Internal Mobility: Your Secret Weapon During a Hiring Slowdown

Recruiter interviewing an internal candidate.

“Do more with less.” You’re sure to hear this phrase whenever uncertain economic conditions arise. Amid the current economic and hiring downturn, there’s a growing pressure in the talent community to maximize resources. However, the one opportunity that far too many talent teams brush aside is optimizing internal mobility.

The majority of employers (38%) say that they don’t market job opportunities to their own employees. It’s time to change that. Internal recruiting leverages existing talent to mold your hiring team into an agile unit, able to withstand anything that the landscape throws at them. It’s the epitome of “doing more with less.”

Better yet, with the lower cost of internal candidates, hiring from within allows you to fill crucial talent gaps when economic conditions make external recruiting less feasible. 

Here are six ways to enhance your internal mobility strategy and stay afloat during a slowdown in hiring.

1. Get Leadership on Board

Uplifting internal mobility is an undertaking that talent acquisition can’t do alone. Getting firm buy-in from leadership is crucial to an internal mobility strategy’s success. This buy-in allows for a culture of mobility to truly flourish throughout an organization.

When presenting this strategy to leadership, remember that leadership speaks in dollar signs and metrics. Ensure that you’re armed with solid statistics on why hiring internal candidates is a smart move for the company’s bottom line—especially considering current economic and hiring conditions.

Once you secure their endorsement, it’s time for leadership to lay the groundwork for your new mobility culture. They should inform employees that they are welcome to search for new career opportunities internally, and encourage managers to vocalize this same sentiment to their direct reports. 

2. Emphasize Learning and Development

Don’t expect for employees to apply to internal positions right out the gate. You need to do a bit of extra work to prepare employees for potential internal moves, and that means uplifting learning and development (L&D).

Making L&D accessible to employees allows them to gain the training and skills that are needed for specific internal roles that they desire. L&D can take a wide variety of forms, but mentorships and job shadowing are both great ways to prepare employees for any role changes.

3. Support Your Organization’s Managers

Seventy percent of talent acquisition professionals say that the biggest obstacle to internal recruiting is a manager who doesn’t want to let go of talent. We get it; it’s logical to not want to lose your best employees. 

However, an employee switching roles shouldn’t be viewed as a loss for a manager, but a win for a company. It’s crucial to educate managers on the value of internal mobility, such as improved cross-department collaboration and higher retention. 

Not all managers are resistant to internal mobility; some managers simply don’t know how to contribute to such an initiative. That’s why managers need sufficient support and training so that they know how to uplift their direct reports and prepare them for career changes.

4. Help Define Career Paths for Employees

So, you have employees who are interested in making internal moves, but they’re not sure which options are available to them—or how to move internally to begin with. That’s where the importance of defining career paths comes in.

Fostering transparency surrounding career paths makes internal mobility all the more accessible. To kick-start the process of defining career paths, empower managers to work alongside their direct reports and carve out custom paths and goals.

5. Shed Light on Lateral Mobility

A common misconception of internal mobility is that it always means climbing up the career ladder. However, that’s just not the case. Internal mobility encompasses both vertical and lateral moves. It’s important to clarify career opportunities for both.

Lateral mobility is commonly referred to as “role-to-role mobility,” where an employee moves to a new internal position with little (if any) changes to their compensation or career level. 

There’s just as much value in lateral mobility as there is in vertical mobility. Encouraging lateral moves enhances collaboration across departments and keeps employees continuously engaged in your organization’s opportunities.

6. Elevate Internal Mobility With Tech

No matter if you’re hiring internally or externally, candidates should experience an efficient and meaningful hiring process. The best way to live up to a candidate’s expectations and deliver a noteworthy hiring experience is by enlisting the help of your tech stack. Ever heard of GoodTime Hire?

Hire harnesses Candidate Relationship Intelligence to automate coordination, build relationships during interviews, and provide actionable insights to continuously improve your connections with candidates.


Schedule a demo to learn more about how Hire can transform your talent acquisition process.

Then, Now, and Beyond: What Matters Most in Talent Acquisition

Jenn Oswald, GoodTime's Head of People Strategy, experienced in talent acquisition.

In a fast-paced field like talent acquisition, the name of the game is simple: evolve or die. Talent teams can either keep pace with the ever-changing rules for hiring, or get left in the dust. 

The worldwide events from the past few years (COVID-19, anyone?) have revolutionized the ways that companies snag top talent. But here’s the question of the hour: amid all of the commotion in the talent acquisition industry, what really matters right now? And what will matter for talent teams in the future? 

We sat down with our Head of People Strategy, Jenn Oswald, to hear her thoughts on how we found ourselves at this current moment in the industry, where talent teams should focus their attention, and where the future of talent acquisition is heading.

Then: How Talent Teams Reached This Moment

Before we dive into the current state of the talent acquisition industry, let’s take a stroll down memory lane, shall we? 

The Pre-COVID Hiring Era

Jenn recounts how before the pandemic, the well-known, large companies typically had a major leg up on the talent competition, garnering a plethora of applicants. The vast majority of these organizations conducted company-driven hiring processes. 

“Their focus on talent was, ‘We’re going to put you through these processes, and we’re going to decide if you deserve to be here,’” Jenn said. “Candidates were at the whim of these processes; processes tended to take much longer.”

Research shows that getting hired in the U.S. took twice as long in 2014 as it did in 2010. The length of hiring processes—and their complexities—continued to increase from there.

However, as time went on, companies started to change their tune. Employers recognized their difficulties with filling certain roles and resolved to clean up their drawn-out, company-centric processes.

COVID’s Impact on Talent Acquisition

Bam. COVID hit, and hiring screeched to a halt. Fast-forward a bit, and companies slowly revved up their hiring processes again—except things were far from business as usual. Remote work surged in popularity, and soon hiring surged as well.

