What over 90k Global Jobseekers Want You to Know
The war for talent is still on
Despite economic uncertainties ahead, businesses around Asia are still grappling to fill the talent gap in the labour market - talent shortage is real.
What do respondents really want in the jobseeking process?
To find out, SEEK Asia, Boston Consulting Group (BCG), and The Network collaborated on a global talent survey involving over 90k jobseekers, across 160 countries. Malaysia is represented by 5,505 respondents.
"If the offer is attractive, the recruitment process doesn’t matter - FALSE"
The survey addressed the gap between jobseekers and employers to give the latter better clarity – it delves deep into the hiring process by asking jobseekers:
How frequent they are approached with job offers
How do they perceive their negotiation power
What’s their preferred working arrangement - remote, in-office, or hybrid
What matters throughout the recruitment process
All these questions have unearthed strong insights to boost hiring strategies.
"Once the offer is sent, companies just need to wait - FALSE"
Talent is in demand and they know it
Employers by now should accept it’s an employees’ market. The figures are sobering - 75% of jobseekers are approached with job opportunities multiple times a year, in Malaysia, 16% of them are approached on a monthly basis.
What candidates want from you?
Money and work-life balance are the top deal breakers, but companies should look closely at other factors as well. Compared to their global counterparts, jobseekers in Malaysia care more about retirement benefits and paid time off when accepting an offer.
SEEK Better with the Future of Recruitment Report
With shifting candidate perceptions towards work, reaching a mutually beneficial arrangement is getting harder, but not impossible. There’s a wealth of insights that could help you hire better and faster in our Future of Recruitment Report. Download for FREE now.