April Insights Now Available: Download the Index Report Today
As the labor market continues to reel, leaving room for much speculation, no one better understands the current landscape than the talent experts on the front lines.
Recruiter Index™ is a treasure trove of information for Talent Acquisition professionals navigating today’s challenging job market. This monthly report offers an in-depth analysis of the labor market and candidate sentiment, revealing valuable insights that can help recruiters make informed decisions in their roles.
Whether you’re a seasoned veteran or a newcomer to the industry, the Recruiter Index™ April report is a must-read for anyone navigating the latest Talent Acquisition landscape.
Keep reading for a sneak peek inside the report, plus your free downloadable link!
Every month, Recruiter.com surveys its network of 30,000+ independent recruiting and Talent Acquisition specialists to better understand the challenges and opportunities facing the industry.
The April 2023 Recruiter Index results show that while recruiter sentiment held steady, candidates sentiment witnessed a slight decrease. The top salary range recruiters are currently recruiting for is $40K-$80K while working on an average of 12 roles.
Recruiters have reported that of the candidates they are speaking with, 50% have had two jobs within the past two years.
Job Market Overview
The average recruiter sentiment held steady in April at 3.5, remaining at the highest level of the year so far. However, this is only half of the story for many on the front lines of hiring. The average amount of roles recruiters are working on per month increased from 9 to 12, which could contribute to the ongoing conversations surrounding recruiter burnout.
Candidate sentiment, or how open candidates are to new jobs, decreased in April from 3.6 to 3.5, continuing to hold relatively steady throughout the year. The number of recruiters claiming applicant volume increased witnessed an 18% decrease. The number of recruiters who reported volume remained the same increased by 270%.
When it came to candidate priorities in April, work/life balance was named the number one priority after falling short of compensation in March. Following work/life balance (23% was compensation (19%), and opportunities for new experiences (19%) – which witnessed a 58% increase this month.
Management was the number one reason employees were leaving their current positions (38%), but compensation remains close behind at 32%. This isn’t new rhetoric, but it certainly helps cement the need for conversations around company culture and compensation averages during the hiring process.
We asked recruiters across all verticals to identify the top three industries where demand for talent was highest in April. The industries witnessed a big reshuffle as Sales claimed the number one spot, with 12 % of recruiters naming it the most in demand.
Following Sales is Medical / Healthcare (11%) and Information Technology (10%), which witnessed a 15 percentage point decrease in April.
Download the Full Report
In total, 112 U.S.-based recruiting and Talent Acquisition professionals participated in the April 2023 Recruiter Index survey. Participants were predominantly drawn from active recruiters on Recruiter.com’s platform and from the Recruiter.com Network, a LinkedIn group composed of recruiting, HR, and Talent Acquisition professionals from around the world.
Take the survey to get your copy of the report now ! No one knows what’s happening on the ground in the talent market, like recruiters and HR and Talent Acquisition professionals. In a time of great change, we’re asking for your reports from the front lines.