But beyond the rapid changes happening on the employer side, the mindsets of candidates began to evolve as well. 

“There was definitely a mental shift of people examining what’s really important to them,” Jenn said. “Companies had to drastically start looking at things that they never thought of before, like their hiring philosophy. And, ‘Do we follow our values? How do we talk about our values?’”

Company-driven hiring processes were out, and candidate-driven hiring processes were in. And with a shortage of candidates and an abundance of open roles, companies raced to hire the best talent in the fastest time. 

Now: What Matters in Talent Acquisition

Here we are in the present day—and things are a bit shaky. Companies have started to break into a cold sweat, worrying that they’ve overhired and overpaid what the market can bear (queue the layoffs and hiring freezes). 

Now that we’ve entered this new phase, where should talent teams concentrate their efforts so that they can rise to the top and snag the best talent? 

What matters most right now?

Balance Quality and Speed

With hiring slowdowns and freezes popping up left and right, now is the perfect time to get serious about optimization. Delivering a high-quality hiring process as fast as possible is key to standing out among the talent competition. 

But, before teams optimize their operations for speed and quality, Jenn recommends for them to do some inspecting.

“What matters most is first understanding what your current state is,” she said. “Analyze your data, look at your current process, map out where things work and where things maybe don’t work.” 

Then, once teams understand their process, they can double down on eliminating any bottlenecks that wreck the interviewing experience. 

Convey Mission & Vision

“People want to work for a company that is mission and vision-based,” Jenn remarked. “Make sure that your company walks the talk.”

The number’s don’t lie: a survey found that 79% of adults would consider a company’s mission and purpose before applying. 

In many cases, culture—another important element for job hunters—goes hand in hand with mission and vision. Candidates seek out companies with a culture of practicing what they preach in their mission/vision statements.

Emphasize Flexibility

For candidates, flexibility is top of mind—and that’s not changing anytime soon. Yes, this can mean offering remote work arrangements, but that’s not the only way to emphasize organizational flexibility.

Many candidates simply want their future employer to promote work-life integration. They want the freedom to coordinate their schedules in and out of the office to best fit their lives.

Jenn hopes that we’ll see more companies adopt flexible results-driven environments. These types of workplaces possess a strong focus on each employee’s outcomes, rather than just the number of hours that they clock in.

Demonstrate DE&I

“Candidates are asking companies to be more transparent about their DE&I numbers and achievements,” Jenn said. 

She adds that this can be a particularly difficult task for startups, since it takes a while to gather meaningful DE&I-based statistics.

Nevertheless, there’s a multitude of ways for companies to prove that their commitment to DE&I isn’t just lip service. Ensuring that their interviewer panels are diverse and inclusive is a great start.

Beyond: What Will Matter in the Future of the Industry

Now, it’s time to peer into our crystal ball and see what’s on the horizon for the talent acquisition industry. It can be difficult to predict what will matter in the future, but lucky for us, Jenn has some thoughts.

Establish the Core Purpose

From a macro level, Jenn says that establishing the purpose behind the hiring process—from both the candidate’s perspective and the hiring team’s perspective—will likely be of utmost importance.

“If you don’t have the core purpose of why you’re hiring, and if the candidate doesn’t have the core purpose of why they’re talking to you, then without those two things, it’s really not an interview,” Jenn said. 

Then, Weave Key Elements Into the Hiring Process

Once the hiring team’s purpose and the candidate’s purpose unite, teams can shift their energy towards building up the important micro pieces of their operations.

These pieces include several elements that hold significance in the current talent landscape: DE&I, the candidate relationship, interviewer training, and employer branding, to name a few.

But yet again, if hiring teams neglect to align with their candidate’s purpose, then no supplemental elements can truly give their interviews substance.

Optimize Your Hiring for Whatever the Future Holds

Leveraging the right talent acquisition technology is essential when preparing for whatever the industry has in store.

And the key to building a robust tech stack? Adding GoodTime Hire into the mix.

Hire automates coordination, improves your relationships with candidates, and provides actionable insights to continuously optimize the entire hiring process. 


Learn more about how Hire can supercharge your talent acquisition team to win top talent.

How HR Leaders Expect the Talent Acquisition Landscape To Evolve

HR leaders discussing the future of the talent acquisition landscape.

Resignations and remote work policies and layoffs, oh my! The ever-changing talent acquisition landscape is enough to make anyone’s head spin. In order to stay afloat, talent teams must get comfortable with change. 

So, what does the future of the talent acquisition landscape look like? We went on the hunt for answers.

Our 2022 Hiring Insights Report surveyed 560 HR, talent, and recruiting decision makers across the U.S. We uncovered their perceptions on the most pressing challenges facing their teams, and how to succeed in the future of the hiring landscape.

The findings? Leaders expect for retaining talent, meaningfully connecting with candidates, and improving hiring efficiency to define the future of talent acquisition. Let’s dig into the data.

Candidate Relationships Grow in Importance

We asked respondents how they would describe the changes they’ve observed in the hiring landscape over the past 12 months. The majority (47%) said that the landscape has become more competitive due to an increased demand for talent. Trailing closely behind, 46% said that creating genuine relationships with candidates has become crucial.

Looking to the future, talent leaders agreed that connecting with candidates will remain of utmost importance. The ability to create meaningful candidate relationships topped the list of how HR leaders expect the landscape to change in the next 12 months.

The takeaways? If recruiting teams want to compete with the talent landscape, they must invest time and energy into forming a bond with candidates. For instance, instead of spending all of your energy on learning what candidates can offer your company, spend a little bit more time learning what candidates look for in a role.

