Welcome back! We hope that you enjoyed a wonderful summer with family and friends.
As detailed below, the fall hiring season can be as challenging as it is critical to your company’s near and long term success. Regardless of whether your hiring needs for the fall are planned or come by way of unexpected attrition (Andrew Luck, anyone?) or use-it-or-lose-it budgets, hiring right is a must.
If you’ve worked with Digital Talent Recruiters in the past, you know that we rigorously collect, analyze, and apply data in identifying meaningful hiring trends, providing useful insights to our clients, and solving their talent acquisition challenges.
As such, and without further ado, we hope that you find the following fun facts about the fall to be of use to you and your team.
- The fall hiring season, consisting of September and October, trails only January and February as the most active time of year for acquiring new talent. In fact, September is the second busiest month for hiring behind only January.
- In spite of its strong demand, the fall hiring season often features greater push-back from prospective candidates due to timing. With the fourth quarter push and year-end bonuses right around the corner, landing your next superstar in the fall will often require hiring companies to be flexible in terms of start dates, accommodating of vacation requests as well as creative in regards to compensatory signing bonuses.
- Going the extra mile for your fall new hires often pays dividends as those hired in September and October represent the best long-term (3+ years) retention rates.
- The onboarding process for fall new hires tends to be abbreviated as companies are in crunch time. Interestingly enough, our 6-month surveys indicate that those hired in the fall are not only graded among the highest performers but also represent some of the highest job satisfaction scores. Win-win!
- Speaking of crunch time, the fall season’s increased sense of urgency and prospective candidate push-backs put to the test our spectacular “time to deliver winning candidate” average of 6 days. That said, we’re all hands on deck throughout the fall in order to ensure the level of service and quality of outcomes that you’ve come to expect. That’s a fact!
Wishing you all the best as you leave the summer behind and get back into the swing of work. If we can be of assistance, please do contact us at your convenience.
