This week we looked at application rates through TalentPool over the past 8 days, to understand the impact of the bank holiday on job hunting. Here are the results:
As you can see, there was a significant dip in applications over the bank holiday weekend, with application numbers around 1/4 to 1/3 of what they normally are. Interestingly, this dip starts on Friday and applications more than half between Thursday and Friday.
Saturday saw the highest volume of applications over the weekend itself, with almost double the amount of applications on the Saturday as on the Monday.
When applications pick up again on Tuesday they are higher than they were on the days running up to the weekend, peaking on Wednesday.
This data unsurprisingly highlights that many people put their job search on pause for the bank holiday weekend, but resume their applications as soon as it is over. The dip on Friday may be explained by people having days off to extend the long weekend, and others winding down for the break and pausing their job applications a day early.
However, application rates do not fall to zero, so some job hunters do continue to search over the bank holiday weekend. Job hunters tail off during the whole week on the run up to the bank holiday as applications were at higher levels after the bank holiday than before. So, if you’re looking to launch a role around a public holiday it’s worth bearing this in mind and even holding off doing so until the holiday is over.
What’s got us talking this week
“When managers and executives speak to me about their best graduate hires, they point to a candidate’s initiative, proactive attitude at work and their ability to take on board any constructive criticism in a positive way. These may not necessarily be on the job description, but they are highly regarded by employers.”
📚 Workplace Perks: Wasteful Indulgence or Powerful Profit Driver | Strategy Business
“Companies in the tech sector such as Google, Yahoo, Netflix, and Microsoft have historically led the way in showering employees with perks, ranging from free meals and generous vacation packages to on-site gyms and movie theatres. And now other industries are following suit.”
🎧 How to do good and do good business | Masters of Scale Podcast
Starbucks Chair Howard Schultz is interviewed about social impact and how it is affected by scaling your business. He argues that you’ll need to be as innovative about doing good as you are about your business itself. He speaks about how doing social good feeds back into the success and sustainability of a company.
On Thursday, TalentPool officially launched our Rec2Rec capability. This means that recruitment companies looking to grow their own teams are now able to advertise their role on our platform. We already have 500+ candidates seeking jobs at agencies signed up to TalentPool. So, to launch your recruitment role and start connecting with these candidates, simply sign up or send us an email us to get started.
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