Challenges With Talent Retention on the Horizon

When asked which hiring challenges they’ve faced in the past 12 months, talent leaders ranked “retaining top talent” as their biggest obstacle. In 2021, a whopping 47 million Americans quit their jobs as part of the Great Resignation. Needless to say, our report’s finding comes as no surprise.

Our respondents expect talent retention to remain their biggest challenge in the next 12 months as well. Here’s where things get interesting. Talent leaders agree that connecting with candidates will remain a key component of a successful hiring process. Yet creating candidate relationships isn’t just important for talent acquisition. It’s also crucial for talent retention.

So, if you want to master talent retention, know this: retaining talent starts from the first moment that a candidate speaks to a recruiter. Cultivating genuine connections with potential new hires sets the stage for a meaningful experience at your company—and higher retention down the line.

Improving Hiring Efficiency Remains Paramount

The majority of talent leaders (46%) said that in the past 12 months, their main concern when refining their hiring process was boosting their overall efficiency. Hiring efficiency proved to be absolutely essential amid 2021’s tight labor market, as teams scrambled to backfill roles.

Likewise, the majority of respondents agreed that improving efficiency is still their biggest focus area when diving into the future of the talent landscape. This isn’t the least bit shocking; enhancing hiring efficiency will never go out of style. 

To remain agile within the constantly changing landscape, teams must put the proper systems in place so that they can boost efficiency, do more with less, and remain prepared for anything that the talent world throws their way.

How To Succeed in the Talent Acquisition Landscape

So, you want to know how to prepare for the future of talent acquisition? Well, here’s the answer, tied up in a neat little bow, straight from the minds of the U.S.’s talent leaders.

Focus your attention on improving hiring efficiency, boosting talent retention, and improving candidate relationships, and you have yourself a masterful talent acquisition strategy.

If you lay the groundwork for an efficient hiring process, you create more space to connect with candidates. Strong candidate relationships give rise to lasting new hires. These lasting new hires result in better talent retention. Boom.

Keep Up With the Latest HR Trends

In a tumultuous environment like talent acquisition, it pays to have a pulse on the latest happenings in the landscape. If you’re looking to gain a better understanding of the challenges facing hiring teams and best practices for refining your strategies, you came to the right place.


Download our 2022 Hiring Insights Report today to learn more about the state of hiring, and what must be done to win over candidates.

Here’s How To Turn the Great Resignation Into the Great Retention

A group of happy employees amid the Great Retention.

By now, we’re all familiar with the Great Resignation (shoutout to the internet’s endless think pieces). Don’t worry—we’re not here to talk your ear off about how employees are leaving companies in droves. Instead, we’re here to discuss how HR teams can transform this pivotal moment, and make lemons into lemonade. To ensure that their employees want to stick around, organizations must turn the Great Resignation into the Great Retention.

But this doesn’t mean that HR teams should throw retention strategies at the wall and see what sticks. In order to retain their people and make the Great Retention the next big phenomenon, companies need to study exactly why the vast majority of employees leave for greener pastures, and then strategize accordingly.

Here are several ways to boost retention in your organization, backed by the data behind why employees resign in the first place.

Make Employee Well-being Paramount

Key Stat: 40% of employees cited burnout as their top reason for leaving their jobs in 2021.

How to Respond: Employees experience burnout when a high workload and a high amount of stress combine with a low level of organizational support. HR teams must prioritize the well-being of employees to successfully combat burnout. This starts by making sure employees have access to the proper organizational support and resources. 

Remind employees of the resources that are available to them—such as Employee Assistance Programs—and think about which resources are missing or need improvements. For instance, perhaps you have a generous PTO policy, yet employees are having to jump through hoops to get their time off approved. Some organizations—wink wink, like GoodTime—also allow employees to take a day off each quarter for company-wide mental health days.

Emphasizing connection across your organization is another way to boost well-being and squash burnout. Consider planning virtual or in-person, get togethers for employees to bond.

Improve Opportunities for Advancement

Key Stat: 33% of people said no opportunities for advancement was a major reason why they quit their job in 2021.

How to Respond: Your HR team’s ability to support the career advancement of employees heavily influences whether they stay or leave. Ensure that your organization provides team members with a clear roadmap for career progression so that employees aren’t left wondering what they’re working towards.

Whether it’s a designated mentor or their team leader, employees will benefit from having someone that they can meet with on a regular basis to discuss their career goals and ensure that they’re set up for success.

Reimbursing employees for learning opportunities that they would like to take on, whether it’s a certification course or educational books, is another great way to support their goals.

Pay Employees What They Deserve

Key Stat: 37% of people said low pay was a major reason why they quit their job in 2021.

How to Respond: Yes, employees want to work at a place with flexibility and a good work/life balance, but they still have to pay their bills. Yet fulfilling requests for higher pay isn’t always an option for companies. Still, there’s steps you can take to ensure that your employees earn what they deserve.

A major way to move the Great Retention full steam ahead is to give employees retention bonuses. That way, employees have a worthwhile reason to stay at your company. Alternatively, set up a bonus plan where employees are compensated whenever your company reaches certain attainable milestones. With that option, employees will get to celebrate your company’s success and be rewarded for their contributions.

Above all, make sure that your company champions pay equity. Every single employee should receive equal and just compensation for their experience and tenure. 

Boost Work Flexibility

Key Stat: 21% of Americans who plan to resign want more flexible/remote work options.

How to Respond: For every company that doesn’t promote flexibility in work arrangements, there’s a handful that will—and those are the companies that your employees will flock to. The proof is in the headlines: we’ve already seen swarms of employees quitting over RTO policies.

Even if the nature of your organization/industry requires all or certain employees to spend time in the office, considering at least a hybrid work policy is sure to make a big impact on employee retention. 

