>>Roles in Engineering Top the List for Slowest-to-Hire

Roles in Engineering Top the List for Slowest-to-Hire

The Waiting Game

Roles in the Project Management, Research, and Engineering fields are top of the list for slowest-to-hire, with a median time to hire of 47-49 days. The quickest to fill? Roles in customer service, accounting, auditing, and administration with a median time to hire of 33-37 days.

Staffing Firms Forecast Double Digit Annual Revenue Growth

Per the “State of the Staffing Nation” report from Sense, over 50% of staffing firms expect between 10% and 30% annual revenue growth in 2021 over 2020. A tiny 2.3% of firms expect no growth at all. Almost 20% (18.6%) expect revenue growth of over 40%. The report also found that 66% of firms named “time-to-fill” as the most important performance metric to watch over the next year.

U.S. Jobless Claims Reach a New Low

When looking at the week ended August 14, U.S. jobless claims hit a new pandemic low. Claims were down 29,000 to reach 348,000 (down from 365,000) the week prior.

Part-Time Job = Full-Time Flexibility

Jobs with part-time and flexible hours are up 60% year over year with almost 2 million jobs available. The analysis by PeopleReady found that parents benefit from this increase.

Some of the most in-demand part-time jobs with flexible hours include:

  • Retail associates
  • Warehouse team members
  • Personal shoppers
  • Inventory associates
  • Servers
  • Hosts/hostesses

It’s All About Balance

Creative professionals value work-life balance over most other aspect of a job, with 75% listing it at the top of their list when looking for a new job (data from Cella). A whopping 90% are wanting to work remotely at least part of the time and listed remote work as the most-desired perk. Almost half (40%) are thinking of leaving their current company and 51% stated they would snap up the first opportunity they had to make a lateral move. Poor leadership and management and toxic environments topped the list of concerns surrounding their current roles.

Per a report by FlexJobs, about 70% of workers would think about switching career tracks with another 19% willing to change careers for an “amazing opportunity” with better work-life balance and increased pay. A paltry 5% stated they are currently happy in their profession.

Nurses Fielding 5-Digit Hiring Bonuses

In some areas, nurses are being offered hiring bonuses up to $20,000. The hope is that increasing the pay will increase retention in this tight labor market. Over the last 18 months, one hospital has spent $8.5 million on pay raises to keep nurses on staff.

By |2021-08-19T22:23:55+00:00August 20th, 2021|Categories: Talent Acquisition Trends|Comments Off on Roles in Engineering Top the List for Slowest-to-Hire

About the Author:

Erin Geiger is a seasoned Content, Editorial, and Product Engagement professional with two decades of experience creating content as well as overall content direction and strategy. Her background stems from a variety of online verticals ranging from start-ups to Fortune 500 corporations.