Financial Services Hiring Trends and Stats for 2025: What Leaders Need to Know

Editor’s note: The article below is an excerpt from GoodTime’s 2025 Hiring Insights Report. The entire report is available to view online for free here.

In the last year, financial services hiring leaders faced an unforgiving talent landscape shaped by fierce competition, rapid technological advances, and evolving workforce demands. Top-tier candidates with specialized skills were in high demand but in short supply, forcing organizations to rethink their hiring strategies to stay ahead. Recruitment team burnout, inefficiencies in hiring workflows, and the rise of AI—both as a solution and a challenge—added further complexity. From candidates misrepresenting qualifications with AI tools to ongoing pressure to reduce time-to-hire, teams grappled with balancing speed, accuracy, and candidate experience.

This chapter uncovers how financial services leaders are responding to these challenges and charting a path forward. Key trends include a heightened reliance on technology and automation to streamline processes, the prioritization of candidate experience to win over top talent, and a renewed focus on operational efficiency to overcome hiring bottlenecks. Looking to 2025, financial services hiring teams are doubling down on refining processes, embracing AI to drive smarter decision-making, and building resilient recruiting systems to thrive in a competitive, rapidly evolving labor market.

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2025 Hiring Insights Report
Financial services hiring statistics
  • 49% of hiring goals were achieved.
  • 53% of respondents said the financial services hiring landscape became more competitive.
  • 55% of leaders reported an increase in time-to-hire.
  • Top hiring challenge: Retaining top talent.
  • Top priority for 2025: Improving overall hiring efficiency.

Looking back at 2024: Financial services hiring stagnates

In 2024, financial services hiring teams faced a turbulent year, with only 49% achieving their hiring goals—a slight decline from 52% in 2023. This stagnation reflects the challenges of navigating a competitive talent market while balancing sector-specific demands, such as the need for specialized skills and compliance-focused hiring. Retaining top talent (36%) emerged as the most significant challenge, as competitive compensation and evolving candidate expectations pushed financial services organizations to rethink their retention strategies.

Adapting to hybrid interview processes and addressing unmanageable recruiter workloads further complicated efforts to attract and retain qualified candidates.

The sector also grappled with emerging challenges, including candidates misrepresenting their qualifications using AI and outdated hiring technologies slowing recruitment cycles. These issues highlight the growing need for financial services organizations to modernize their processes and refine strategies to compete for skilled talent while addressing operational inefficiencies.

Bottlenecks drive increased time-to-hire
in financial services

In 2024, 65% of financial services organizations reported an increase in time-to-hire, reflecting persistent inefficiencies and challenges in the hiring process.

Key bottlenecks, such as interview cancellations or reschedules (61%) and untrained or underprepared interviewers (41%), slowed hiring timelines and disrupted candidate engagement. Poor communication with candidates and a lack of qualified applicants (both at 41% and 40%, respectively) further compounded these delays.

These bottlenecks highlight the critical need for financial services organizations to improve internal coordination and enhance candidate communication. Addressing these gaps with better interviewer training, streamlined scheduling, and technology-driven solutions will be essential for reducing time-to-hire and maintaining competitiveness in the current market.

The financial services hiring landscape became more complex in 2024 as rising candidate expectations and increasing recruiter turnover strained hiring operations. With candidates demanding more personalized experiences, recruiting teams faced greater workloads while also navigating intensified competition for top talent.

To stay competitive, many organizations have focused on improving candidate engagement and better supporting their recruitment teams. However, ongoing challenges like candidate drop-off and expanded hiring funnels suggest a need for more streamlined processes that balance speed with quality.

How financial services addressed hiring challenges in 2024

In 2024, financial services organizations prioritized operational improvements, with a strong focus on process efficiency and automation to address hiring challenges.

The top initiatives—improving overall efficiency, leveraging AI, upgrading hiring technology, and automating workflows—clearly reflect a sector-wide shift toward reducing manual workloads and optimizing hiring speed.

This emphasis on streamlining operations suggests a response to growing pressure to meet hiring goals more effectively. While efficiency remains the focus, balancing it with personalization and candidate experience improvements further down the list indicates the industry is still working to find the right balance between speed and quality in talent acquisition.

Automation and AI adoption were particularly impactful, with application and resume review (55%) and analytics and reporting (51%) being the most common use cases. Tools such as AI recruiters and chatbots (47%) and automated interview scheduling solutions (43%) further reduced manual workloads and improved process efficiency. Despite these advancements, areas like candidate sourcing (38%) and interview analysis (41%) highlight opportunities for further innovation to enhance decision-making and engagement in 2025.

Building a fast and simple recruiting process for candidates

Financial services organizations prioritized speed and transparency to streamline the candidate experience. Improved scheduling efficiency for both candidates and interviewers (58%) and transparency in the interview process (57%) were top initiatives, reflecting the sector’s focus on reducing friction and enhancing engagement. A fast interview-to-offer process (52%) further underscored the need to move quickly in a highly competitive market.

Candidate experience tools, automated scheduling, and options for rescheduling through platforms showcased the sector’s increasing reliance on technology to simplify hiring workflows. These measures helped financial services organizations provide a more seamless and flexible process for candidates while positioning themselves as efficient and attractive employers.

How financial services hiring teams measure success

In 2024, financial services hiring teams focused on recruiting metrics that emphasize efficiency and long-term outcomes. Quality of hire (51%) emerged as the most commonly tracked measure, showing the sector’s emphasis on securing high-performing talent. Cost-per-hire (44%) and time-to-hire (43%) were also key metrics, highlighting the need to balance hiring speed with budgetary constraints.

Candidate experience metrics, such as interview feedback (43%), are gaining traction, indicating a shift toward more candidate-centric evaluations. Metrics like diversity of candidates (39%) and application completion rate (38%) signal efforts to improve inclusivity and process effectiveness.

How financial services talent leaders are evolving in 2025

As financial services organizations look ahead to 2025, leaders anticipate a challenging hiring environment marked by rising recruiter turnover, increased competition for talent, and mounting pressure to engage candidates faster. With 59% citing recruitment team turnover as a key disruptor, hiring teams already facing capacity issues may struggle to keep pace with the demands of a competitive labor market.

The need to connect with candidates quickly and build stronger relationships continues to grow in importance as firms try to balance speed with quality hires. At the same time, expanded hiring funnels and increased touchpoints are adding complexity to already stretched recruitment teams. These trends point to a critical need for strategies that ease recruiter workload, such as recruiting automation and process standardization, while keeping the focus on meaningful candidate engagement.

Key challenges predicted for 2025 include retaining top talent (39%) and addressing skill mismatches among applicants (35%). Changes in hiring policies, difficulty adapting interview processes to remote or hybrid models, and an overwhelming number of applicants are also expected to persist, creating further complexity for hiring teams. These trends underscore the need for financial services leaders to adopt targeted strategies to manage growing demands while maintaining process efficiency.

By proactively addressing these anticipated changes and challenges, financial services organizations can better position themselves to attract and retain top talent in a labor market that continues to evolve rapidly. Investing in technology, streamlining processes, and enhancing candidate engagement will be essential for navigating the year ahead.

Financial services leaders are
going all in on AI

In 2025, financial services organizations remain focused on the same core hiring priorities as the previous year: leveraging AI for hiring efficiency (47%), improving overall efficiency (45%), and upgrading hiring technology (43%). The fact that these areas continue to top the list underscores that while progress has been made, critical inefficiencies persist across the hiring process. Leaders are still working to strike the right balance between operational speed and long-term workforce sustainability.

Technology investments are expected to play a central role in tackling these challenges, with 90% of organizations planning to invest further in automation and tools to streamline workflows. Standardizing processes, enhancing personalization, and improving offer acceptance rates also remain critical focus areas as teams aim to stay competitive in a demanding labor market.

By staying committed to efficiency, modernization, and candidate engagement, financial services teams are positioning themselves to reduce hiring bottlenecks and better manage ongoing workforce demands in the year ahead.

