A new UK job market report, reviewing data from June, shows half the number of jobs available in the UK compared to a year ago, and lower salaries on offer for those opportunities that do exist.
Not thrilling news for candidates looking for roles but for abundantly obvious, and deeply sad reasons the comparatively slim pickings on offer attract a lot of interest: double the number of applicants per vacancy on an annual comparison, with big month-on-month rises.
So it's easy to recruit right? Sit back and watch the applications roll in. If you were struggling to generate interest in Sales roles in Bristol in 2019 you will now find candidates beating a path to your door.
Recruiting teams should not take advantage; prioritise opening up capacity to review and respond to all applications and maintain focus on an excellent candidate experience. That approach will do more for your business in the long term.
“The rise in applications will be welcome news to organisations that have struggled to source top talent in recent years. However, the sad reality is that hundreds of thousands of people have been forced to look for a new role because of the pandemic... Try to give constructive feedback, communicate your hiring timeline and be as honest and open as possible with candidates.”