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Recruitment Trends

Annual Overview

How many words Where are applications


should my advert have? coming from?

What are the best Which industries are


times to post jobs? in highest demand?

January 2019

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2 WaveTrackR Annual Report - January 2019
Recruitment Trends
Annual Overview

January 2019

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Contents
05 Executive Summary

06 Introduction

07 Employment Overview

09 Job Posting and Applications

11 Distribution by Industry

13 Distribution by Region

14 Distribution by Platform

16 Advert Length

19 Distribution Over Time

23 Summary

24 Further Reading

25 About WaveTrackR

26 About Wave

4 WaveTrackR Annual Report - January 2019


Executive Summary
2018 has generally seen a stable trend in When it comes to jobseeker behaviour,
recruitment. Whilst job posting has small candidates are more active on weekdays
variations, with the exception of a drop in between 10am and 6pm, this doesn’t
December, applications fluctuate more, change much depending on which part of
with peaks in January, May and September. the country or which job boards they are
The skills gap is more noticeable in some applying from.
industries, ‘IT & Internet’ and ‘Engineering,
Utilities’ have the most offering, but Finally, with job copy being ever more
application numbers don’t match up to important, adverts with around 142 - 214
the demand. words receive the highest application rates.

Region wise, the South East and the


North West have the most jobs posted,
with applications on the latter vastly
exceeding jobs.

With job boards still being recruiters


first choice of platform, on average,
recruitment websites and social media
also take a piece of the application share,
so are worth considering.

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Introduction
2018 was a good year in the UK for
jobseekers. According to official statistics,
the employment rate reached 75.7%,
which is the highest figure recorded to
date. It was also a year which saw the
lowest unemployment rate of 4% and the
highest average salary increase since 2008.
This was good news for those who were
looking for new job opportunities.

Although 2018 was a positive year for


candidates, recruiters faced a different
story, encountering many challenges with
finding the right talent for their roles. A
decrease in the number of received CVs,
the skills shortage, Brexit and decreasing
migration of people from the EU were
just some of the issues that affected the
recruitment industry.

With the start of a new year in 2019,


we look back at data from the whole
year to review and gain insight into the
employment situation in the UK. We also
look at stats from Wave’s job distribution
tool, WaveTrackR, to check the latest
tendency for job posting and applications
as well as investigating other aspects
which might be helpful for recruiters in
making their job advertising more efficient.

6 WaveTrackR Annual Report - January 2019


Employment Overview
Currently, there are around 32 million The UK employment market still faces
working people in the UK, an increase huge uncertainty related to Brexit, which
of 1.2% compared with 2018. Amongst all leads to a lack of clarification about the
full-time positions, 62% are occupied by business economy, for all EU employees
men, whereas women fill 73% of part-time already working in the UK and and those
jobs. There are still more unemployed who wish to enter the country after
men (54%) looking for a new position March 2019. This situation doesn’t make
than women, and a higher percentage it easy for business owners who rely on
of women is classified in the economic EU labour. Data from ONS shows that
inactivity (Source: ONS, UK labour market: between July and September 2018 there
December 2018 report). were 5% less EU people working in the UK
than the year before and this trend has a
Last year, the UK had fewer people who decreasing tendency.
are not employed and are not actively
looking for work. The inactivity rate of 21% However, the recruitment industry isn’t
for people aged between 16 and 64 years slowing down and with businesses looking
old, was the lowest since 1971 (source: for more new employees, there is more
Labour Force Survey, Office for National work for recruiters. Just in 2018 alone,
Statistics). Examples of those not working nearly 4,000 new recruitment companies
and not looking for work are typically were registered, and overall there are
students, people who are looking after a currently around 40,000 recruitment
family, or those who are off on long-term agencies in the UK.
sickness or retired.

For those who are employed, the


situation improved last year. The low
unemployment rate pushed the wages up
and the UK pay growth rose to 3.1%, which
was the highest over the last ten years.
The increase in the average earning was
good news for workers since the darker
days of the economic crisis in 2008.