Final thoughts and key takeaways

This year, financial services hiring teams faced a challenging environment marked by increased competition for talent, retention struggles, and inefficiencies in hiring processes. As demands for skilled professionals intensified, organizations leaned on technology and automation to address bottlenecks and improve candidate engagement. However, persistent issues like recruitment team turnover, mismatched skills, and poor communication highlighted the ongoing need for innovation and adaptability.

Looking ahead to 2025, financial services leaders should prioritize:

  • Investing in hiring technology: Upgrading tools to automate workflows, streamline scheduling, and enhance decision-making will be critical for reducing time-to-hire and improving efficiency in a fast-paced sector.
  • Enhancing candidate engagement: Transparency, personalization, and faster hiring timelines will help attract top talent and foster stronger relationships with candidates in an increasingly competitive labor market.
  • Building recruiter and hiring team capacity: Providing comprehensive training and leveraging automation can alleviate the burden on overextended hiring teams, enabling them to maintain high performance while navigating complex demands.
  • Focusing on actionable metrics: Tracking candidate experience alongside metrics like time-to-hire and cost-per-hire will provide valuable insights to refine processes and strengthen competitive positioning.

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Healthcare Hiring Trends: Stats, Challenges, and Strategies for 2025

Editor’s note: The article below is an excerpt from GoodTime’s 2025 Hiring Insights Report. The entire report is available to view online for free here.

Healthcare hiring last year was defined by urgent demand, mounting pressures, and high stakes. The industry’s ongoing talent shortage collided with growing provider burnout and turnover, leaving TA leaders struggling to maintain workforce levels essential to patient care. Meanwhile, candidates, aware of their value in such a constrained labor market, demanded faster, more transparent hiring processes and a seamless experience. These challenges, combined with unmanageable workloads for recruiters and hiring managers, created a perfect storm for healthcare TA teams.

Despite these hurdles, healthcare organizations took important steps forward by embracing healthcare recruiting software, improving candidate engagement, and streamlining processes. Yet, persistent bottlenecks—like untrained interviewers, scheduling inefficiencies, and slow decision-making—continued to hamper progress. This section of our report examines how these factors reshaped healthcare hiring strategies, driving a shift toward innovation while exposing areas still in need of attention.

As the sector looks to 2025, healthcare TA leaders have an opportunity to transform their approach to hiring. By prioritizing operational efficiency, leveraging automation, and fostering meaningful candidate relationships, the industry can begin to alleviate workforce shortages and build more sustainable hiring practices. Let’s look at current healthcare hiring trends and stats, and the strategies healthcare leaders can deploy to address the challenges ahead.

Unlock healthcare’s top hiring strategies in 2025

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2025 Hiring Insights Report
key healthcare hiring stats 2025
  • 56% of hiring goals were achieved.
  • 57% of leaders reported an increase in time-to-hire.
  • 51% said the healthcare hiring landscape became more competitive.
  • Top hiring challenge: Retaining top talent.
  • Top priority for 2025: Improving overall hiring efficiency.

Looking back at 2024: Healthcare hiring jolts forward in the face of major challenges

The healthcare sector made measurable progress in 2024, achieving 56% of its hiring goals—a significant improvement from 46% in 2023. However, hiring leaders faced numerous challenges that reflect the unique pressures of the industry.

Retaining top talent emerged as the most critical issue, impacting 39% of organizations, while candidates’ preference for fully remote work added complexity to already strained recruitment efforts. A persistent shortage of qualified candidates further hindered the ability to fill vital roles.

Operational inefficiencies added to these difficulties, with organizations citing challenges such as adapting to hybrid or remote interview processes, managing large applicant volumes, and navigating outdated hiring technology. Candidate no-shows and dropouts—often tied to poor communication or lack of engagement—disrupted hiring timelines, while untrained hiring managers further slowed progress.

These challenges illustrate the steep hurdles healthcare organizations continue to face in a landscape defined by workforce shortages and high burnout. Despite improvements in hiring outcomes, 2024 emphasized the pressing need for healthcare leaders to adopt innovative solutions that address these unique challenges and ensure more sustainable progress.

Time-to-hire challenges continue to strain healthcare hiring amid provider shortages

In 2024, 57% of healthcare hiring leaders reported an increase in time-to-hire, highlighting persistent inefficiencies in meeting the demand for qualified providers

A lack of qualified candidates (47%) topped the list of challenges, followed closely by untrained or underprepared interviewers (44%) and frequent interview cancellations or reschedules (41%).

Delays in decision-making by hiring managers and poor communication with candidates further slowed hiring cycles, contributing to candidate withdrawals and disengagement. Addressing these bottlenecks will require healthcare organizations to streamline workflows, improve interviewer training, and implement tools that enable faster, more effective decision-making to compete for top talent.

In 2024, the healthcare hiring landscape grew increasingly competitive, with 51% of leaders citing rising demand for talent as a major challenge. High recruitment team turnover (50%) and growing candidate demands (45%) added further complexity, increasing the touchpoints needed to keep candidates engaged. The ability to connect with candidates quickly and create meaningful relationships became more critical than ever, as slow processes and a lack of personalization risked higher dropout rates.

How healthcare tackled hiring challenges in 2024

In response to persistent hiring challenges, healthcare organizations in 2024 focused on key improvements to boost efficiency and candidate engagement. Increasing offer acceptance rates (46%) was a top priority, reflecting the need to secure candidates quickly in a highly competitive market.

Efforts to improve the candidate experience (41%) and personalize the hiring process (40%) further demonstrated the sector’s focus on creating a seamless and engaging journey for applicants.

Organizations also prioritized time-to-hire (40%) and cost-per-hire (39%) improvements, recognizing that speed and cost efficiency are critical to staying competitive in a constrained labor market. Investments in AI and automation (37%) played a growing role in streamlining scheduling and reducing administrative burdens, while a smaller percentage (23%) began upgrading hiring technologies to modernize processes. 

While technology upgrades ranked lower on the list of focus areas (23%), the data suggests that teams may be underutilizing hiring technology as a solution to some of their top challenges. Investing in the right tools—particularly those that streamline scheduling and reduce administrative tasks—could help address persistent bottlenecks like time-to-hire, cost efficiency, and candidate engagement.

Looking at specific applications of AI and automation in healthcare hiring, we see that leaders are increasingly using AI chatbots to engage with and respond to candidates quickly. They’re also leveraging AI to help with administrative tasks like resume screening and interview scheduling software, as well as to deliver analytics and insights to help them continuously improve their hiring practices over time.

Building a fast and simple recruiting process for candidates

In 2024, healthcare organizations focused on simplifying the hiring process, with improved scheduling efficiency (54%) and fast interview-to-offer timelines (52%) topping the list of priorities.

Tools to enhance the candidate experience and provide transparency in the process further helped streamline hiring and boost engagement.

By enabling automated scheduling and offering flexibility, such as rescheduling through platforms (47%), organizations reduced friction and created a more candidate-friendly process.

How healthcare hiring teams measure success

In 2024, healthcare organizations prioritized recruitment metrics focused on retention and hiring efficiency, with employee turnover rate (53%) and quality of hire (46%) leading the way. Metrics like offer acceptance rate (43%) and cost-per-hire (42%) highlighted the focus on operational efficiency, while diversity of candidates (38%) and time-to-hire (37%) reflected priorities around balancing equity and speed. 

However, less frequent tracking of candidate experience metrics (28%) points to an opportunity for teams to better integrate candidate-focused insights into their hiring processes.

How healthcare talent leaders are gearing up for 2025

Healthcare hiring leaders anticipate significant shifts in 2025, with 51% expecting recruitment team turnover to further disrupt candidate flow management. 

Interestingly, 47% believe the hiring landscape will become less competitive due to an increase in available talent, despite the ongoing shortage of qualified providers3. This contradiction may stem from a broader pool of job seekers entering the market, but not all candidates may meet the specific qualifications required in the healthcare industry. As a result, while talent availability may rise, the demand for highly specialized, credentialed professionals will likely remain a critical challenge.

Growing candidate demands and the importance of building meaningful relationships with candidates (both 45%) are also predicted to shape hiring strategies.

