Anyone who has ever been in a room with an interviewer knows that the pressure to give the right answers can be overwhelming. Add to it the uncertainties of a global pandemic and the escalating unemployment rate (4.2 percent as of late 2021), and the fact that recruitment rules are now being rewritten, and job interviews are more stressful than ever. At the same time, the pandemic has opened new career pathways too. New trends and job interview statistics have emerged, and employers across the world are leaving no stone unturned to win and retain the right talent.
With the changes coming fast and furiously, it can be unnerving to navigate the complex job market in 2023. Keeping your eyes on the latest job interview trends can give you a better idea of what employers expect and what you, as the candidate, can expect going into interviews for your dream role.
This article offers a comprehensive catalog of job interview statistics to help in your next interview prep. These facts and figures are followed by important job interview trends that experts predict will change the recruitment landscape altogether.
Hottest Job Interview Statistics 2023
Let us start with some fascinating job interview statistics.
Only 20% Of the Applicants Get to the Interview Round.
Did you get the interview call? Take heart to the fact that you have probably beaten 6 candidates to secure this opportunity. On average, 118 candidates apply for one single job, of whom only 20% are interviewed. And, if you get an offer, you are among just 30.89 percent of interviewees to be selected.
Average Interview Duration.
Interview duration largely depends upon the type of interview that you are attending. If it's the first telephonic round, it could be a short one of just 15 minutes or so. However, subsequent in-person, video, or technical interviews can take anything between 45 minutes to one and a half-hour. The longer the interview, the better the chance of you and the recruiter getting to know each other better and the chances of hiring.
The First Impression.
They say the first impression is the last, and it’s been reported that people only have seven seconds, on average, to make a great first impression. Make a statement with a genuine, warm smile, a confident handshake, and a clear introduction. Don't forget that your attire helps create a good first impression, too. Dress professionally for your interview. One in four recruiters reportedly will pass on a candidate who isn’t dressed for the part.
How Long Does the Interviewer Take to Decide Whether You Are Moving Ahead or Not?
In the recruiters' opinion, the first 90 seconds are crucial to establish your trustworthiness. Within this short span, recruiters form an idea about you and more or less decide whether you are hireable or not.
The Importance of Researching the Employer.
Research the company and job well if you want to clinch the job. 47 percent of candidates are rejected just because they had a vague idea about the job role and what the company does.
Your Non-Verbal Cues Make or Break the Deal.
Watch your body language. Recruiters do not favor candidates with unprofessional body language; this includes your smile, posture, gait, etc. Eye contact is an important demonstration of confidence, and interviewees should aim to make eye contact with their interviewers between 60 and 70 percent of the time when they are speaking.
Technology in Interview.
The recruitment scenario is undergoing a sea change. Virtual recruitment is on the rise, with most interviews being conducted over a video call. Reports suggest that 60 perecent of recruiters resort to video technology to interview candidates.
Understanding Job Interview Trends
Now, let us take a look at the latest job interview trends that are transforming how companies conduct recruitment and what is the effect of such changes on you as a candidate.
With the raging pandemic, virtual recruitment has become the norm. While earlier, companies were gradually making the digital shift to reduce recruitment time-frame, now, using technology to conduct interviews is more out of compulsion. LinkedIn reports that 81% of recruiters feel virtual recruitment will continue even post-COVID.
The Gig Economy.
An increasing number of people are opting for contractual employment or freelance opportunities, with an estimated 57 million people in the United States working as freelancers. With remote working conditions on the rise, the figure must be much higher than forecasted.
Recruitment Through Referrals or Professional Networks.
Believe it or not, you're most likely to learn about a job opening through a referral as companies are increasingly recruiting through their employees' networks. In fact, statistics show that referrals increase the chance of a successful job match from 2.6 percent to 6.6 percent.
An Increasing Use of AI.
Companies have automated their hiring process with ATS. Predictive analytics to understand hiring needs, chatbots for interview scheduling, and AI for conducting interviews are some of the innovations that are now swamping the traditional recruitment process. These AI-based tools are capable of conducting structured, competency-based interviews, which eliminate the chances of human bias from the process.
The Preference for Cross-Functional Skills.
Candidates with cross-functional skills will be more in demand, owing to the simple fact that they are likely to have a more holistic view of the business. Candidates who wish to grow and companies that want to build a strong cross-functional team would do well to pursue training and mentor for such training, respectively.
With the focus shifting towards hiring people that can be retained for a longer duration, the recruitment process is getting lengthier. This is because hiring managers are taking time to gauge the candidates' inclination to learn future skills and commitment level towards the company. Interviews are more behavioral for the correct assessment of personality traits to ensure the best cultural fit and better retention.
Diversity In Hiring.
The focus on diversity and inclusion in the workplace is shifting gears from just hiring people across various backgrounds to creating a work culture of fair treatment where every individual gets the opportunity to thrive and is valued equally. Companies are implementing formal sponsorship and mentorship opportunities, flexible work programs, etc., to promote a diverse culture. Statistics also show that 77 percent of recruiters think that diversity will be considered crucial in recruitment in the coming days.
A Brief Look at Industry-Specific Trends
Considering job interview trends for specific industries, let us talk about the three most in-demand sectors: technology, marketing, and healthcare.
Technology Job Interview Trends
A technical job interview will stress more on evaluation of technical skills, probably even before the interview with the hiring manager.
However, since the COVID crisis has hit many companies, layoffs and furloughs are becoming common, making a broader pool of talents available for hiring managers.
Marketing Job Interview Trends
For a marketing professional, the time is ripe to showcase their skills in social media management, leaving aside the traditional marketing channels.
The hottest marketing skills right now are analytics and data report programs, search engine optimization (SEO), and storytelling.
Exploring the latest marketing trends and techniques and being knowledgeable about them will win you brownie points in the interview. But what sets a candidate apart from the rest? Prove your point by researching an existing problem of the company and outline a feasible solution to it to illustrate the value you will be bringing to the table.
Healthcare Job Interview Trends
BLS projected employment opportunities in the healthcare segment to grow by 16 percent from 2020 to 2030. But with the onslaught of the COVID crisis, the sector is gaping at a huge talent gap, especially for nursing professionals. Legislative changes are being brought on to expedite the hiring process.
Healthcare organizations are renewing their focus on employee welfare with increased stress on training and development. They are also attempting to reinforce the employer branding to attract, hire and retain quality manpower to sustain the pandemic.
Wrapping It Up
The evolving job environment is also leading up to a major talent crunch. In a LinkedIn research report, it was projected that by 2030, over 85 million jobs could go unfulfilled due to the global talent shortage.
This is the perfect environment for you to gain employable skills. Upskilling through industry-recognized elearning courses can be your first step towards becoming an in-demand candidate for recruiters in the era of talent shortage. Get started today with Simplilearn today!