Recruitment Trends in the The New Normal
Hiring activity remained very stable these past six months, with expectations that the stability will continue for another six.
Employers are currently hiring to accommodate new projects, and to a lesser degree, replace staff.
Permanent staff are the preferred option, though there's been a six-point increase in desire for contractors since March.
We've been tracking hiring activity for a while now. It dropped all the way down in September 2020, then started to bounce back in March 2021. Since then it has remained quite stable: the number of employers who have hired one or more employees in the last six months dropped only slightly, from 92% (March) to 89% (August). A further 84% expect to hire again in the coming six months.
For most employers, the reason behind their recent spate of recruitment is that they have new work/projects needing completed (75%). This was followed by the replacement of staff (69%), then an increase in demand of both IT within the organisation as well as from customers (44% each).
And which channels led to the most recruitment success? For 71% of employers, advertising / external promotion was most effective, followed by the use of a recruitment agency (65%).Internal promotions accounted for a reasonable number, 47%, with professional networks coming in at 35%. The clear majority of employers preferred permanent staff (84%) over contractors (16%), which indicates a slight increase in preference for contractors since our March report
(+6 percentage points).