According to new research by human capital advisory firm The Josh Bersin Company, time to hire is increasing across “almost all roles.”
Time to hire rose by a full day in the first quarter of 2023, to 44 days, from 43 days.
The research indicates there is a “widening gap between easy to fill and difficult to fill roles,” with some jobs filled in just 14 days and others vacant for 2-3 months or more.
The sectors with the highest average time to hire are energy & defense and professional services, attributable to the fact that both sectors have a high degree of specialization of roles and small talent pools available.
Energy & defense companies took over 67 days to replace a specialist in 2022, and that number is expected to rise this year.
Professional services firms are also well above the average time-to-hire at 47 days.
Read more via The Josh Bersin Company
According to new data from Experis (Manpower), most IT organizations continue to report “difficulty hiring the talent they need with the skills they covet,” and increasingly, IT organizations are turning to AI and other technologies to assist in the recruiting process.
78% of IT organizations report having difficulty finding talent with the right skills.
IT organizations are increasingly adopting or planning to adopt the use of emerging technologies in their recruiting processes. These technologies include: AI/conversational AI (35% adopted, 36% plan to); machine learning (38% adopted, 34% plan to); and virtual reality (30% adopted, 35% plan to).
Read more via Manpower Group
According to a new FlexJobs survey, workers say poor work-life balance is the top reason for resignation. FlexJobs surveyed 2,600 people, all of whom were currently employed.
42% of respondents said they were “actively thinking about quitting their job.” 20% of respondents said they had recently quit.
The most commonly cited motivator for resignation was poor work-life balance (29%), followed by low or unfair pay (28%), a toxic culture (27%), and a feeling that they were disrespected or undervalued (26%).
When the same survey was conducted in 2022, toxic culture was the primary driver of resignations.
58% of respondents said they were “actively trying to make a career change.”
Asked what would prompt them to consider a career change, remote work options (50%) led the way, followed by higher pay (48%), improved work-life balance (46%), more meaning or fulfillment (40%), expanding their skillset (30%), and lack of advancement opportunities in the current career (28%).
“It’s not surprising at all to me that among the top factors for people wanting to quit their jobs or change careers is seeking better work-life balance and wanting remote work options. This theme has been strong among job seekers for many years and post-pandemic, it has only strengthened."
Read more via FlexJobs
According to the American Medical Group Association’s 2023 Clinic Staffing Survey, medical groups and health systems are seeing some increased staffing levels, but staffing “remains a challenge.”
According to the survey, staffing appears to be stabilizing after the past few years, though support roles including nurses and medical assistants “remain in a downward trajectory.”
Medical groups and health systems reported a median 10% increase in staffing costs from 2022 to 2023.
Staffing problems have been somewhat ameliorated by both technology and financial incentives.
88% of medical groups are offering referral bonuses, up from 83% in 2022.
78% of medical groups are offering signing bonuses, an increase from 69% in 2022.
91% of practices are using an online patient portal and 66% are using self check-in terminals or kiosks for patient visits.
“Medical groups are in unchartered waters, trying to navigate the unprecedented impact of staffing challenges that emerged from the pandemic and are ongoing.”
Read more via Medical Economics, AMGA 2023 Clinic Staffing Survey
