An offer acceptance no longer means your job is done
Half of all job candidates in Australia have backed out of an accepted job offer in the past 12 months.
The days of a candidate accepting an offer and the recruiter’s job being done are, it seems, behind us.
According to new research from Gartner, half of all candidates in Australia and New Zealand have backed out of an accepted job offer in the past 12 months.
That’s an astounding figure—and it shows just how difficult the recruitment task has become across the entire economy, with labour in such short supply.
Candidates will keep looking
Gartner’s research (based on a survey with 200 respondents), also found 35% of candidates were receiving four or more offers during their job search.
Of those who had accepted an offer, 47% said they were still open to other job offers despite accepting a job, and 42% said they felt if they continued looking, they could find a better job than the one they accepted.
Competition for talent is clearly fierce and candidates are looking at the entire package companies are offering them—not just the salary and the roster, but the culture, flexibility, and career pathways.
Does your employee value proposition impress?
It’s something MPI Mining Engineering Consultant Emma Lewin recently discussed in depth here, warning lip service was not enough to attract and retain candidates for mining jobs.
“You can’t just throw out buzzwords like collaborative and supportive and diverse,” she said. “It’s not enough. Candidates want to know what the expectations are from day one. Is there a structured onboarding plan? Will there be support and resources to upskill them in areas of development?”
Gartner found nearly 90% of candidates had exited a hiring process because the employee value proposition didn’t match their expectations.
MPI has almost 30 years’ specialist experience helping mining companies find the best candidates across every job category. Find out more here or get in touch today.