Job seekers are sending out 40% more applications than they did last year at this time, according to Rand Ghayad, head of economics and global labor markets at LinkedIn. In one recent survey of 1,200 U.S.-based employees conducted by the hiring software company Greenhouse, though two-thirds of respondents overall reported having been ghosted after a job interview, candidates from historically underrepresented groups faced a 25% higher chance of being ghosted when compared to white candidates.Ĭandidates frustrated with the rigamarole are applying to more positions, creating a vicious cycle in which the job market is even more saturated with applications and employers turn to software to sort through these applications that lengthens the process even more. “Make no mistake, the hiring market is not going to get easier any time soon,” said Jim Sykes, global managing director of client operations at AMS, in a statement.Ĭompanies’ commitment to diversity, equity, and inclusion appears to be gone too, with Black job seekers having particularly bad experiences. ![]() The amount of time it takes to hire a new employee reached an all-time high of 44 days in early 2023, according to a report released this month by the Josh Bersin Company and AMS, a workforce solutions firm. None of this, Cappelli says, means employers are getting better candidates, but it has lengthened the time it takes to hire. Companies who laid off human resources staff are now delegating interviewing and hiring to line managers who aren’t familiar with the process. Meanwhile, as companies prioritize equity, they’re getting more people involved in the hiring process, inviting upper-level managers and the peers of a would-be colleague to weigh in, which adds time. ![]() But the proliferation of these interviews just gives companies a lot more content to sort through. The pandemic increased the use of one-way video interviews, in which applicants are asked to record a video of themselves answering a list of pre-set questions, because interviews couldn’t be done in person. But it’s not just the economy causing companies to change their hiring processes in ways that make them take longer, says Peter Cappelli, a management professor at the Wharton School of the University of Pennsylvania.
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