Going into 2023 – Are Candidates in the Driver’s Seat?
With talent shortages across all sectors, are talented candidates now in the driving seat? The UK Government announced this week that workers are now able to request flexible working requests from day one of their employment. Additionally, recent reports found that candidates are 46% more likely to say no to a role if they receive a “bad” candidate experience.
Why is this happening?
The pandemic was a massive wake-up call for many professionals dealing with mental health and personal issues outside of the workplace. This meant a shift in priorities in their work life. In a recent survey conducted by Gallop, 61% of employees noted that work-life balance and employee well-being are essential to them. Furthermore, 58% stated that they want a role that plays to their strengths and allows them to do what they do best.
The UK is currently facing an unprecedented talent shortage with ManpowerGroup noting that 78% of employers struggle to find the talent they need to fill their open roles. Thus, highly skilled workers are able to demand better pay and improved work-life balance from employers who are struggling to recruit.
In short, talented professionals now hold a much more powerful position in the employee-employer relationship mix due to the demand for talent being at an unprecedented high.
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