A specialist in video interviewing, AI-based assessments and text-enabled recruiting tools, HireVue conducted a survey of 2,000 hiring managers and jobseekers from firms with 500 or more employees, with 25% of them being from the UK.

The research indicates 48% of employers place greater emphasis on internal mobility and some 54% of employees are willing to take an internal transfer. This trend presents a solution for the 39% of hiring managers struggling to source suitable candidates for roles.

The report found 54% of jobseekers are open to transitioning to other roles within their current organisation. The report found top priorities for UK job hunters are: Work/life balance; Competitive salary; Career progression.

The global trends report found employers are opening the door to previously overlooked workers. Internal candidates top the list, as cited by 44%, followed by mature-age workers (41%) and workers on internship programmes (32%). However, barriers to internal mobility remain. The lack of technology for internal candidates is the main one, cited by 27%, while 24% lack internal mobility initiatives entirely.

To attract and retain talent organisations strive to become an ‘Employer of choice’. Most UK employers, or 58%, are increasing compensation, while 45% have added employee recognition programmes, and 41% have set budgets aside for learning and development allowances.

In 2023 the hiring process changed. UK hirers have less time and more roles to fill. The report finds the top 3 changes hirers want to see are: 1. Faster turnaround from first interview to offer; 2. Improved candidate experiences; 3. More increased internal promotions.

The report finds a staggering over 1 in 4 jobseekers reported being turned off by a bad interview. The hiring process, which for years has benefitted from video-only interviews, has now evolved to include new technologies. This shift comes with a growing recognition that effective communication throughout the hiring process is critical to securing top candidates. In fact, a significant 61% of candidates rejected job offers due to inadequate communication during the hiring process.

Organisations are also choosing to combine virtual interviews (70%), with job matching technologies (53%) to make the process more accessible to those working unsocial work hours, or those who would struggle to travel in person for face-to-face interviews.

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