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Jobseekers and Recruiters
return from holidays

Graduates looking for jobs More Graduates


and School Leavers

Temporary
New Year Construction sector Christmas
New Job picks up jobs

End
of Year

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Jobs Posted Applications

GRAPH 1 | Job posting and applications trend throughout the year. Source: WaveTrackR

8 WaveTrackR Annual Report - January 2019


Job Posting & Applications
Graph 1 represents recruiters’ activity for The first quarter of the year recorded
job posting over the last 12 months and the most significant drop in the number
the response from candidates on those of applications. The situation stabilised
job adverts. as we progressed through the year until
September, where there were again more
Job posting experienced a stable trend in candidates applying for jobs. Interestingly,
2018, with the exception of a slight drop the spikes in January, May and September
in December. This coincides with a drop are a common tendency amongst
of applications at the end of the year, candidates, as a similar behaviour was
especially in the second part of December. also observed in the year before.

What could affect this behaviour amongst jobseekers?

One of the reasons might be the seasonal influx of graduates in the market. This is
trends within recruitment. followed by a drop in application numbers,
with jobseekers and decision makers in
The beginning of the year seems to be companies going on holiday, slowing down
the most active time for recruitment. An the recruitment process.
urge for change, on both individuals and
companies, pushes people to consider September sees the third peak of the year,
new opportunities, resulting in a job- with candidates and employers coming
hunting peak. The chain reaction caused by back from holiday and more graduates and
individuals moving jobs is new people will be school leavers start looking for new career
needed to refill those positions, raising the opportunities. With a stable trend, as Winter
number of job adverts posted. and Christmas approach, candidate interest
drops with most offers on the market being
In the spring, the numbers start to pick temporary Christmas positions.
up again, with construction work being
in more demand around the UK and the

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IT & Internet Engineering, Utilities Manufacturing

20.14% 6.64% 9.81%


22.79% 10.86% 10.31%

Sales Transport, Logistics Secretarial, PAs, Administration


7.44% 7.93% 13.53%
8.44% 7.35% 5.20%

Construction Customer Services Health, Nursing

2.87% 5.87% 1.10%


3.62% 3.29% 3.24%

Marketing, Advertising, PR Finance Recruitment Sales

4.01% 2.90% 1.46%


3.05% 2.72% 2.21%

Social Services Catering & Hospitality Retail, Wholesale

1.08% 1.33% 1.81%


2.14% 2.04% 1.36%

Travel, Leisure, Tourism Insurance Property

1.92% 0.92% 0.97%


1.16% 1.14% 1.14%

Agriculture, Fishing, Forestry Education Accountancy

0.65% 1.02% 0.89%


1.10% 0.93% 0.91%

Public Sector & Services Human Resources Electronics

1.71% 0.83% 0.31%


0.83% 0.71% 0.70%

Not For Profit, Charities Media, New Media, Creative Legal

0.87% 0.91% 0.28%


0.67% 0.58% 0.50%

Management Consultancy Science Telecommunications

0.15% 0.18% 0.09%


0.29% 0.18% 0.15%

Banking Graduate, Trainees Senior Appointments

0.06% 0.15% 0.15%


0.14% 0.06% 0.06%

Oil, Gas, Alternative Energy

0.00%
0.00%

Jobs Posted Applications

GRAPH 2 | Jobs posted and applications distribution per industry. Source: WaveTrackR

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Distribution by Industry
WaveTrackR’s data indicates that across Similarly, the other industry where
all industries, the highest job demand is employers might struggle to find the right
within the IT sector. This in demand sector skills is the Engineering/Utilities sector. As
sees the broadest spectrum of skills, displayed on the graph, there is quite a big
roles and career progression. Some of gap between the percentage of advertised
the many different areas include machine jobs and the rate of received applications.
learning, cybersecurity, mobile and web,
app development, database architect and At the other end of the scale, Admin or
digital marketing related vacancies. It is a Customer Service jobs appear to be easier
sector with plenty of career choices and to recruit for, with recruiters receiving a
for people with varying technical skill levels higher number of applications.
and experiences. As seen on Graph 2,
the difference between IT jobs posted
and applications, means recruiters are
struggling to find candidates for their jobs.

