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Home Daily Digest Workforce

Why The Hiring Process Matters In The War For Talent

A new survey by remote team builder Talent500 shows two of key factors that attract top talent: work-life balance and value alignment.

Aayat AlibyAayat Ali
July 11, 2022
in Workforce
Reading Time: 2 mins read
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Why The Hiring Process Matters In The War For Talent
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While an incoming recession and falling profit margins might deter companies from looking for new employees, the war for talent is fiercer than ever. 

As the global workforce transitions to a new normal, it has become critical for leaders to hire workers that make this migration as seamless as possible. 

Survey

A new survey of 5,000 tech workers conducted by remote team builder Talent500 shows two of key factors that attract top talent: work-life balance and value alignment.  

Following what some call “pandemic epiphanies,” 87% of respondents stated they were seeking to switch jobs in 2022 in order to have a position that supports their mental, physical, and financial health.   

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Additionally, the survey showed that tech workers have rejected jobs for three reasons: lack of communication, limited transparency in selection, and interview times.   

What this indicates is that job openings and lavish amenities no longer cut it — employees want the hiring process to reflect their desires too.   

In fact, 90% of respondents said that two to three rounds of interviews are ideal, while a Robert Half survey showed that 62% of prospects lose interest in a position when they don’t hear back within two weeks of an interview 

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Source: Forbes
Tags: BusinessHuman ResourcesWork-life Balance
Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

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