Key challenges for 2025 include retaining top talent (34%), mismatched skills among applicants (32%), and unmanageable workloads for recruiting teams (27%). Candidate dropouts and difficulties adapting to hybrid interview processes are expected to persist, adding further complexity. Addressing these challenges will require healthcare organizations to refine their hiring processes and invest in tools that support speed, personalization, and flexibility, while also focusing on retaining skilled workers in an increasingly demanding landscape.

Healthcare leaders prioritize efficiency above all else in 2025

Healthcare leaders are prioritizing efficiency and candidate experience in 2025, with 40% aiming to improve overall hiring processes and 38% focusing on enhancing the candidate journey.

Upgrading hiring technology (35%) and utilizing AI to streamline operations (34%) have also moved higher on the agenda, reflecting a stronger push toward modernizing workflows and addressing key inefficiencies. Notably, upgrading technology was among the lower priorities for healthcare teams in 2024, but its increased focus this year signals a growing recognition of its critical role in solving persistent hiring challenges.

Investments in technology will play a central role in these efforts, with 93% of leaders indicating they are likely or very likely to invest in additional tools to boost hiring efficiency. These plans underscore the sector’s focus on leveraging technology to personalize hiring, reduce costs, and improve decision-making. By addressing these priorities, healthcare organizations are better positioned to navigate the growing complexity of the talent market and meet workforce demands in 2025.

Final thoughts and key takeaways

This year, healthcare hiring teams faced immense challenges, from a shortage of qualified providers to extended time-to-hire and inefficiencies in hiring processes. As demand for healthcare talent surged, the sector increasingly turned to technology and automation to streamline workflows and improve the candidate experience. However, challenges such as high recruitment team turnover, unmanageable workloads, and growing candidate demands highlighted the need for continued innovation and adaptability.

Looking ahead to 2025, healthcare leaders should prioritize:

  • Investing in hiring technology: Upgrading tools to optimize workflows, improve scheduling, and enhance communication will be crucial for reducing time-to-hire and increasing operational efficiency.
  • Enhancing candidate engagement: Personalization, transparency, and fast hiring processes will help attract and retain top talent in an increasingly competitive market.
  • Building recruiter and hiring manager capacity: Providing training and leveraging automation can ease the burden on recruitment teams, enabling them to manage workflows more effectively while maintaining high hiring standards.
  • Tracking meaningful metrics: Expanding the focus on candidate experience metrics alongside efficiency measures like time-to-hire will provide actionable insights to refine processes and remain competitive.

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Tech Hiring Trends in 2025: AI, Automation, and Candidate Experience Rule

Editor’s note: The article below is an excerpt from GoodTime’s 2025 Hiring Insights Report. The entire report is available to view online for free here.

The tech hiring landscape in 2024 was anything but straightforward. With demand for top talent in fields like AI, data science, and engineering still at an all-time high, companies faced intense competition to stand out. At the same time, economic uncertainty led to cautious hiring strategies, making the search for skilled professionals even more complex. For many tech TA leaders, extended time-to-hire and overloaded recruiters added pressure to an already challenging hiring environment. The result? A race to find innovative ways to attract and retain top-tier candidates in a sector where every hire matters.

This chapter dives into the key trends and challenges tech hiring teams navigated in 2024 and looks at how they’re preparing for 2025. From leveraging AI to tackle process bottlenecks to creating standout candidate experiences, we’ll explore how tech employers are stepping up to meet the moment. As competition for talent continues to heat up, the focus on efficiency, technology, and personalization will be critical to staying ahead. Let’s look at how tech hiring leaders are gearing up for what’s next.

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Executive summary: Key tech hiring stats for 2025

Key tech hiring stats for 2025
  • 50% of hiring goals were achieved.
  • Top hiring challenge: Lack of qualified candidates.
  • 69% of leaders reported an increase in time-to-hire.
  • 45% said the tech hiring landscape became more competitive.
  • Top priority for 2025: Upgrading hiring technology.

Looking back at 2024: Technology hiring faces a competitive landscape

In 2024, technology companies achieved just 50% of their hiring goals, down from 58% in 2023. This decline reflects the sector’s intense competition for talent, coupled with challenges like a lack of qualified candidates (29%) and hybrid work dynamics (28%).

The ongoing shift toward remote and flexible work models continued to strain hiring processes, particularly for roles requiring specialized skills or in-demand expertise.

Key obstacles also included limitations of current tech recruiting software (27%), multiple offers among candidates (26%), and an overwhelming number of applicants (25%). These challenges illustrated the need for more streamlined hiring workflows and innovative approaches to engaging top talent.

Time-to-hire rises dramatically in tech

In 2024, 69% of technology companies reported an increase in time-to-hire, reflecting persistent inefficiencies in their recruitment processes.

Bottlenecks such as untrained or underprepared interviewers (42%) and poor communication with candidates (42%) were among the leading factors contributing to these delays. Additionally, a lack of qualified candidates and hiring manager decision-making delays (both at 37%) further slowed hiring timelines, making it harder for organizations to secure top talent efficiently.

These challenges surface a critical need for improved training, better alignment across hiring teams, and more streamlined communication strategies, especially as the hiring landscape in tech continued to evolve in 2024, bringing both challenges and opportunities.

Nearly half (47%) of tech leaders reported that growing candidate demands added more touchpoints to the hiring process, while 45% said the race for talent became even more competitive.

Interestingly, 43% felt that the hiring landscape became less competitive for some roles, thanks to an increase in available talent—highlighting the varying dynamics across job specializations.

At the same time, building stronger candidate relationships (42%) and responding to candidates faster (36%) became critical priorities as companies worked to stand out in a crowded market. However, issues like recruitment team turnover (34%) and higher candidate dropout rates (30%) added complexity to an already challenging environment. To keep up, tech hiring teams will need to stay agile and adapt to these shifting dynamics while focusing on creating a standout candidate experience.

How the tech sector approached hiring challenges in 2024

In 2024, the tech sector placed a strong emphasis on streamlining hiring operations and leveraging technology to stay competitive.

A key focus emerged around increasing offer acceptance rates and reducing time-to-schedule, signaling the industry’s need to secure top talent faster in a highly competitive market. This urgency reflects not just speed but the importance of creating a positive, efficient candidate experience that prevents drop-off.

The focus on automation also stands out, with many organizations investing in tools to reduce manual tasks, from scheduling to reporting. At the same time, building stronger relationships with candidates remained a priority, emphasizing that while tech-driven efficiency matters, the human element in hiring is still critical for attracting top talent.

Overall, the tech industry’s recruitment strategies reveal a dual focus: leveraging automation for speed while maintaining personalization to deliver a more seamless and engaging candidate journey.

Tech companies leaned heavily on AI to address persistent hiring challenges, with nearly half (48%) adopting AI-powered analytics and reporting tools. This focus on data likely reflects the need for deeper insights into hiring trends, candidate behavior, and process inefficiencies as teams strive to make more informed decisions and optimize performance.

Interestingly, while analytics leads adoption, tasks like interview scheduling (37%) and candidate communications remain less automated—despite their direct connection to many of the sector’s top challenges, such as time-to-schedule delays and recruiter capacity issues. Implementing more robust interview scheduling tools could help alleviate many of these bottlenecks by reducing manual coordination, minimizing cancellations, and improving overall hiring efficiency.

As teams continue to invest in AI and automation, there’s a clear opportunity to expand these tools beyond insights and into process optimization, balancing data-driven strategies with operational improvements.

Building a fast and simple recruiting process for candidates

Transparency in the interview process emerged as a top priority for tech organizations, ensuring candidates had a clear understanding of what to expect at every step. Tools enabling candidates to reschedule interviews automatically (48%) and improvements in overall scheduling efficiency (48%) also ranked highly, reflecting a strong focus on flexibility and respect for candidate’s time.

By emphasizing efficiency, convenience, and candidate-centric practices, tech companies demonstrated their commitment to delivering an elevated hiring experience—one that reduces friction and builds trust with potential hires.

How tech hiring teams measure success

In the tech sector, hiring teams evaluate their effectiveness through a blend of quality and efficiency recruitment metrics. The top metric, quality of hire (42%), reflects a sector-wide emphasis on securing high-caliber talent that aligns with organizational goals and technical needs.

