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Earlier a skill used to be relevant for 2-3 years but now remains in demand for only six months. So, keeping track of necessary current and future skills is important for all recruitment professionals to hire the right person for an open position.
According to OpenView’s 2022 State of SaaS’s Talent report, the cost per hire has increased by 20%, days-to-hire has increased by a whopping 91%, and companies are seeing a rise in expectations in compensation. In such a situation, companies are turning to SaaS recruitment software to cut down hiring costs and efforts.
According to the latest Indeed research, recruiting technical talent is challenging for 86% of employers, while 36% claim it to be ‘extremely’ challenging.
According to research, 70% of companies intend to hire on campuses. More recruiters are approaching colleges to find top talent as the labor market tightens. So many businesses, start-ups, and SMEs invest in campus recruiting software to receive an end-to-end recruitment solution for all their needs, such as online promotion, candidate registration, bias-free assessments, and job posting.
Market research evaluates and segments the worldwide developer population at 24.5 million. This number is estimated to reach 28.7 million in the upcoming years. Moreover, with the great migration, there is no dearth of candidates, but finding the right ones for you can still be an uphill task.
Mercer Mettl is a comprehensive online skill assessment tool that helps organizations streamline the hiring process. This talent management tool offers assessments in various skills such as psychometrics, IT, data science, human resource, etc. Moreover, the platform also provides an upskilling portal for existing employees to enhance their agility and deploy the latest skills.
Did you know each bad hire can impede the growth of an organization by 5%? Therefore, investing in the wrong employee is the costliest mistake recruiters can make!
