Lexman. Posted March 7, 2020 Posted March 7, 2020 The tech industry is constantly evolving, and changing technology needs also means changing hiring needs. A recent report found that the current drivers behind hiring initiatives are: big data and analytics (5o.4%), cloud computing (46.9%), artificial intelligence (36.9%), process automation (36.7%) and customer engagement (27.6%). The HackerRank Tech Recruiting Benchmark report is based on responses from 5,297 tech hiring leaders, and aims to see how teams are approaching tech hiring. “As companies’ tech initiatives shift, so must the technical teams that build them. And that requires agile, adaptive hiring teams to keep up with tech hiring demands. Keeping a close eye on key benchmarks—like evaluation time investment, time-to-hire, and more—ensures that your team manages the transitions smoothly,” HackerRank wrote in the report. The report also found that the average requisition per recruiter at smaller companies (1-999 employees) was 8 and the average requisition per recruiter at larger companies (1,000+ employees) was 12. HackerRank believes that larger companies have higher average requisition loads because they have access to more tools and more personnel support so they can spend more time recruiting and less time on administrative tasks. More isn’t always better when it comes to recruiting though. According to the survey, those handled over 20 requisitions at a time had an average time-to-hire of 45 days. Recruiters handling 1-4 recruits had an average time-to-hire of 29 days. “So those handling fewer concurrent requisitions—most commonly, at smaller companies—have the upper hand when it comes to agility,” HackerRank wrote. 1
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