BerniePortal Releases Recruitment Report 2020
Human Resources personnel at small and mid-sized businesses are struggling to find and keep quality talent, and inefficient hiring processes are putting those organizations at a recruitment disadvantage, according to the 2020 BerniePortal Recruitment Report.
Conducted by all-in-one HRIS BerniePortal and compiled by surveying HR leaders at US small and mid-sized organizations, the survey found that though businesses are struggling to find quality talent, most are not prioritizing a swift recruitment process.
As a result, quality hires are off the market too quickly for most small and mid-sized employers to find. Facing the lowest unemployment rate in nearly 50 years, the survey indicates that streamlining the hiring process presents a critical opportunity for HR leaders to improve recruitment and retention rates.
Key survey findings include:
- Hiring is a top priority– 51 percent of respondents said hiring was either their primary HR goal of one of several key HR goals for 2020.
- Though quality candidates are often off the market in days, 52 percent of respondents reported an average time to hire of between 15 and 30 days, and 12 percent reported taking longer than 45 days to hire.
- Despite facing challenges in finding quality applicants, just 26 percent are using an applicant tracking software solution.
- Keeping talent is nearly as important as finding it– more than half of the respondents said reducing turnover was a high or very high priority.
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