We surveyed thousands of talent acquisition teams to understand how they recruit and how COVID-19 has impacted recruitment efforts. As you can imagine, the pandemic has caused most businesses to dramatically change their trajectory.
Overall, only 14.5% of businesses reported that COVID-19 has not affected recruiting, with 9% reporting new growth due to new demand, and the rest implementing hiring freezes, furloughs, and layoffs.
Only 5% of businesses over 10,000 employees reported no impact on recruiting, while 20% of businesses 1,000 – 5,000 employees reported no impact, and 14% of businesses < 1,000 employees said it hasn’t affected recruiting.
35% of respondents with more than 10,000 employees reported hiring freezes, followed by 24% for 1,000 – 5,000 employees, and 26% for < 1,000.
The group with the largest amount of layoffs was 1,000 – 5,000 employees sized companies (6%), followed by < 1,000 employees (5%), and no layoffs being reported in responders with over 10,000 employees (0%)
See the results of our survey below, but if you’d like to results specific to your employee headcount we’d be happy to share, just email us at [email protected] with your request.
What title best describes your role?
Number of employees?
What Applicant Tracking System (ATS) are you using?
What is your primary source for hires?
Do you offer an incentive for employee referrals?
What is your average % of hires from employee referrals?
Has the COVID-19 Pandemic affected your business?