In the fast-paced world of recruitment, understanding candidate expectations and frustrations is vital for attracting top talent and providing an exceptional hiring experience. Cronofy’s highly anticipated third annual “Candidate Experience Report 2023” sheds light on the evolving preferences of candidates and the role of technology in shaping the hiring journey.
By surveying 6,500 candidates worldwide, Cronofy aims to empower recruiters with exclusive insights and data to enhance their processes and create a positive candidate experience.
The report highlights the significant impact of technology on candidate behavior, with shrinking attention spans and an increasing need for quick results. As the job market is projected to see 20 to 50 million additional jobs by 2030, understanding what candidates desire and expect from the hiring process becomes paramount to filling roles efficiently.
Central to Cronofy’s mission is the belief that candidates deserve respect for their time and a sense of value throughout the recruitment journey. By streamlining repetitive administrative tasks, recruiters can redirect their efforts towards areas that have the most significant impact on the overall hiring process.
- Expectations for Interview Scheduling TimeframeIn 2023, 40% of candidates now expect the interview scheduling process to take no longer than six days after applying for a job. This percentage has increased from 30.5% in 2021 and 33% in 2022. Candidates’ growing desire for quicker scheduling reflects the changing pace of the digital era, where immediacy is a prized commodity.
- Importance of Responsiveness in the Hiring ProcessFor candidates in the UK and the US, responsiveness during the hiring process has become increasingly crucial. In 2023, 52% of UK candidates and 56% of US candidates emphasized the importance of timely communication. This is a notable increase from 2021 when the figures stood at 43% for the UK and 47% for the US, and 2022 when it was 40% for the UK and 55% for the US.
- Frustrations with Lack of CommunicationThe report reveals that 41% of candidates find the lack of communication to be the most frustrating aspect of the recruitment process. This percentage has surged from 24.75% in 2021 and 36% in 2022, underscoring the significance of clear and regular communication between recruiters and candidates.
The “Candidate Experience Report 2023” underscores the importance of leveraging technology to meet candidate expectations and provide a seamless and efficient hiring experience. By embracing innovative tools and platforms, recruiters can foster better communication and prioritize candidates’ needs throughout the recruitment journey.
Adam Bird, CEO of Cronofy, introduces the report and highlights the key findings in a video, emphasizing the critical role of technology in creating a positive candidate experience.
As the job market continues to evolve, staying attuned to candidate preferences and frustrations will be crucial for recruiters seeking to attract top talent and stay ahead in the competitive talent acquisition landscape.
Cronofy’s “Candidate Experience Report 2023” provides valuable guidance for recruiters, paving the way for a more efficient and candidate-centric recruitment process in an ever-changing world.