NEW YORK, June 8, 2017 /PRNewswire/ -- A record number
of hiring managers in the U.S. anticipate more hiring in the next
six months, according to the semi-annual hiring survey from DHI
Group, Inc. (NYSE: DHX), a leading online career resource and
talent acquisition platform for technology professionals and other
select professional communities. The expected rise in hiring comes
at a time when unemployment is low and demand for skilled
professionals is high, driving competition in the recruitment
market amongst employers.
Today, 65 percent of hiring managers expect more hiring, three
percentage points above June last year. The uptick in expectations
for this year comes after a dip just six months ago when 56 percent
of hiring managers who recruit for a variety of professionals
anticipated adding more employees to their organizations.
"The survey last year hit during a tumultuous political season
in America and prior to the election of Donald Trump as president. It would seem that
whatever concern was paralyzing employers' hiring earlier in the
year has since abated," said Michael
Durney, President and CEO of DHI Group, Inc. "Now, it's a
hurry-up-and-wait situation; hiring managers are combating lengthy
fill times as professionals ponder choosing the ideal employer.
Recruiters are needing to employ creative tactics to attract
skilled candidates."
Almost half (46%) of hiring managers note the time to fill open
positions has lengthened relative to last year, primarily driven by
the inability to find qualified candidates (47%) and becoming more
discernable while waiting for the perfect match (28%).
DHI Group's proprietary labor market report, DHI Hiring
Indicators, echoes this sentiment among employers. In April 2017 (latest data available), the DHI-DFH
Measure of National Vacancy Duration found the average job in the
U.S. took 30.5 days to fill, a record high and nearly a full day
above the previous high in April
2016.
"The time to fill open positions is at peak levels and the
pressure is on for America's employers. Offering competitive pay,
excellent benefits and employee perks is essential for any company
who wants to attract skilled tech talent," said Mr. Durney.
Recruiting budgets are expected to be more robust than last
year, according to 35 percent of respondents. Companies are
receiving the message on recruiting tactics, but not necessarily
regarding pay. More than half (55%) of hiring managers anticipate
salaries for new hires to trend upwards relative to last year;
however, that's dipped from the past two surveys (November and
June 2016) when 58 percent of
respondents expected higher salaries.
On the other hand, certain recruiting strategies are being
leveraged more frequently as employers are eager to get talent in
the door. The most common is more firms paying for relocation (53%
in May 2017, compared to 50% in
November 2016) and there's a rise in
companies offering employee perks like free lunches, snacks, gym
memberships and unlimited vacations (45% in today versus 44% in
November 2016) as a competitive
advantage—although today perks are the norm and any firm not
offering them are in the minority.
Sourcing and building a bench of talent continues to be a
priority for many companies, as 76 percent of hiring managers say
it's more important than a year ago. Many hiring managers broaden
their search (51%) beyond local talent when a position is difficult
to fill. Recruiters are managing expectations, too—only 26 percent
say they keep positions open until the perfect match is found, a
tick down compared to the 32 percent who said this six months
ago.
"In order for companies to get ahead, recruitment has to be
regarded as a continual process and they need to have an ongoing
conversation with prospects. Recruiters today know the best way to
be efficient is by understanding the talent they want to attract
and creating highly targeted messaging, like through Lengo, to
promote the employer brand," said Mr. Durney. "Employers who do
this will build value in their brand and assemble a solid pipeline
of star talent."
About the Survey
From May 22 through May 26, 2017, DHI Group,
Inc. surveyed U.S. companies, government entities and
recruiting firms from every region of the country who hire or
recruit a variety of professionals. Overall, 407 hiring
professionals responded with 55 percent identifying themselves as
working for companies that recruit for their own needs in sectors
such as healthcare, technology, energy, manufacturing, defense,
education and financial services. A third (32%) worked at companies
with more than 500 employees.
About DHI Group, Inc.
DHI Group, Inc. (NYSE: DHX) is a leading provider of data,
insights and connections through our specialized services for
professional communities including technology and security
clearance, financial services, energy, healthcare and hospitality.
Our mission is to empower professionals and organizations to
compete and win through expert insights and relevant employment
connections. Employers and recruiters use our websites and services
to source and hire the most qualified professionals in select and
highly-skilled occupations, while professionals use our websites
and services to find the best employment opportunities in and the
most timely news and information about their respective areas of
expertise. For more than 25 years, we have built our company on
providing employers and recruiters with efficient access to
high-quality, unique professional communities, and offering the
professionals in those communities access to highly-relevant career
opportunities, news, tools and information. Today, we serve
multiple markets located throughout North
America, Europe, the Middle East and the Asia
Pacific region.
Media Contact:
Rachel Ceccarelli
Director, Corporate Communications
212-448-8288
media@dhigroupinc.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/us-employers-expect-more-hiring-higher-recruiting-budgets-and-more-perks-300470698.html
SOURCE DHI Group, Inc.