If you don’t know where to start, learn from the companies that are excelling in this new world of work. We’ve compiled a list of four organizations with stellar flexible work policies.

Most Importantly: Listen to Your Employees 

The importance of gathering feedback from your employees cannot be overstated. Ask for their thoughts on how you can improve their experience at your organization. Listen to them with an open mind and be prepared to acknowledge any faults.

Transparent communication is crucial to a healthy company. Thoughtfully analyzing your periodic eNPS (Employer Net Promoter Score), a measure of employee satisfaction and loyalty, is a great way to understand how employees feel and take action on their feedback. 

And if you haven’t held exit interviews before, now is the time to do so. Facilitating candid discussions with employees who want to resign helps you identify patterns that cause team members to leave.

Give Your HR Team a Leg up With Goodtime Hire

Turning the Great Resignation into the Great Retention all boils down to acting in the best interest of your employees. But let’s not forget about your future employees. Talent retention and acquisition are two sides of the same coin; when you successfully cater to candidates, you create new hires that are eager to stay with your company for the long haul.

And the key to exceeding the expectations of candidates? Leveraging GoodTime Hire.

Hire automates coordination, builds relationships during interviews, and provides actionable insights to continuously improve your connections with applicants.

Interested in learning all about how Hire can supercharge your talent acquisition process? Come right this way.

Hiring Slowdowns: 7 Ways Recruiters Can Make the Most of Their Time

Recruiter making the most of his time during a hiring slowdown.

All good things must come to an end. After a year of rapid-fire hiring, sky-high startup valuations, and soaring stocks, companies are now coming back down to earth. As the market corrects itself, more and more organizations have responded by enacting hiring slowdowns.

While recruiters are used to adapting to shifting circumstances, hiring slowdowns can feel like uncharted territory. You might be limited from your usual day-to-day activities, but a hiring slowdown doesn’t mean that you need to slow down. Recruiting will rebound, and when it does, you’ll want to be in the most advantageous position possible to snag the best talent. 

Here are seven ways to turn hiring slowdowns into golden opportunities to optimize your recruitment process and boost efficiency.

1. Keep Your Talent Pipeline Warm

If hiring is screeching to a halt, the last thing you should do is cut off communication with candidates. Now’s the time to nurture your pipeline and deepen your recruiter-candidate relationships. That way, you’ll hit the ground running when hiring bounces back. 

Make it a habit to engage with candidates on a periodic basis. Keep them up to date on any roles that they’re interested in, and practice full transparency on the status of your team’s recruiting. 

You can also spend time holding meaningful conversations with candidates that you didn’t have the bandwidth to facilitate before. Delve deep into their career goals, interests, and skills so that you can match them with the perfect opportunity.

2. Improve Your Sourcing Strategies

Take a good, long look at your talent sourcing strategies. You likely have a preferred channel for finding candidates. For most recruiters, this is LinkedIn. However, it’s vital to also tap into alternative, lesser-used channels. 

Top candidates receive a flood of messages from recruiters on the most popular channels, making it difficult to stand out from the crowd. 95% of recruiters use LinkedIn to hunt for talent; that’s a lot of competition. Leveraging alternative channels gives you an edge and captures the attention of candidates that you might not have been able to reach before.

Look into industry-specific Facebook and Reddit groups, Slack communities, face-to-face events, and double down on your referral program to diversify your channels—and your candidates.

3. Upskill Your Interviewers

Chew on this stat: 44% of job seekers agree that the interview experience is the most influential part of the hiring process. To set yourself up for success once your hiring slowdown concludes, invest time into improving your interview experience. And the best way to do this? Creating a top-notch interviewer training program.

Start by establishing a process where new interviewers shadow the seasoned interviewers. During the shadowing stage, new interviewers should gain an understanding of which role and skill-specific questions they should ask—and which questions they should avoid (some are actually illegal to ask candidates).

4. …And Upskill Yourself

Always remember to fill your own cup. In the usual day-to-day life of a recruiter, it’s hard to block off time for learning. Thankfully, hiring slowdowns offer extra time to spend on professional development. Seize it!

Now’s the time to dig up those online courses, certifications, or webinars that you’ve bookmarked. Consider building up the following relevant skills and attributes: 

  • Resilience
  • Navigating remote/flexible work (if applicable)
  • Relationship building
  • Systems thinking
  • Personal branding
  • Data analysis
  • Time management

There’s countless platforms out there that offer classes and certifications, but some of the popular ones for recruiters include LinkedIn Learning, The Recruitment Education Institute, Alison, and Recruiting Toolbox.

5. Action on Candidate Feedback

It’s crucial to collect feedback from candidates to understand what they really think about your hiring process and recruitment methods. However, it can be difficult to find time to take action on the feedback.

Hiring slowdowns offer the opportunity to thoughtfully review this feedback. Assess your interview process for ways to make adjustments based on the input that you received.

If you’ve never even collected feedback, now’s the time to do so. Despite the 68% of candidates that would like to provide feedback after an interview, 75% report rarely or never being asked for their opinions. Make a project out of setting up a candidate feedback collection system, and plan out the perfect questions to ask candidates once hiring returns to business as usual.

6. Strengthen DEIB

It’s incredibly worthwhile to invest in your commitment to DEIB. A hiring process that reflects DEIB principles not only attracts top talent, but also benefits your bottom line. However, according to our 2022 Hiring Insights Report, only 33% of companies plan on prioritizing DEIB in the year ahead. 

One of the most difficult aspects of creating a high-quality DEIB hiring policy is finding enough time to thoughtfully strategize. Luckily, a pause in hiring serves as a great opportunity to lay the groundwork for a more equitable hiring process. You can also assess your interview panels to see if there’s opportunities to increase the diversity among your interviewers.

