Planted, Inc., a smart career platform that matches top business talent with innovative and growing companies, has released its first annual Talent Trends report to help companies understand what jobseekers really want out of their next opportunities in a competitive hiring market.
The United States unemployment rate has reached its lowest levels in a decade (3.6% as of April 2019), which has made hiring top talent an increasingly competitive process. At the same time, many companies have become well-known for their headline-grabbing perks and emphasis on flexible work options. Planted surveyed over 1,000 candidates on their platform to find out how they really felt about these trends, including what they'd value the most at their next job and if they'd take a pay cut to work remotely.
Apart from the data, Planted's 2019 Talent Trends report also includes actionable takeaways to help companies gain a competitive edge in the hiring process, from how to write a more compelling job description to putting together the perfect benefits package.
Planted's report revealed some surprising findings, including:
- 54% of jobseekers believe that they aren't being paid fairly, while 23% aren't even sure that they are being paid fairly at all
- 70% of candidates are willing to take a salary cut to be able to work from home
- A majority of jobseekers want perks that give them a sense of ownership versus "fun" perks like free food and pet friendliness
Planted launched in 2015 and has since helped thousands of organizations, from startups to nonprofits to Fortune 500 companies, grow their teams. "It's our mission to help companies and candidates reach their goals by demystifying the hiring and job search process," says co-founder and CEO Susan Zheng. "We're thrilled that our 2019 Talent Trends report adds another layer of transparency and insight for people sitting on both sides of the table."