Offer acceptance rate (39%) and application completion rate (39%) followed closely, underscoring the importance of maintaining candidate engagement throughout the hiring funnel.

Metrics like time-to-hire (37%) and employee turnover rate (35%) highlight the dual focus on process efficiency and long-term talent retention. Surprisingly, only 27% of tech companies currently measure candidate interview experience directly, despite its potential to provide valuable feedback for refining hiring practices.

Tech talent leaders brace
for 2025

Heading into 2025, tech hiring teams expect recruitment turnover (47%) to be the most significant challenge, emphasizing concerns around maintaining hiring capacity. Following closely, nearly half (46%) of leaders identified building stronger candidate relationships as critical, suggesting a heightened focus on personalized engagement to better connect with talent.

Many also expect an evolving hiring landscape marked by both increased competition for talent (36%) and a rise in the number of candidates needed in the funnel (38%). This dual pressure underscores the need for faster, more efficient processes while maintaining meaningful candidate interactions to secure top talent in a tightening labor market.

Tech hiring teams anticipate continued strain from retaining top talent (29%) and managing unmanageable workloads (27%). These challenges, paired with issues like candidate drop-off and hybrid work complexities, highlight the need for greater efficiency in hiring processes.

To overcome these pressures, many teams will need to increase their reliance on AI and automation tools. Streamlining manual tasks such as interview scheduling, candidate communication, and resume screening can help reduce recruiter burden while improving the candidate experience. Addressing limitations in current hiring technology (25%) and better leveraging automation will be essential for teams striving to balance speed, accuracy, and candidate engagement.

How tech’s hiring leaders are shifting strategies

As tech hiring leaders prepare for 2025, upgrading hiring technology (40%) has emerged as the top priority, signaling a direct response to the challenges seen over the past year. Persistent issues like unmanageable recruiter workloads, process inefficiencies, and candidate drop-off have reinforced the need for more advanced tools that streamline hiring operations and reduce manual strain on teams.

This renewed focus on technology speaks to a forward-looking approach, with teams aiming to better manage complexity in a competitive hiring landscape. Improving overall efficiency (36%) and leveraging AI to make hiring more efficient (34%) closely follow, indicating a continued emphasis on solving operational bottlenecks while keeping hiring processes adaptable for future demands.

“I think AI and TA will really help with all the mundane tasks that talent acquisition has to deal with. It’s been years of ‘schedule interviews, figure out what calendars look like, go back and forth with hiring teams.’ I foresee all of that being AI driven so that individual contributors can really focus on the day to day of how do I attract the best talent.”
-Megan Hennessy, Former Global Senior Talent Leader, Meta

With 97% of respondents planning to invest further in automation and efficiency tools, tech companies are actively positioning themselves to reduce time-to-hire, enhance personalization (32%), and improve the candidate experience (25%). These strategies reflect not just a need for faster hiring but a shift toward balancing process optimization with a more human-centered experience to remain competitive in the year ahead.

Final thoughts and key takeaways for tech recruitment leaders

This year, technology hiring teams faced both familiar and emerging challenges, from the constant competition for specialized talent to rising inefficiencies in hiring processes. While 2024 saw heightened demand for top-tier candidates, tech hiring leaders also navigated shifting candidate expectations, skills mismatches, and increasing pressure to streamline workflows. Many leaned into automation, AI-driven tools, and enhanced technology to tackle bottlenecks and improve the overall efficiency of hiring processes. However, issues such as lengthy time-to-hire, recruiter bandwidth constraints, and the struggle to engage candidates emphasized the need for continued innovation and adaptability in the tech hiring landscape.

Looking ahead to 2025, tech TA leaders should prioritize:

  • Leveraging advanced technology: Investments in interview schedulers and other tools that reduce inefficiencies and improve candidate communication will be crucial to maintaining agility in hiring processes and meeting evolving demands.
  • Enhancing personalization and engagement: Creating fast, transparent, and personalized hiring experiences will help differentiate employers and attract top candidates in a competitive market where candidate expectations are high.
  • Strengthening hiring team capacity: Training recruiters and deploying technology to automate routine tasks will free up capacity, enabling teams to focus on high-value activities and maintain productivity under pressure.
  • Focusing on measurable outcomes: Tracking key metrics such as quality of hire, time-to-hire, and candidate experience will provide actionable insights, helping tech hiring teams refine strategies and stay ahead in an increasingly dynamic talent landscape.

For more stats on tech and other sectors, check out the full 2025 Hiring Insights Report.

Retail Recruiting in 2025: Key Trends, Challenges, and Insights

Editor’s note: The article below is an excerpt from GoodTime’s 2025 Hiring Insights Report. The entire report is available to view online for free here.

If one thing’s certain amid the hiring landscape’s uncertainty, it’s that retail recruiting won’t get any easier. Recruiters face a multitude of obstacles in the path ahead, including a constant stream of vacancies, high turnover rates, holiday and seasonal hiring demands, and the pressures that come with high-volume hiring

What’s clear is that the stakes have never been higher. Candidates today expect transparency, personalization, and responsiveness at every stage of the hiring process, and businesses that fail to deliver risk losing top talent to competitors. At the same time, retail hiring teams are constrained by outdated technologies, inefficient workflows, and high recruiter turnover—challenges that threaten to slow hiring efforts and derail growth goals.

This section of our report explores the key trends, challenges, and opportunities that defined retail hiring in 2024 and outlines strategies for addressing them in 2025. From leveraging technology to streamline hiring workflows to building stronger candidate connections, retail talent leaders have a clear path forward to strengthen their processes, reduce inefficiencies, and remain competitive in an increasingly demanding labor market.

Unlock retail’s top hiring strategies in 2025

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2025 Hiring Insights Report

Executive summary: Key retail recruiting stats for 2025

retail recruiting stats for 2025
  • Percentage of hiring goals achieved: 49%
  • Top hiring challenge: A lack of qualified candidates
  • 53% of leaders said time-to-hire increased
  • 56% said the retail hiring landscape became more competitive
  • Top priority in 2025: Upgrading hiring technology

Looking back at 2024: A challenging year for retail hiring

The retail sector faced a significant step back in 2024, achieving only 49% of its hiring goals—down from 58% in 2023. This decline was driven by persistent challenges retail hiring leaders grappled with amidst an increasingly squeezed talent market. Below, we explore the key hiring hurdles that defined the past year, as well as their implications for the sector.

Retail hiring goal attainment in 2025

A talent shortage amid high turnover

Retail hiring leaders cited the lack of qualified candidates as the top challenge in 2024, affecting a third of respondents. This was compounded by equally pressing issues like retaining top talent (32%) and technological limitations within existing hiring processes (32%). These challenges reduced the pool of qualified candidates, further exacerbating high turnover rates—an enduring pain point for an industry that thrives on a steady, reliable workforce.

retail hiring challenges

Additionally, the scale of high-volume hiring in retail presents a significant challenge. Many organizations face the task of filling hundreds or even thousands of roles annually, often within tight seasonal windows. The demand for rapid hiring at this scale intensifies the strain on recruiting teams and amplifies the impact of limited talent pools and inefficient processes.

The dual burden on retail managers

A unique challenge in retail hiring stems from the overextension of store managers. Beyond managing day-to-day operations, many are tasked with hiring and retaining talent—a responsibility that is time-intensive and often secondary to their operational duties. As a result, inefficiencies in hiring processes, such as inadequate training for hiring managers and outdated technology, directly impact a store’s ability to maintain adequate staffing levels.

The limits of current hiring technology

Hiring technology in the retail sector often fell short of supporting hiring goals. Limitations in tech were cited by 32% of retail leaders, while inefficiencies in automating repetitive tasks left hiring managers bogged down with administrative work. This reflects a broader trend in which technology adoption in retail lags behind other industries, slowing the sector’s ability to innovate and respond to candidate demandss—especially in high-volume hiring environments where speed and efficiency are critical.