7. Implement the Right Technology

Soon enough, you’ll return to hiring at your normal volume, and your company will once again focus on growth. Now is the time to implement the right recruitment software to remain competitive in the future.

While you might think that hiring more recruiters is the solution to increasing efficiency, that isn’t the case. As wages increase and the Great Resignation moves full steam ahead, human reliant-processes will become far too expensive and downright unscalable. 

Tech is the way forward—specifically, GoodTime Hire. Hire automates coordination to reduce time-to-hire, builds genuine connections between recruiters and candidates, and gathers actionable insights to continuously optimize the entire process.

And the results: companies hire up to 70% faster and impress more candidates than ever before.

Ready to learn more about how Hire can transform your talent acquisition process? Come right this way.

C-suite Execs and Directors in HR Disagree on Recruiting Realities

HR leaders discussing recruiting realities.

Imagine you’re putting together a jigsaw puzzle. You feel pretty confident in your abilities to build the perfect puzzle; after all, you have the finest puzzle pieces on the market. But once you get down to business, you find that the pieces don’t align. 

HR leadership is like a jigsaw puzzle. While your leaders may be amazing individual contributors, your company is headed for trouble if they’re not in sync on the most critical matters. Misalignment among HR leaders means bad news for your hiring goals.

Our 2022 Hiring Insights Report surveyed 560 HR leaders across seniority levels to understand their perceptions on the most pressing challenges facing their teams, and how to succeed in a candidate’s market. The data shows that C-suite executives and directors disagree on multiple grounds, from the status of the hiring landscape to the conditions of their own recruitment operations.

Different Outlooks on the Hiring Landscape

Interested in learning how HR leaders perceive the state of the hiring landscape? We got you covered— but don’t expect a straightforward answer. The perceptions of C-suite executives and directors greatly differ.

When asked how they would say that the hiring landscape has changed in the past 12 months, the majority of C-suite executives (45%) said that the hiring landscape has become less competitive due to an increase in available talent. Meanwhile, the majority of directors (50%) said that it has become more competitive due to an increased demand for talent.

This pattern held true when asked how they believe the hiring landscape will change in the coming 12 months, with most directors believing that the landscape will remain more competitive, and most C-level executives believing it will still be less competitive in the future. 

If you browse through recent headlines and analyst reports, you’ll see that they align with the opinions of directors—those who are more entrenched in the day-to-day recruiting. It seems like almost everyone’s in the know on the ruthlessness of the hiring landscape…except for CHROs. In short, employees who have a closer connection to daily recruitment operations have a different perception of business functioning.

Disconnect on the Status of Their Hiring Process

Directors’ closer proximity to the hiring process also impacts their understanding of their own process and operations. When asked how their acceptance rate has changed over the past few months, C-suite executives rated it more favorably than directors. 74% of CHROs said their acceptance rate has increased. In contrast, 49% of directors—25 percentage points lower—said the same.

Our survey also evaluated their general attitudes on their recruiting process. The majority of C-level executives (53%) rated their overall process as excellent, while the majority of directors (58%) rated their process as good.

C-suite executives remained more optimistic than directors when asked about the efficiency of their talent acquisition process. Sixty-seven percent of C-suite executives rated their process as very efficient, compared to 41% of directors. 

Don’t See Eye-to-Eye on DEIB

Diverse teams reign supreme. It’s a known fact that diverse employees boost revenue and innovation. However, the C-level executives and directors from our survey differ on their prioritization of DEIB.

When identifying which areas of their hiring process they looked to improve in the past 12 months, and which areas they plan on improving in the future, “making DE&I a measurable priority” was the second most popular answer both times for C-suite executives.

CHROs are highly focused on DEIB, while directors aren’t. DEIB was the least popular answer for directors, both for the past and for the future (24% and 29%). Instead, directors are reportedly hyper-focused on boosting efficiency.

Now, don’t be fooled: this doesn’t mean that directors believe that improving DEIB is a waste of time. Since directors typically have a closer relationship to the hiring process than C-level executives, they understand how much time and resources it takes to properly prioritize DEIB. Directors know that creating successful DEIB initiatives is a lot easier said than done.

Dive Into the Most Crucial HR Trends

Reaching alignment among the HR leaders at a company doesn’t just happen magically. It takes work—but it’s worth it. Trust us. Especially in today’s ever-evolving, intense hiring landscape, leaders need to become a unified force in order to conquer each challenge that comes their way.

But you haven’t even read the full story. Download our 2022 Hiring Insights Report to dig into all of the latest HR trends.

4 Companies Pioneering the Future of the Distance Economy

Remote employees on a call with in-person employees, working together in the Distance Economy.

In the Distance Economy, work transcends beyond physical offices and across time zones. “It doesn’t matter where you live” is now the new hiring mantra. More and more employers recognize that candidates want freedom, autonomy, and trust—all found in flexible and remote work arrangements. 

While our new world of work widens the talent pool, it also widens the employer pool. Companies must offer applicants the work models that they seek, or get lost in the competition. After all, if your organization doesn’t give candidates what they want, another organization will.

Here are four trail-blazing companies that have reimagined what the workplace can be.

Spotify’s Work From Anywhere Program

In Spotify’s opinion, work is something you do—not somewhere you go. The streaming powerhouse uses their Work From Anywhere Program to allow employees to work wherever suits them best.

How They Navigate the Distance Economy

  1. Allow employees to choose their “work modes” (mix of home and/or office).
  2. Set up multiple registered entities in different locations across the globe for employees who want to work in the office. 
  3. Focus on creating virtual experiences, rather than in-person events, to emphasize belonging across the company.

Why This Work Model?

On their HR blog, Spotify described how the flexibility within their work model benefits everyone. Flexible companies not only retain existing employees thanks to a better work-life balance, but they also attract large sums of candidates.

