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Recent data shows that the UK is still struggling with skills shortages and firms that have a slow hiring process are adding to the recruitment challenges.

The Sterling survey of more than 1,200 HR professionals and 3,700 recent job seekers revealed that half of the UK’s employers can’t find enough qualified candidates for the roles they have.

Interestingly, as many as 29% of these employers said that they’re being beaten in the race for top talent by their direct competitors and part of that reason might be due to slow hiring processes.

For example, 71% of the jobseekers surveyed said that they had dropped out (or considered dropping out) of their most recent recruitment experience, with the top reasons being due to the process being too long, too complicated and that there were too many touchpoints.

Steve Smith, President International at Sterling, commented on the findings, “While 2022 was a year of record-breaking vacancy numbers across the UK, the war for talent is still raging on.

“The UK still has a low level of unemployment despite the increase noted at the end of last year and skills shortages are being reported across a range of sectors and disciplines.

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“In this environment, employers continue to report difficulties with recruiting the right people. But our data suggests that this issue is being exacerbated by lengthy and complex hiring processes.

“A well-thought-out candidate experience is crucial at all times, though the impact is certainly more noticeable when competition for talent is rife. A robust hiring process shouldn’t create barriers for applicants.

“It’s crucial that employers optimise the process to streamline everything from communication requirements and screening through to on-boarding. Technology does have a role to play in achieving this. The right tech helps to automate elements of the process and speed everything up.

“However, for those firms turning to tech to improve efficiencies, the candidate must be front of mind. How they interact with the technology has a direct impact on their view of your employer brand. If the software being used isn’t built with the applicant in mind, candidate dropout rates will likely remain high.”

To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.

Why Thousands of Contractors Choose Dolan Accountancy

With over 25 years experience in contractor accountancy helping thousands of contractors, freelancers and the self employed, Dolan Accountancy has the specialist skills, reputation and credibility you can trust.

Working closely with our sister company, Contractor Umbrella, it means we can offer one low cost, fixed fee package at £105 + VAT. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost.

If you’d like to find out more about how Dolan Accountancy can help you and your business, please give us a call on 01442 795 100 or email sophie.lewis@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

We don’t believe in tiered packages or hidden extra fees, instead we aim to give you everything you need, including:

  • Free Company Formation – This is where it all begins. Once you have decided on an available name, we will form your company free of charge (if using our accountancy services) and it will be ready for you to use in as little as three hours
  • Free use of Contractor Umbrella – With IR35 Legislation changes we understand that sometimes you are required to contract via an umbrella company. We will keep your limited company ticking over, while you work margin free via our sister company, Contractor Umbrella
  • A Dedicated Accountant – Your accountant will be there for any company or personal tax advice that you require. We will never outsource work, even to internal teams
  • Free Access to FreeAgent – We offer all of our clients access to FreeAgent, free of charge
  • Free Business Banking – We have decided to waive our commission so our clients can use Tide free of charge for the first year
  • Unlimited IR35 Status Reviews – We will review all of your contracts for IR35 purposes and provide you with our professional opinion as to its status
  • Free Registered and Director’s Service Office Address – Sometimes you just don’t want your home address on display at Companies House. When you sign up to our accountancy services, we will offer the use of our address as an alternative
  • Your Business and Personal Taxation Needs – This includes Company Accounts, Director’s Personal Tax Return, VAT Returns, Payroll, Corporation Tax and Dividend advice, to name just a few
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