Hiring process bottlenecks exacerbated issues with a shortage of qualified retail talent

In 2024, over half of retail hiring leaders reported an increase in time-to-hire, which exacerbated a broader struggle to balance high turnover and a shrinking talent pool with the operational demands of managing retail locations.

retail time to hire

The top bottlenecks driving these delays in time-to-hire paint a clear picture of inefficiencies within the retail hiring process. Frequent interview cancellations, scheduling delays, and slow decision-making from overburdened hiring managers have created significant barriers to securing talent. Poor communication with candidates further compounds these issues, leading to disengagement and higher dropout rates.

These inefficiencies are particularly harmful in an industry reliant on speed and high-volume hiring. To regain momentum, retail leaders must prioritize solutions that automate repetitive tasks, streamline scheduling, and improve communication at every stage. By reducing these bottlenecks, the retail sector can better compete for top talent in an increasingly tight labor market.

The retail hiring landscape became markedly more competitive in 2024, with increased demand for talent straining already stretched recruitment teams. High turnover within recruitment itself further weakened teams’ ability to manage candidate pipelines, while growing candidate demands added complexity by increasing the number of touchpoints required to keep candidates engaged throughout the hiring process.

Amid this challenging environment, building meaningful relationships with candidates emerged as a top priority. Retail hiring leaders emphasized the need to connect quickly and authentically, as delays or lack of engagement risked losing candidates to competitors. The increasing need to fill funnels with more candidates—combined with a heightened dropout rate—showed how essential it is to adapt hiring strategies for speed, personalization, and scalability.

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How retail attempted to address hiring challenges in 2024

In 2024, retail organizations prioritized increasing personalization, upgrading hiring technology, and improving efficiency to tackle mounting hiring challenges.

Retail recruitment focus areas

These efforts aimed to create a seamless candidate experience while addressing persistent bottlenecks. Improving offer acceptance rates and standardizing hiring processes were also key focus areas.

Retail hiring AI

Automation and AI were integral to these improvements, with retail teams using them to draft candidate communications, schedule interviews, and generate insights from their data. AI-powered tools like chatbots and resume screening further reduced administrative burdens, allowing recruiters to focus on building relationships and making strategic decisions.

These initiatives marked progress toward more efficient hiring, but retail leaders will need to continue refining their processes to address lingering inefficiencies and remain competitive.

“Augment your work with AI, don’t replace the quality of your interaction with other people. Don’t do interviews via AI, but book them, set up your administrative structure via AI. That’s much more helpful than trying to replace yourself.”
-Thomas Waldman, Global Head of Talent Acquisition & Contingent Workforce, Action

Building a fast and simple recruiting process for candidates

Retail organizations increasingly prioritized candidates in 2024, with transparency and streamlined scheduling emerging as key enablers of a better candidate experience. Offering candidates the ability to reschedule interviews automatically through tech-enabled platforms was a critical advancement, as it minimized delays and improved flexibility. Fast interview-to-offer timelines and automated scheduling at candidates’ convenience further reinforced the role of technology in optimizing the hiring process. These innovations, combined with AI-driven tools highlighted in the previous section, demonstrate how retail leaders are leveraging automation to enhance the recruitment journey for candidates and hiring teams alike.

retail hiring process

How retail hiring teams measure success

Retail hiring teams continued to focus on recruitment metrics tied to efficiency and effectiveness in 2024, with quality of hire (52%) and time-to-hire (51%) leading as the most frequently measured KPIs. These metrics align with the sector’s emphasis on reducing hiring delays and quickly filling a high volume of open roles to keep operations running smoothly. Time-to-hire remains a critical metric in retail, where staffing gaps can directly impact day-to-day business performance.

However, the relatively low measurement of candidate interview experience (25%) is surprising, given the widespread acknowledgment of its importance in attracting and retaining top talent.

This gap highlights an opportunity for retail teams to integrate candidate feedback into their hiring processes. By leveraging automation and building dashboards that track candidate experience in real-time, hiring leaders can gain actionable insights while maintaining the efficiency needed to compete in today’s market. Enhanced visibility into candidate perceptions would not only improve experiences but also strengthen overall hiring strategies.

How retail talent leaders are gearing up for 2025

The retail hiring landscape in 2025 is expected to grow even more competitive, with increased demand for talent and high recruitment team turnover emerging as key factors. Hiring leaders anticipate a need for larger candidate funnels and faster connections with applicants to meet growing demands.

In addition to systemic changes, retail hiring teams expect several familiar challenges to persist. Hybrid work complexities, candidates with multiple offers, and retaining top talent remain significant concerns. The sector is also preparing to deal with a rise in candidate dropouts, mismatched skill sets, and suboptimal employer branding—all of which could further disrupt hiring timelines. Addressing these challenges will require not only efficient processes but also innovative use of technology.

A tech-enabled revolution is on the horizon in the sector

Retail leaders are prioritizing upgrading hiring technology (39%) as their top focus for 2025, recognizing its critical role in addressing inefficiencies and evolving candidate expectations.

Improving time-to-hire (36%) and building relationships with candidates (36%) also rank high, emphasizing the need for faster, more personalized hiring processes. Additionally, initiatives like standardizing the hiring process (33%) and reducing cost-per-hire (33%) highlight a focus on balancing efficiency with cost control.

Final thoughts and key takeaways

This year, the retail talent leaders highlighted significant challenges—from talent shortages and extended time-to-hire to inefficiencies in scheduling and candidate engagement. As competition for top talent intensified, the sector leaned on technology and automation to address bottlenecks and improve the overall hiring experience. However, persistent issues such as high recruitment team turnover, candidate dropouts, and mismatched skill sets reaffirmed the need for continued innovation and agility.

Looking ahead to 2025, retail leaders should prioritize:

  • Investing in hiring technology: Upgrading tools to streamline workflows, optimize scheduling, and enhance communication will be critical in reducing time-to-hire and improving efficiency.
  • Enhancing candidate engagement: Personalization, transparency, and fast interview processes will help attract and retain top talent in an increasingly competitive market
  • Strengthening recruiter and hiring manager capacity: Standardizing workflows and leveraging automation can ease the burden on overextended teams while maintaining high hiring standards.
  • Focusing on metrics that matter: Measuring candidate experience alongside efficiency metrics like time-to-hire will provide valuable insights to refine processes and deliver a competitive edge.

2025 Hiring Statistics: Challenges, Trends, and Lessons Learned

Editor’s note: The article below is an excerpt from GoodTime’s 2025 Hiring Insights Report. The entire report is available to view online for free here.

Introduction from Ahryun Moon

In 2025, hiring is about so much more than filling open roles—it’s about creating the exceptional hiring experiences that continuously grow a world-class workforce. 

Partnering with over 500 talent acquisition (TA) leaders, our fourth annual Hiring Insights Report uncovers a stark reality: talent acquisition teams across industries are navigating a complex landscape defined by persistent bottlenecks, shrinking resources, and rising candidate expectations. 

Amid these challenges, one truth stands out: the organizations thriving in 2025 are those that embrace innovation and bold new strategies. Whether it’s leveraging automation to save time, reducing bottlenecks with smarter tools, or personalizing every candidate interaction, these leaders prove that hiring can be faster, more efficient, and deeply human.

This report provides not just data, but actionable insights—best practices you can implement to improve your hiring processes and set your team apart in an increasingly competitive market. It’s a blueprint for reimagining what’s possible in talent acquisition.

So I invite you to dive into these insights, take inspiration from the strategies of top TA leaders, and join us in redefining the future of hiring together.

-Ahryun Moon, CEO and Co-Founder, GoodTime

Unlock 2025’s top hiring strategies: Insights from 500+ TA leaders

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Key findings at a glance

  • AI adoption is surging, with 93% of TA leaders planning additional technology investments in 2025
  • 60% of organizations saw time-to-hire increase in 2024
    • The top bottleneck slowing the hiring process was interview cancellations and reschedules
  • Compared to everyone else, top-performing TA teams* were:
    • 55% more likely to focus on improving the candidate experience.
    • 35% more likely to focus on decreasing time-to-schedule.
    • 25% more likely to use AI to make hiring more efficient.
  • 64% of TA teams grew their headcount in the last 12 months
Hiring statistics from 2025

TA teams confront record-low hiring goal attainment in 2024

In 2024, TA teams achieved just 47.9% of their hiring goals—the lowest rate in the four years since we’ve been tracking them. Persistent challenges like scheduling delays, communication gaps, and rising time-to-hire, detailed in the section below, have made it harder to compete for top talent, and rewarding those who most enthusiastically embrace innovation.