Spotify’s thinking in the right direction. Our latest data shows that 32% of HR teams expect to struggle with retaining talent in the next 12 months, and 28% believe that they’ll face difficulties in attracting qualified candidates. The way forward is clear, and it’s offering flexible work.

Zapier’s Long Remote Work History

Remote work is nothing new to Zapier. They’ve been remote-first ever since their inception in 2011. The software company’s employees are spread across over 18 different time zones and 38 countries.

How They Navigate the Distance Economy

  1. Establish a 100% distributed workforce.
  2. Create a global community founded on DEIB principles. Hold candid conversations on the experiences of employees and take active steps to boost diversity and inclusion.

Why This Work Model?

Zapier cited that on multiple grounds, remote work just makes sense. From a financial perspective, they don’t have to handle the significant expenses that come with maintaining a physical office. After all, flashy office perks are old news. 

Their model also increases the amount of time that each employee has at their disposal. Without the distractions that arise in a traditional office space, Zapier allows for more valuable focus time. (And not having to sit in traffic during a long commute is a pretty sweet deal.)

HubSpot’s Flexible Work Options

“Work isn’t a place” defines HubSpot’s flexible work philosophy. In 2021, they shifted to a hybrid remote-office model.

How They Navigate the Distance Economy

The company offers three work arrangements to choose from, called @office, @flex, and @home.

  1. @office: Work from one of their offices for three or more days per week. Employees receive a dedicated desk space in the office.
  2. @flex: Work from one of their offices for two or fewer days per week. Employees get a “hotel desk” rather than a dedicated space, but will receive support in setting up a WFH office space.
  3. @home: Employees do the majority of their work from home and within a HubSpot-approved area. The company assists in assembling their home office.

Why This Work Model?

Before the switch to their current work model, HubSpot considered themselves a “remote-ish” company. However, the feedback from an internal survey signaled that they needed to evolve. Back when HubSpot closed their offices due to the pandemic, two-thirds of their employees reportedly planned on working remotely more often once their offices re-opened.

Determined to elevate their commitment to DEIB, HubSpot also cited how remote work serves as a crucial component in diversifying their community of talent and future employees.

Pinterest’s Pinflex Initiative

Two principles guide Pinterest’s work model: flexibility and collaboration. Their Pinflex initiative champions an autonomous workplace with a healthy dose of in-person interaction.

How They Navigate the Distance Economy

  1. Encourage employees to work wherever feels best, whether this means working at home, in an office, or another virtual location.
  2. Allow U.S. employees to live anywhere in the U.S., and international employees to live anywhere within the country or region where Pinterest employs them.
  3. Create in-person experiences for all employees to attend throughout the year.

Why This Work Model?

While Pinterest recognizes that most work can be completed anywhere, they also see the need for in-person collaboration to drive innovation and connection. Pinflex kills two birds with one stone.

Occasionally bringing employees together in person is a smart move. Studies show that remote workers feel isolated at higher rates than those that work on-site. Like Pinterest, companies should include strategies to foster human-to-human experiences within their flexible work plans.

The New World of Work Means New Hiring Tools

Spotify, Zapier, HubSpot, and Pinterest embraced flexible work in varying ways. But the common thread that unites them? They all use GoodTime.

The Distance Economy flipped recruiting on its head, but GoodTime Hire helps talent teams win candidates throughout each challenge. Hire harnesses Candidate Relationship Intelligence to build connections with every single applicant.

But don’t just take our word for it. Hear from HubSpot, Pinterest, and more in our customer testimonials.

GoodTime’s Ahryun Moon Talks the Evolution of the Hiring Landscape

A word of advice for the modern-day hiring team: get comfortable with change. Because if there’s one thing that we’ve learned in recent years, it’s that the hiring landscape can evolve in an instant. GoodTime’s Co-founder and Head of Company Strategy Ahryun Moon met with RecTech Podcast’s Chris Russell to discuss recent and upcoming shifts in the hiring industry, and how GoodTime helps teams adapt to the changing times.

If you’d like to hear the conversation in full, the podcast episode can be found here. Read on for a quick rundown.

“Everything has shifted so quickly and so fast over the last couple of years. Even the most tenured HR leaders with multiple decades of experience are still trying to figure things out.”

— Ahryun Moon, Co-founder and Head of Company Strategy at GoodTime

Tumultuous Recent Years in Hiring

A lot has changed in the hiring industry and job market—where do we even start? For one, companies felt the sting of the Great Resignation back in 2021, and the phenomenon is still going strong. A record-breaking 4.5 million people in the U.S. quit their jobs in March 2022.

Ahryun noted that based on GoodTime’s conversations with customers, the “big quit” isn’t limited to just the U.S. It’s happening across the globe. And that’s not the only worldwide hiring trend; the entire world is also facing a severe shortage of knowledge workers. In February 2022, there were 5 million more job openings than unemployed workers in the U.S. alone. This all culminates into a hyper-competitive job market.

On top of these changes, job seekers have drafted up new demands, heralding the next era of recruitment tactics.

“Now that we’re working remotely and in hybrid mode, all the past lure of office spaces, the physical spaces, those perks are not very relevant anymore,” Ahryun said. 

Instead of placing value on in-office benefits, candidates now vet employers on elements such as DEIB, work-life flexibility, vision, and mission. Above all, candidates want to connect with employers.

Upcoming Changes in the Hiring Landscape

An outpour of hiring freezes, slowdowns, and layoffs characterize the latest changes in the job market. Major tech companies like Uber and Twitter slowed their hiring, while startups like Klarna and Carvana laid off employees.

Ahryun’s take? The market is correcting itself. She noted that it doesn’t look like these recent events in the market will remain as permanent trends. From her view, it seems that the market will stabilize over time.