High demand of IT professionals

The machine learning area is becoming a Despite being in high demand, the IT industry
bigger focus for businesses who are turning is one of the sectors that is currently facing
to technology to help them improve their problems placing candidates, with a growing
processes using artificial intelligence. This skills shortage. This means recruiters are
will be an essential aspect for any business in not receiving enough applicants with the
the near future. Today, more recruiters are right experience or qualifications to fill the
using AI in their candidate searching process, vacancies. In such a competitive environment
regardless of the size of the company. for candidates, recruiters need to use better
and smarter strategies, to make their adverts
Cybersecurity jobs are also in high demand. stand out and put in more effort and/or
Fast growing IT development demands a need money in order to attract jobseekers before
for a higher level of digital security. We are they are captured by competitors’ jobs.
living in a world where it’s not only important
to expand technology but more importantly,
to protect users, businesses and their data.

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The South East and
North West receive
the most applications

12 WaveTrackR Annual Report - January 2019


Distribution by Region
We analysed a sample of nearly 13,000 The high figures of employment and the
jobs posted and over 121,000 applications decrease of people in economic inactivity
received last year via WaveTrackR. in the area, compared with the previous
Amongst all those jobs 33% were published year, might be attracting more people to
in the South East, followed by the North work in the North West. London continues
West and South West with 17% each. to be one the most attractive regions for
jobseekers, with business diversity and the
When we examine the most popular highest earning increase in the country.
regions amongst jobseekers, the South
East and North West have very similar
popularity with 25% each. The North West
and London are areas where the demand
for finding a job amongst jobseekers is
higher than the number of new vacancies
offered by employers.
33.49%

25.88%

25.25%
17.06%

16.88%

13.58%

13.57%
9.79%

7.40%

6.66%

6.27%

5.40%

4.86%

4.06%

2.02%

1.75%
1.60%

1.12%

1.08%

1.02%
0.82%

0.44%

0.01%

0.01%

South North South London West East Yorkshire Wales East Scotland North Northern
East West West Midlands Midlands Anglia East Ireland

Jobs Posted Applications

GRAPH 3 | Regional distribution of jobs posted and applications. Source: WaveTrackR

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Distribution by Platform
Job boards are still the number one and CV-Library), job boards are the
platform of choice for recruiters to post number one source of candidates, almost
jobs. With 8.5 million visitors on average guaranteed to get a successful hire for
per site and a combined database of every job posted.
27 million candidates (Reed, Stepstone

Recruitment Websites

5%
Social Media

1%

Where Job Ads


Are Posted
Job Boards

94%

GRAPH 4 | Percentage of jobs posted by platform. Source: WaveTrackR

The analysis of job posting behaviour 5% on recruitment websites and 1% on


from the recruitment companies included social media platforms (such as Facebook,
in our sample shows that 94% of these Twitter or LinkedIn).
jobs were posted on job boards, with only

14 WaveTrackR Annual Report - January 2019


1 Social Media

Recruitment
Websites 5

Average
Application
per Job

10 Job Boards

GRAPH 5 | Average application per job posted per platform. Source: WaveTrackR

Beyond the job board


With job boards still being front of mind for completely free of charge, but you can
recruiters, it’s important to expand your job always boost these further with social media
posting strategy beyond them. Surprisingly, advertising.
it appears that recruiters still give lower
importance to their websites as a means Multiposter tools can remove the hassle
to promote jobs. Recruitment websites from having to post to multiple platforms
are, after the initial cost of building, an at the same time. You can post to your job
inexpensive platform to post jobs. The same boards, your website and your social media
can be said for social media; promoting platforms all from one single place, making
vacancies on social media channels is it incredibly easy and convenient.