As we’ll show later in this chapter, AI and workflow optimization are helping teams address these inefficiencies while adapting to evolving candidate expectations. As hiring grows more complex, embracing these innovations will be essential for success in 2025.

Manufacturing’s struggles persist while healthcare rebounds

The manufacturing sector continued to rank lowest in hiring goal attainment, dropping to 36%—a significant decline from 44% in the previous two years. This highlights a deepening talent shortage in the sector, exacerbated by labor market constraints and growing competition for skilled workers. Similarly, the retail sector faced a sharp decline, falling to 49% from 58% in 2023.

Healthcare, however, saw a notable rebound, climbing to 56%—its highest level since 2022.

The data portrays a challenging hiring environment across all sectors, with no industry surpassing 60% attainment for the third consecutive year. As talent acquisition leaders grapple with these hurdles, the need for innovative approaches, like automation and targeted workforce planning, has never been clearer.

What the healthcare sector got right

We compared the healthcare sector’s 2024 focus areas to other industries to learn how they realized major gains in goal attainment this year and found they were:

  • 42% more likely to have focused on decreasing time-to-schedule
  • 44% more likely to have focused on reducing cost-per-hire
  • 21% more likely to have increased personalization in the hiring process

Top overall hiring challenges

Retaining top talent remained the most significant challenge for TA teams in 2024, as competition for skilled employees intensified. However, limitations in hiring technology were also a top concern, continuing a trend identified in previous years’ reports. Many teams cited outdated or insufficient tools as barriers to scaling hiring operations effectively, often leading to increased manual workloads and process inefficiencies.

Other widespread challenges included unmanageable workloads for recruiting teams, adapting interviews for remote or hybrid work, and changes in company hiring policies — all of which further strained resources and slowed hiring progress.

“Recruiters have been maxed out at 120% for the last two years. What we’ve got to do is super difficult, but also super simple. We’ve got to draw a line and say, actually, I need to create bandwidth to redesign the recruiting process and workflows with AI first.”
-Hung Lee, Founder | Recruiting Brainfood

Additionally, new concerns have emerged, such as candidates using AI to misrepresent their qualifications and the growing complexity of hybrid work environments. These factors emphasize the need for better decision-making tools, streamlined processes, and the adoption of AI to help talent teams assess candidate authenticity and suitability more effectively.

Rising time-to-hire: A growing concern

Compounding the challenges TA teams face—or perhaps as a result of them—is the persistent increase in time-to-hire. In 2024, 60% of companies reported that their time-to-hire had increased, up from 44% the previous year, while only 6% managed to reduce it. And this struggle was present across all sectors, with none managing to hire faster this year. This trend isn’t just delaying the hiring process—it’s increasing costs and causing companies to lose top candidates.

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Scheduling issues and poor communication are lengthening time-to-hire

What’s behind the rise in time-to-hire? Persistent bottlenecks such as frequent interview cancellations, reschedules, and hiring manager delays continue to disrupt hiring timelines. However, a closer look reveals that many of these challenges stem from scheduling inefficiencies. When the pool of available interviewers is limited, even minor disruptions — like last-minute cancellations — can trigger rescheduling bottlenecks that slow hiring progress significantly. These delays risk losing top candidates to competitors and place additional strain on recruiting teams.

Poor communication with candidates — another top-cited issue — further compounds these inefficiencies, emphasizing the need for talent teams to adopt solutions that streamline workflows. As we’ll explore later, AI-driven scheduling and automation can help alleviate these pain points, ensuring faster coordination, better communication, and a smoother hiring experience for everyone involved.

Hiring teams still spend too much time on low-value work

Recruiting teams continue to spend an outsized amount of their time on repetitive, low-value tasks, with 35% of their time dedicated to interview scheduling alone in 2024. Despite the increasing availability of tools designed to reduce this burden, there has been minimal progress in shrinking the share of scheduling work. Historical data from our previous year’s reports reveals a persistent challenge: time spent scheduling has only decreased slightly since it stood at 37% in 2021, and peaked at 42% in 2022.

This ongoing stagnation highlights how administrative burdens are preventing talent teams from focusing on strategic priorities like enhancing the hiring experience and optimizing candidate quality. Embracing automation and AI is becoming more critical than ever, especially considering:

  • 27% of TA leaders say their teams struggle with unmanageable workloads, up from 20% last year.
  • 45% report that more touchpoints are now needed in the hiring process compared to previous years.
  • 51% anticipate recruitment team turnover will present even greater challenges in 2025.

Remote and hybrid work arrangements still pose a challenge for TA leaders

Yes, even heading into 2025, half a decade after the remote work revolution was thrust upon us by COVID, hiring teams still struggle to adapt their processes and their overall hiring strategy. Despite some normalization of hybrid work arrangements, key challenges remain:

  • 27% of TA leaders cited difficulty adapting interview processes to remote or hybrid environments.
  • 26% highlighted hybrid work challenges more broadly, such as managing distributed teams and balancing flexibility with productivity.
  • 25% pointed to candidates’ preference for fully remote roles as a critical hurdle in aligning expectations.

Workforce distribution trends show a shift back toward in-office arrangements, with 37% of organizations reporting a fully in-office workforce in 2024 compared to just 15% in 2023. However, most companies still operate in a hybrid mode, with 55% maintaining a mix of in-office and remote work. Fully remote setups, meanwhile, remain at just 1%.

TA teams used AI and process improvement to level up

Facing challenges like rising time-to-hire, scheduling delays, and unmanageable workloads, TA teams turned to AI and process optimization in 2024. Increasing offer acceptance rates, improving efficiency, and enhancing the candidate experience were top priorities, reflecting the need to streamline workflows and reduce bottlenecks.

AI played a pivotal role, with many teams using it to automate repetitive tasks and optimize hiring processes. These investments not only addressed immediate inefficiencies but also helped recruiters focus on engaging top talent and improving overall hiring outcomes, setting the stage for more scalable practices in 2025.

The transformative impact of AI

AI adoption is transforming how TA teams tackle persistent hiring challenges like inefficiency and administrative burdens. By automating repetitive tasks—such as interview scheduling, application screening, and reporting—teams have freed up valuable time to focus on strategic priorities, like engaging high-value candidates.

But the benefits extend beyond time savings. AI’s growing role in analytics and decision-making enables talent teams to identify bottlenecks, measure the effectiveness of their efforts, and adjust strategies in real-time. For TA leaders, the key takeaway is clear: AI isn’t just a solution for today’s challenges but a foundation for building scalable, data-driven hiring strategies for the future.

“AI is vividly loud right now, and thinking about how we can apply it to all the different work streams that we have in talent acquisition is probably at the forefront of anyone that is in a position like mine right now.”
-Rameen Fattahi, Director of Talent Acquisition, Rivian

SMS and WhatsApp bridge candidate communication gaps

As we outlined earlier, poor communication has been a consistent bottleneck in hiring, but texting is helping teams address this gap. Over half of talent acquisition teams now use centralized texting platforms to ensure timely, seamless candidate interactions.

These tools enable teams to deliver personalized communication at scale, which is critical in maintaining candidate engagement and reducing the dropout rate. For TA leaders, transitioning away from personal devices—which 16% of teams still rely on—toward centralized platforms ensures security, consistency, and professionalism, ultimately strengthening the candidate experience.

“We want to hire the best people in the world, and the technology that we choose to help us do that isn’t something that we take lightly. We’re really focused on creating a seamless ecosystem that suits all of our end users’ needs. That includes having information at their fingertips so they don’t have to jump from system to system to locate the information they need.”
-Carissa Spencer, Global TA Enablement & Operations Lead, Canva

Evolving talent teams: Growth, reorganization, and the role of AI

Over the past year, talent teams have seen significant changes, with 64% of organizations growing their headcount as hiring demands increased. However, not all teams expanded; 21% reorganized existing roles, and 12% reduced headcount, reflecting varied responses to economic pressures and operational needs.