All things considered, the market’s recent volatility shouldn’t come as a surprise. In many ways, 2021 created an unsustainable environment.

“Last year was crazy, a whole slew of unicorns had been born,” Ahryun said. “Some companies are extremely solid companies that are worthy of becoming unicorns, and some probably not in terms of the metrics.”

In opposition to the downturn in Silicon Valley, there’s several forces at play that will keep other companies hiring. A severe lack of knowledge workers remains within an extremely competitive hiring market, Ahryun added. Companies will continue hiring—just not as recklessly. The smartest companies will implement the best TA tech to hit the ground running and prepare for future growth.

How GoodTime’s Adapted to the Shifts

Talent teams aren’t the only ones that must adapt to the ever-changing hiring landscape. In order to solve the most pressing issues facing companies, TA tech must also evolve with the times.

GoodTime Hire has changed quite a lot to respond to the latest customer needs, Ahryun said. Hire uses Candidate Relationship Intelligence, which includes two main focus areas: speed and relationships. The focus on speed comes from the increasingly fast-paced talent competition. 

“Nowadays, candidates get about four offers on the table within about 18 days of their job search, which is crazy,” Ahryun said. 

The fastest talent team is often the team that snags the best candidates. On the flip side, a slow hiring process heightens the risk of losing qualified candidates in the middle of the funnel. To satisfy the need for speed, Hire’s automation removes any time lag that occurs on both the recruiting team and candidate side.

Hire’s focus on relationships stems from the need to form meaningful connections with candidates to win top talent. As a way to cultivate these connections, Hire makes data-driven decisions to place the right interviewers into each and every interview. Better yet, one of the latest features, Candidate Pulse, gathers candidate sentiment throughout the interview process to help teams better understand the quality of their relationships.

Learn More About the Latest HR Trends

Keeping up with the constant flow of changes in the hiring landscape can feel overwhelming. Luckily, our 2022 Hiring Insights Report has you covered.

The report highlights the most critical hiring challenges facing modern talent teams. Spoiler alert: companies surveyed only hit 50% of their hiring goals in 2021 (oof). 

Dig into the insights by downloading the report today.

Remote Companies Stumble in the New Hiring Landscape

Recruiter at a remote company works on her laptop.

The rise of remote hiring stands as one of the most influential trends impacting today’s hiring landscape. What started as a way to adapt to the pandemic has evolved into a method to combat the talent shortage and deliver on the work flexibility that many candidates now desire. The problem? Most remote companies have stumbled rather than soared.

For our 2022 Hiring Insights Report, we surveyed 560 HR, talent, and recruiting leaders across both remote and in-person workplaces. We learned that compared to their in-office counterparts, remote TA teams fall flat on multiple grounds, from hiring efficiency to connecting with candidates.

And to top it all off, most remote TA leaders don’t even have full confidence in their own operations. When rating their overall recruiting process, 25% of remote leaders rated it as excellent—compared to 42% from in-office leaders.

Let’s dig into the data.

Candidate Relationships Take a Back Seat

Applicants expect to form a relationship with your company and your TA team that’s founded on trust and mutual respect. Our report’s data shows that fully-remote companies are least likely to create bonds with candidates—though if anyone should, it’s them.

Among fully-remote workplaces, just 25% will look to build relationships with candidates in the next 12 months. This is 11 percentage points lower than in-person workplaces.

Remote employees report higher rates of isolation, yet connection is at the top of most candidates’ wish lists. When hiring at a distance, it’s even more important to invest in these connections—and the data shows that these companies have a lot of work to do.

With the lack of emphasis on candidate relationships, it’s no wonder that 63% of remote workplaces reportedly struggled with retaining talent in the past 12 months. Talent retention begins once a future employee has their first conversation with a recruiter. The secret to turning candidates into long-term hires lies in creating authentic connections with new hires from the start.

Remote TA Teams Struggle With Efficiency

The efficiency of remote companies’ TA processes leaves much to be desired. But at least the majority of them aren’t blind to this; just 38% of remote workplaces rated their TA process as very efficient, compared to 56% of in-person companies.

In today’s intensely competitive job market, hiring fast is essential. The best candidates disappear from the market in just 10 days. Yet here’s the kicker: a shocking 100% of fully-remote companies said that their rate of time-to-hire increased in the past 12 months. In comparison, 65% of in-person companies said the same.

Even worse, remote talent teams said it takes them an average of five weeks to hire a new employee—contrasted against three weeks for in-person teams. With a hiring process that lengthy, remote employers shouldn’t be surprised when their star candidates lose interest and look elsewhere.

Remote companies reportedly spend 41.6% of their time scheduling interviews, three percentage points higher than in-person companies. Yet while remote companies spend a bit more of their time on interview scheduling, they’re way behind in-person companies when it comes to the number of interviews that they schedule. On average, remote workplaces schedule 50 interviews per month, versus 125 for in-person.

So what’s the hold up? It’s possible that remote teams haven’t equipped themselves with the proper TA tech to get to where they need to be in scheduling volume. But if anything’s certain, it’s that if remote TA teams don’t get to the root of their efficiency issues, they’ll only continue to struggle.

DEIB Efforts Show Grounds for Hope

Want some positive news for a change? On the bright side of things, fully-remote companies are most likely to emphasize DEIB in the near future. Thirty-eight percent of remote workplaces surveyed will make DEIB a priority in the next 12 months, two percentage points higher than in-person workplaces.

This is a good move, especially considering how 25% of remote teams reportedly expect to struggle with a lack of qualified candidates. A broader talent pool comes with more diverse candidates, and an increased need to improve—and communicate a commitment to—diversity.

