Recruiter.com Group Inc, a sector leader in on-demand recruiting solutions, said its Recruiter Index for February shows that the job hopper economy is in full swing, with 26% of recruiters reporting that many of the candidates they were looking at had three jobs over the past two years.
Announcing the latest results of its Recruiter Index, the company noted that the "quits" rate for January, 2022 stayed 20% above the 2019 average.
“We are seeing the companies - that are financially able to - instead of making three hires, go make four hires, knowing there's going to be a job hopper among those four," said Evan Sohn, CEO of Recruiter.com.
READ: Recruiter.com says Recruiter Index for January reveals candidates continue to prefer remote working
Recruiter.com noted that candidate sentiment, a measure of how open candidates are to new roles, and the average recruiter sentiment, how recruiters feel about the current job market, both witnessed a decline this February.
Although recruiters aren't feeling great about the current job market, the company said the number of roles recruiters are working on saw a sharp increase in February, up to 21 from 14 in January.
Meanwhile, the number of remote roles recruiters have been working to fill continues to increase, claiming more than half the roles recruiters are working on (53%). Remote work also continued to be the number one priority (30%) for candidates when evaluating new opportunities, followed by compensation (21%) and work-life balance (19%).
When asking recruiters what they felt was the main reason employees are leaving their jobs, it said management snagged the number one spot (35%). Compensation (25%) and remote work (22%) were the runners-up.
“Recruiters and talent acquisition professionals continue to be one of the most in-demand industries as the volume of employees seeking new opportunities rises, claiming the number four spot behind architecture/engineering, automotive, and apparel/fashion,” the company added.
When recruiters were asked what roles they see the most demand for, the top 10 recruiting roles included:
- Architecture/engineering: 29% (+6% from January)
- Automotive: 27% (+15% from January)
- Apparel/Fashion: 20% (-3% from January)
- Recruiting/Staffing: 20% (+9% from January)
- Accounting/Auditing: 19% (-1% from January)
- IT/Software Engineering: 18% (+3% from January)
- Business Services: 15% (+10% from January)
- Medical/Healthcare: 11% (-5% from January)
- Hospitality: 4% (+3% from January)
- Sales: 4% (+1% from January)
Recruiter.com is an on-demand recruiting platform providing flexible talent acquisition solutions that scale from startups to the Fortune 100. With an on-tap network of thousands of recruiting professionals, advanced artificial intelligence sourcing software, and recruitment marketing automation,Recruiter.com helps businesses solve today's complex hiring challenges.
Contact the author at stephen.gunnion@proactiveinvestors.com