks, 63.04% of employers are still looking to hire, while 70% of job seekers remain on the hunt. 28.97% will still be looking for a job after 12 weeks.
Employers identified lack of specific experience as the main reason behind their recruitment difficulties.
Surveyed employers selected accounting roles as the single most difficult area to recruit. However, the highest percentage of responses were deemed ‘other’ and seen to fit outside of conventional categories.
Other interesting facts to come out of the survey included a very slim preference of employers (44.22%) towards tertiary educated candidates compared to 42.22% who ‘do not mind’. This margin of just 2.2% indicates a fairly equal playing field in terms of the value placed on qualifications, unless of course a professional qualification is required.
Furthermore, more than 40% of employee respondents are passive job seekers always on the look out for their next opportunity. 42.99% of employees indicate career progression and growth as the main reason for leaving their current job. This is followed by remuneration and company culture, equally gauged at 18.69%.
Advertising permanent opportunities is going to attract the highest number of applications – more than 85% of employees are looking for permanent positions or are open to any opportunity.
The platforms for engaging with the job market are mirrored across surveys. Seek is the top method for both finding opportunities and sourcing candidates, followed by recruitment agencies and then personal networks.
For more information regarding the Parker Bridge Employer and Employee Insights Surveys, including the most recent quarterly Salary Survey presenting a transparent account of remuneration within the current market, please visit: www.parkerbridge.co.nz/job-seekers/documents-resources
Parker Bridge is a multi award winning recruitment consultancy, dedicated to connecting employers with high calibre talent. Parker Bridge delivers temporary, contract and permanent recruitment solutions within accounting, finance, banking, IT, and executive and business support. As an industry thought-leader, Parker Bridge is renowned for successful recruitment of ‘hard to fill’ positions.