The key tools to proactively assess and reduce candidate dropout to maximise conversion

Uploaded

20th June 2022

Read Time

30 Minutes

Format

Slides

Woman sits on the sofa for her first day working from home.

Download the slides from the latest Marsterclassing event and learn how to reduce candidate dropout.

Learn the cost of lost talent, the scale of the problem in today's market and how to fix it.

Employers are facing tough challenges in the UK labour market which are making it increasingly difficult to recruit and retain people.

Although we enjoying the lowest unemployment rate in 50 years, the flip-side is that there are more vacancies. In fact, for the first time since records began, there are fewer unemployed people than job vacancies.

Office of National Statistics data reveals that total job-to-job moves also increased to a record high of 994,000, driven by resignations rather than dismissals, during the first quarter of 2022.

Candidates are in short supply and many existing employees are moving to roles that provide them with greater opportunities for career progression and a better sense of belonging.

Employers are reporting increases in ghosting and reneging with candidates either turning down job offers, suddenly stopping responding to messages or failing to show up for their first day of work. And this is costing employers time and money.

So, what’s the solution?

Download our free masterclass to learn how to create a cost-effective strategy that utilises benchmarking, employee feedback and data insights. We’ll also explain how technology is key to providing an at-scale solution that drives recruitment and retention.