While the stats on DEIB and remote companies are promising, all companies surveyed could—and should—make greater strides in championing DEIB. Diverse teams that feel welcome and supported boost revenue and innovation. Smart companies make DEIB a top priority.

Read the Latest HR Trends

Remote companies, you have your work cut out for you. While some assume that remote workplaces have it easy thanks to a wider talent pool, they forget that the Distance Economy also widens the employer pool. This makes it even more critical for remote TA teams to take meaningful, calculated steps to attract, win, and retain candidates.

From connecting with candidates without physical interaction, to conveying intangible company values through a Zoom window, it’s not too unexpected for newly remote workplaces to trip up. Hiring remotely comes with a learning curve. Yet despite the challenges ahead of them, remote TA teams must act fast to avoid getting swallowed up by the talent competition.

Want to sink your teeth into more HR trends? Download our 2022 Hiring Insights Report today.

Four-day Workweek: A Magic Bullet for Talent Acquisition?

When considering the major shifts in work arrangements that we’ve seen in the past few years (oh hello, remote work), the recent buzz around the four-day workweek comes as no surprise. If we’ve learned anything from post-pandemic life, it’s that the typical 9 to 5, in-office work paradigm is old news. Normalizing three-day weekends—once just a pipe dream—sounds a lot less far-fetched.

Proponents praise four-day workweeks for prioritizing the wellness of employees with promises of decreased stress and increased happiness. With numerous companies testing out a shortened workweek, we now have evidence to use when judging if this new arrangement really delivers on its promises. Spoiler alert: it does.

Overall, the rise of the four-day workweek comes at an incredibly opportune time for TA teams. With the Great Resignation showing no signs of slowing down, teams must pull out all the stops to attract candidates and keep employees from jumping ship. And with 92% of U.S. employees in favor of a four-day workweek, implementing this policy may be just the thing that puts your company ahead of the rest.

Employee Well-being Wins Talent

The companies that champion employee well-being are the ones that snag and retain the best talent. It’s just that simple. The positive byproducts of shorter workweeks mark a whole new frontier in supporting the wellness of employees.

In a Paychex survey, six out of ten employees identified well-being benefits as a major priority when job hunting—despite the fact that less than half of employees feel their current company makes it a priority. Among five areas of employee well-being, 24% of respondents rated mental and emotional wellness as their biggest struggle at work. This was due to a lack of benefits such as flexible schedules. 

As for the number one way to support well-being, the majority of employees rated additional time off as the best employee benefit. In a similar vein, 68% of workers said they’d rather change careers for a better work-life balance than higher pay.

Noticing a theme? Today’s burned-out employees want companies to honor their personal wellness, and they want to see this through more free time. All signs point to four-day workweeks as a solution to giving workers what they clearly desire. 

Four-day Workweek in Practice

In theory, a four-day workweek and the allure of additional personal time seems like a logical way to elevate talent acquisition. But in practice, does this work arrangement stack up to expectations? Let’s look at the companies that recently tested the waters.

Bolt Improves Work-life Balance

To combat employee burnout, Bolt, a fintech startup, conducted a three-month 32-hour workweek pilot. Employees worked from Monday to Thursday each week and experienced no reduction in salary. 

At the end of the trial, a company survey revealed that 94% of workers and 91% of managers wanted to continue the program. The vast majority of Bolt employees reported experiencing a better work-life balance and more productivity throughout the three months. As a result, Bolt made four-day workweeks permanent.

When first rolling out the pilot, Bolt employees wiped their entire calendars clean. This way, they’d be highly intentional when scheduling meetings and would avoid squishing five days worth of work into four. Workers cut some meetings in half, made some less frequent, and eliminated others altogether.

The Wanderlust Group Boosts Profits

The Wanderlust Group, an outdoor tech company, took a slightly different approach to the four-day workweek. In order to give employees more time to invest into themselves, TWG piloted a 32-hour workweek program that eliminated Mondays rather than Fridays. Like Bolt, employees received no reduction in pay.

The results? Employee morale increased and TWG saw a 121% year-over-year increase in profits. The only loss? A reduction in bad meetings that employees didn’t want to attend anyways. Unsurprisingly, their Tuesday to Thursday schedule is now a permanent policy.

On the logistics side of things, TWG realized that they’d need to cut down on their meetings to maximize productivity during their four days of work. They slashed around a third of their standing meetings and weeded out any meetings without a robust agenda.

TWG also recognized that they’d still need their customer support staff to help customers on Mondays. To alleviate this problem, they adopted a rotating schedule where some staff take off on Mondays while others take off on Fridays. 

thredUP Attracts Candidates

thredUP, a fashion resale platform, tested out a Monday to Thursday 32-hour workweek in 2021 and never looked back. The company wanted to actively prove to employees that a true work-life balance matters.

As a result, thredUp reported that more than half of their new hires who completed an onboarding interview mentioned that the abbreviated workweeks influenced their decision to join the company. 88% of employees cited the new work policy as a positive change. Better yet, voluntary turnover within the corporate team decreased by over 50% since the four-day workweek’s implementation.

Similar to Bolt and TWG, thredUP mentioned that for the new workweek to succeed, employees needed to reconsider the importance of certain meetings. As a whole, employees had to prioritize the most high-value tasks.

No One-size-fits-all

A four-day workweek can do wonders for talent acquisition and retention, yet implementing a successful program isn’t cut and dry. Evident from Bolt, TWG, and thredUP’s varying programs, there’s no “right” way to implement a 32-hour workweek. For a four-day workweek program to succeed, companies need to establish their own unique operational and workflow changes based on their business model.

However, if there’s anything to gain from the recent four-day workweek pilots, it’s that we could all benefit from reprioritizing how we spend our time at work—and that means rethinking our meetings.