While 45% of organizations cited AI as a primary factor in restructuring, and 54% noted it as a contributing factor, the shift isn’t about reducing roles—it’s about enhancing them. AI is helping streamline repetitive tasks, allowing recruiters and hiring managers to focus on relationship-building, strategic decision-making, and creating exceptional candidate experiences.

This shift highlights how AI is becoming a collaborative partner in talent acquisition, supporting specialized teams in managing workloads more effectively while opening the door for upskilling and professional growth.

“We do need automation specialists on the team, whether that’s recruiting operations or a role that is constantly looking at process design and enhancements. But we absolutely have to upskill our team, and we have to be creative when we think about what the roles are and how the work gets done.”
-Elaine Orler, Chief Strategy and Product Officer, Match2

More key trends at a glance

Layoffs rise again in 2024, but with
less severity

After a dip in 2023, layoffs surged again in 2024, with 63% of companies reporting workforce reductions, up from 43% the previous year.

However, while more companies conducted layoffs, the scale of these reductions didn’t touch the levels seen in 2022.

Employee performance and engagement hit a high note

Both employee engagement and performance saw improvements in 2024, with 50% rating engagement as “excellent” and 48% rating performance as “excellent,” the highest levels in recent years.

DE&I continues to be deprioritized

The percentage of companies making DE&I a measurable priority has fallen for the third consecutive year, dropping to just 22% in 2024. While TA leaders overwhelmingly agree on the importance of diversity, equity, and inclusion, other priorities have pushed DE&I to the background in the face of tight budgets, workforce reductions, and rising competition for talent.

This decline is concerning, especially considering that research consistently shows that diverse workplaces foster innovation and attract top candidates, with 78% of the workforce stating that DE&I is important to them2. Companies that deprioritize DE&I risk losing out on both talent and long-term organizational success.

To reverse this trend, TA leaders must move beyond intentions and take measurable action. This means investing in DE&I programs that align with business goals, leveraging technology to minimize bias, and ensuring that leadership accountability drives sustainable progress.

“The trick is to embed inclusion in the process so well, that it is scalable without many resources. AI can really help here—for example, using an augmented writing tool for job descriptions to ensure neutral language for attraction. Competency-based or skill-based interviewing further reduce bias, as do group decision making processes.”
-Manjuri Sinha, VP HR/Global Head of GTM Org Success & People Partners, Miro

Retail Sector Overcomes Hiring Hurdles with AI, GoodTime Report Shows

The 2024 Hiring Insights Report: Retail Edition by GoodTime highlights the retail sector’s strategic use of AI and automation to enhance hiring efficiency and candidate experience in a competitive market.

San Francisco – April 4, 2024

Today, GoodTime released its 2024 Hiring Insights Report: Retail Edition, providing an in-depth look at how retail talent acquisition (TA) teams leveraged technology to navigate hiring challenges.

Despite a competitive landscape and evolving work models, retail businesses achieved a 23% lift in hiring goal attainment in 2023. The report, sourced from 105 HR and TA professionals in the sector, illustrates a shift towards technology to streamline hiring processes and improve the overall candidate experience.

Key findings from the report:

  • 99% of retail TA teams have integrated automation or AI into their hiring processes.
  • Retail hiring goal attainment jumped up to 57.7% in 2023 (versus 46.8% the year prior), ranking among the highest of all sectors.
  • Major challenges include talent retention, adapting to hybrid work models, and managing compensation expectations.
  • 91% of retail TA leaders plan to increase investment in hiring technology in 2024.

Retail’s strategic response:

Facing a shortage of workers and struggles with talent retention, the sector’s TA leaders have:

  • Enhanced use of AI for tasks like application screening and interview scheduling.
  • Focused efforts on improving candidate experiences and streamlining interview processes.
  • Standardized hiring processes to ensure efficiency and fairness.

“In retail, where companies need to hire quality workers at a high volume, adapting processes is not just a necessity but an art,” said Ahryun Moon, CEO & Co-Founder of GoodTime. “This year’s report illuminates how a sector deeply impacted by shifting consumer behaviors and the digital revolution is ingeniously harnessing AI and automation. These tools are not only being used to accelerate the pace of hiring, but also to refine the art of identifying and nurturing talent that meets the needs of today’s fast-paced, customer-centric world.”

To download the full report, visit goodtime.io.

About GoodTime

GoodTime helps talent acquisition teams hire up to 50% faster by automating interview scheduling, candidate communications, and more. Hundreds of the world’s leading companies including Slack, Sony Interactive Entertainment, Lyft, Shopify, and HubSpot trust GoodTime to accelerate their hiring process while maintaining a best-in-class candidate experience.

With advanced features like multi-day and panel interview scheduling, SMS and WhatsApp communication, workflow automation, intelligent interviewer selection, and powerful data and benchmarking reports, we’re helping enterprise companies cut their time-to-hire in half.

Learn more at goodtime.io.

Media Contact

For more information or to arrange an interview with Ahryun Moon, please contact:

Jake Link

press@goodtime.io

Unlock retail’s top hiring strategies in 2025

Our study of 105 retail TA leaders reveals how to hit your hiring goals in a challenging market.

2025 Hiring Insights Report

Manufacturers Fight Hiring Challenges with AI, Finds GoodTime Report

The 2024 Hiring Insights Report: Manufacturing Edition from GoodTime highlights how the sector is embracing AI and automation to navigate a hiring landscape marked by labor shortages, a surge in specialized talent needs, and evolving work models.

San Francisco – March 26, 2024

Today, GoodTime released its 2024 Hiring Insights Report: Manufacturing Edition, revealing how talent acquisition (TA) teams in the manufacturing sector have turned to technology to counter hiring challenges.

Amidst a surge in specialized talent demands, particularly for roles like software engineers, the manufacturing sector achieved 44.3% of their hiring goals on average in 2023. The report, based on insights from 105 HR and TA professionals in the sector, shows a shift towards embracing technology to optimize hiring efficiency and improve candidate experience.

Key findings from the report:

  • 100% of manufacturing TA teams surveyed used some form of automation or AI.
  • 86% of TA leaders in the sector plan to invest in more hiring technology in 2024.
  • Persistent challenges include adapting to remote work, managing compensation expectations, and talent retention.
  • 38% of manufacturing companies reported layoffs in 2023.

Manufacturing’s strategic response:

In the face of massive hiring hurdles, the sector’s TA leaders have:

  • Integrated AI and automation in areas like resume screening and interview scheduling.
  • Enhanced the candidate experience and interview scheduling process.
  • Standardized hiring processes for improved efficiency and fairness.

“Manufacturing companies are not just adapting, but innovating at an impressive rate,” said Ahryun Moon, CEO & Co-Founder of GoodTime. “It’s a sector where balancing technological advancements with the human element isn’t just a strategy – it’s a necessity. This pivot towards AI and smarter hiring processes isn’t just about keeping pace; it’s about setting a new standard for how we approach talent acquisition in an industry known for its resilience and ingenuity.”

To download the full report, visit goodtime.io.

About GoodTime

GoodTime helps talent acquisition teams hire up to 50% faster by automating interview scheduling, candidate communications, and more. Hundreds of the world’s leading companies including Slack, Sony Interactive Entertainment, Lyft, Shopify, and HubSpot trust GoodTime to accelerate their hiring process while maintaining a best-in-class candidate experience.

With advanced features like multi-day and panel interview scheduling, SMS and WhatsApp communication, workflow automation, intelligent interviewer selection, and powerful data and benchmarking reports, we’re helping enterprise companies cut their time-to-hire in half.

Learn more at goodtime.io.

Media Contact

For more information or to arrange an interview with Ahryun Moon, please contact:

Jake Link

press@goodtime.io

Unlock manufacturing’s top hiring strategies in 2024

Our study of 105 manufacturing TA leaders reveals how to hit your hiring goals in a challenging market.

2025 Hiring Insights Report

Healthcare Embraces AI Amidst Labor Shortage, GoodTime Report Reveals

GoodTime’s 2024 Hiring Insights Report: Healthcare Edition unveils how AI and automation have become vital tools for healthcare organizations struggling to fill crucial roles in a tight labor market.

