Ninety-five percent of recruiters surveyed say they are confident they can find the right candidate for open positions and three-fourths (77 percent) consider active candidates to be high quality. Despite their confidence and a deep talent pool, 71 percent of recruiters say they struggle to fill a position because of candidate skills gaps. In fact, many recruiters (85 percent) agree that candidates exaggerate skills and competencies on their resume. While these candidates look good on paper, recruiters need to adjust expectations to consider candidates with most or some (70 percent) of the necessary skills to find the right fit. These were among the insights gleaned from the recent online global survey of more than 1,700 recruiters conducted by Monster, a leader in connecting the right people to the right jobs.
While recruiting techniques haven’t changed dramatically since last year’s State of the Recruiter survey, a shift is coming. As Gen Z enters the workforce, recruiters will need to continue adapting their recruitment strategies. To better understand how to be successful in engaging this generation, recruiters need look no further than their millennial peers, who are more poised to handle recruiting the next generation of candidates.
According to Monster’s 2019 State of the Candidate survey, 94 percent of 18 – 24-year-old candidates—or Gen Z—agree that a video of a recruiter would help them better understand a job opportunity. The survey also found that 18 – 24 years old’s believe that video will play a role in the job search process in the future through video calls with recruiters/potential employers during the interview process (43 percent), job descriptions (32 percent), and application submissions (31 percent). Interestingly, the State of the Recruiter survey found that millennial recruiters are ahead of the curve and more interested in using video in the job search process as compared to their Gen X and baby boomer peers—including interviewing candidates live via video (92 percent for millennials vs 88 percent for Gen X vs 78 percent for baby boomers), video job descriptions (90 percent vs 85 percent vs 70 percent) and receiving video applications from candidates (91 percent vs 84 percent vs 73 percent).
Additionally, millennial recruiters, compared to their Gen X peers, are more likely to say social media advertising is an effective tool for recruitment (79 percent vs 66 percent) and more likely to always use social media advertising to find candidates (41 percent vs 34 percent). Although recruiters continue to rely on the in-person interview (46 percent) to determine if a candidate is a right fit, there appears to be a generational shift away from the in-person interview with millennials placing the least amount of emphasis on it (38 percent compared to 52 percent for Gen X and 68 percent for baby boomers).
“Today’s tight labor market is making it increasingly challenging for organizations to find and hire outside talent that has all of the necessary skills and is the right fit. Upskilling is critical to not only retain top talent but also to attract qualified candidates from competitors. Companies need to evolve how they view the role upskilling plays within their own organization. Further, it’s crucial that recruiters think about the impact the skills gap has across generations. Millennials, in particular, have been most affected by job and workforce evolution over the last decade, to the point that they can no longer rely on their previous education to prepare themselves for future success. We understand how important it is that companies like Monster understand both sides of the employment market to better help both sides find the right fit.”
Scott Gutz, Chief Executive Officer, Monster
Additional findings from the 2019 State of the Recruiter survey include:
“For recruiters to be effective, the industry must continue to adapt to the needs of both candidates and employers. The reality is that the skills and generational gaps will continue to widen in the years to come. But by focusing on addressing those challenges today, companies will be able to not only identify top talent but also retain and grow their existing employee base,” added Gutz.