San Francisco – March 12, 2024

In the face of an acute healthcare labor shortage, the 2024 Hiring Insights Report: Healthcare Edition, published today by GoodTime, reveals how healthcare talent acquisition (TA) teams harnessed AI and automation to address critical hiring challenges.

With the US Department of Labor projecting a shortage of 195,400 nurses by 2031 and a 37% increase in demand for home health aides, the report, based on a survey of 105 TA leaders in the healthcare sector, underscores the urgency for innovative hiring strategies to combat the labor crunch.

Key findings from the report:

  • 100% of healthcare TA teams surveyed utilize some form of automation or AI for hiring.
  • Hiring goal attainment dipped to 45.6% in 2023.
  • The sector’s top challenges include sourcing qualified candidates, work-life balance, and adapting to remote or hybrid interview processes.
  • 50% of healthcare organizations experienced layoffs in 2023.
  • 97% of healthcare TA leaders plan to invest in more hiring technology in 2024.

Healthcare’s strategic response:

In the face of seemingly insurmountable challenges, the healthcare sector’s TA leaders have embraced:

  • AI-driven improvements in application and resume screening, and interview preparation.
  • A shift towards enhancing candidate experience and more efficient interview scheduling.
  • A move to standardize hiring processes for greater efficiency and fairness

“The healthcare sector is at a pivotal moment in grappling with a skilled labor shortage. Our report highlights how healthcare organizations are turning to AI and automation with optimism to navigate these challenges,” said Ahryun Moon, CEO & Co-Founder of GoodTime. “By optimizing their hiring processes with technology, they can focus on making meaningful connections with candidates that help them secure crucial talent in a lean market.”

To download the full report, visit goodtime.io.

About GoodTime

GoodTime helps talent acquisition teams hire up to 50% faster by automating interview scheduling, candidate communications, and more. Hundreds of the world’s leading companies including Slack, Sony Interactive Entertainment, Lyft, Shopify, and HubSpot trust GoodTime to accelerate their hiring process while maintaining a best-in-class candidate experience.

With advanced features like multi-day and panel interview scheduling, SMS and WhatsApp communication, workflow automation, intelligent interviewer selection, and powerful data and benchmarking reports, we’re helping enterprise companies cut their time-to-hire in half.

Learn more at goodtime.io.

Media Contact

For more information or to arrange an interview with Ahryun Moon, please contact:

Jake Link

press@goodtime.io

Unlock healthcare’s top hiring strategies in 2025

Our study of 105 healthcare TA leaders reveals how to hit your hiring goals in a challenging market.

2025 Hiring Insights Report

99% of Financial Services Sector Embraces AI and Automation Amidst Hiring Challenges

The Financial Services Edition of GoodTime’s 2024 Hiring Insights Report highlights the sector’s strategic adoption of AI and automation to address critical hiring challenges, including talent retention, unrealistic compensation expectations, and integrating hybrid work models.

San Francisco – February 27, 2024

The 2024 Hiring Insights Report: Financial Services Edition, released today by GoodTime, uncovers critical shifts in the financial services sector’s approach to hiring. Amidst a competitive landscape, 99% of surveyed talent acquisition (TA) leaders in financial services are utilizing automation or AI to secure top talent and enhance personalization in the hiring process.

Key findings from the report:

  • Hiring goal attainment in the sector increased by 4 percentage points.
  • Top challenges include talent retention, compensation expectations, and candidates no-showing.
  • 46% of financial services companies conducted layoffs in 2023.
  • 88% of financial services TA leaders plan to invest in additional hiring technology in 2024.

The financial services sector’s response to hiring challenges:

Amid volatile market conditions, there’s a wave of enthusiasm as the sector’s leaders capitalize on cutting-edge technologies to sharpen their competitive edge in securing top talent.

  • Embracing AI and automation: Key focus areas include application and resume screening, creating interview questions, and writing job descriptions.
  • Improving the candidate experience: Focusing on personalization and efficient scheduling to win top talent.
  • Standardizing hiring processes: To enhance efficiency and ensure fairness.

“Financial services companies face unique hiring challenges in a market that continues to shift. Our report shows a clear trend towards the adoption of AI and automation, not as a replacement for human interaction, but as a tool to enhance it,” said Ahryun Moon, CEO & Co-Founder of GoodTime. “By automating mundane tasks, financial services firms can focus more on building meaningful relationships with candidates, which is crucial in a competitive talent market.”

To download the full report, visit goodtime.io.

About GoodTime

GoodTime helps talent acquisition teams hire up to 50% faster by automating interview scheduling, candidate communications, and more. Hundreds of the world’s leading companies including Slack, Sony Interactive Entertainment, Lyft, Shopify, and HubSpot trust GoodTime to accelerate their hiring process while maintaining a best-in-class candidate experience.

With advanced features like multi-day and panel interview scheduling, SMS and WhatsApp communication, workflow automation, intelligent interviewer selection, and powerful data and benchmarking reports, we’re helping enterprise companies cut their time-to-hire in half.

Learn more at goodtime.io.

Media Contact

For more information or to arrange an interview with Ahryun Moon, please contact:

Jake Link

press@goodtime.io

Unlock finance’s top hiring strategies in 2025

Our study of 105 financial services TA leaders reveals how to hit your hiring goals in a challenging market.

2025 Hiring Insights Report

Tech Talent Acquisition Leaders to Increase Investment in Automation and AI in 2024

The Technology Edition of GoodTime’s 2024 Hiring Insights Report reveals a major acceleration in hiring tech adoption. Despite challenges with talent retention and longer time-to-hire, tech companies improved hiring goal attainment through thoughtful use of AI and automation.

San Francisco – February 13, 2024

The 2024 Hiring Insights Report: Technology Edition, published today by GoodTime, reveals a major acceleration in tech adoption, with 91% of the tech sector’s talent acquisition (TA) leaders planning to increase their investment in hiring technology in 2024.

After surveying 525 talent acquisition leaders across sectors, this new edition of the 2024 Hiring Insights Report focuses on the 100 respondents in technology and highlights a significant increase in hiring goal attainment. However, the report shows the sector also faced persistent challenges with talent retention, lack of qualified candidates, and an escalating time-to-hire.

  • On average, TA teams hit 58.2% of their hiring goals in 2023, up from 51.7% the previous year.
  • 41% of TA leaders cite talent retention as a top challenge.
  • 45% of companies said their time-to-hire increased in 2023.
  • Nearly half (49%) of tech companies conducted layoffs in 2023.

The tech sector leads in hiring goal attainment

Of all sectors analyzed, tech ranked highest in hiring goal attainment. We compared the sector’s focus areas to all other industries and found that tech companies were:

  • 78% more likely to utilize AI for hiring efficiency.
  • 45% more likely to have upgraded their hiring technology.
  • 18% more likely to have improved their candidate experience.

Planning for more human-AI collaboration in 2024

When asked about key focus areas for 2024, tech TA leaders pointed to:

  • Increasing personalization in the hiring process (49%).
  • Utilizing AI for hiring efficiency (42%).
  • Optimizing automation in the hiring process (42%).

“Too often AI and automation are perceived as being at odds with human-centric experiences,” said Ahryun Moon, CEO & Co-Founder of GoodTime. “Our report shows that tech’s TA leaders have adopted a different perspective. I’m glad to see they recognize that automating time-consuming, mundane tasks empowers them to prioritize and enhance the human element in their hiring process.”

To download the full report, visit goodtime.io.

About GoodTime

GoodTime helps talent acquisition teams hire up to 50% faster by automating interview scheduling, candidate communications, and more. Hundreds of the world’s leading companies including Slack, Sony Interactive Entertainment, Lyft, Shopify, and HubSpot trust GoodTime to accelerate their hiring process while maintaining a best-in-class candidate experience.

With advanced features like multi-day and panel interview scheduling, SMS and WhatsApp communication, workflow automation, intelligent interviewer selection, and powerful data and benchmarking reports, we’re helping enterprise companies cut their time-to-hire in half.

Learn more at goodtime.io.

Media Contact

For more information or to arrange an interview with Ahryun Moon, please contact:

Jake Link
press@goodtime.io

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