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Advert Length
What are the recommendations on how We investigated jobs posted during 2018
long a job advert should be? What should to answer these questions and examine
be included in the copy to make it more the relationship between the length of
interesting for candidates to read and a job advert and the application rate for
click apply? those jobs.

30%

20%

13%

9%
6%
5%
3% 4%
2% 2% 2%
0% 1% 1% 1% 0% 0% 0%

0- 259 - 500 - 750 - 1000 - 1500 - 2000 - 2500 - 3000 - 3500 - 4000 - 4500- 5000 - 5500 - 6000 - 6500 - 7000 - 7500 -
249 499 749 999 1499 1999 2499 2999 3499 3999 4499 4999 5499 5999 6499 6999 7499 7999

Length of Job Description (Char)

GRAPH 6 | Application percentage per job advert lenght in characters. Source: WaveTrackR

According to our data, adverts with 1000 enough details to convince candidates to
-1499 characters (around 142 - 214 words) apply. On the other end of the scale, copy-
received the best performance in the heavy adverts risk losing the candidates
number of received applications. The interest even before they finish reading
application rate was lower for adverts that the entire advert, lowering the chances of
had more or fewer characters, indicating applying.
that too short job adverts might not give

16 WaveTrackR Annual Report - January 2019


Improving the content of your advert
Tools like Grammarly, Textio and Yoast online should be optimised for a search
SEO are a great way to improve your engine so it can be easily found when
job advert copy. The length of your someone types a job search related
sentences, the formatting and the tone query into their browser. As an example,
of your advert can be the difference Yoast SEO’s tips include the length of the
between a successful and a failed ad. paragraphs, keywords optimisation or
suggestions for meta descriptions.
When it comes to adverts on your
website, SEO is of exceptional
importance. Any job that is advertised

Be Google for Jobs ready

It is also important to make sure your The copy of the advert takes special
advert is optimised for Google For importance for Google, the higher your
Jobs (GFJ). Most job boards are already job ranks the more chances are that
optimised for GFJ, but when it comes to you’ll receive applications coming from
your website there are some steps that Google For Jobs.
need to be taken to make sure jobs on
the website can be found by Google.

FURTHER READING
How to get your website Google For Jobs ready and make sure your jobs
can be found: bit.ly/gfj-wave

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Candidates are
most active between
10am and 6pm

18 WaveTrackR Annual Report - January 2019


Distribution Over Time
In the next part of the report, we focused when candidates are more active and does
on jobseekers’ behaviour by looking at the this relate to the time when job adverts are
time when candidates typically apply for posted?
jobs. Is there a particular day of the week

14.6
15

13.6
12 11.5
10.3
9.6

9.3
8.9

9
8.8
8.3

7.9
7.7

7.6
7.2
7.1
6.4

6.4
6.0

6
5.7

5.7
4.8

4.0

4.0
3.9
3.7

3
2.7

2.3
2.1
1.6

1.5
1.3
1.3
0.7

0.6
0.6
0.5

0.5
0.4

0.3

0.3

0.1
0.1
0.1

0.1

0.1
0.0

0.0

0.0

0.0

0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23

Jobs Posted Applicattions

GRAPH 7 | Distribution of jobs posted and applications by time of day. Source: WaveTrackR

Our data showed that candidates seem during the afternoon. Recruiters can use
to be more active between the hours this information to deliver fresh jobs to
of 10am to 6pm, with the greatest candidates at the time they are most
number of applications being around active.
5pm. Jobs, however, are posted mostly

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25%

19% 19% 19%


18% 18% 18% 18%
17%
16%

7%

3%
1% 1%

Monday Tuesday Wednesday Thursday Friday Saturday Sunday

Jobs Posted Applications

GRAPH 8 | Distribution of jobs posted and applications by day of the week. Source: WaveTrackR

%
30

25

20

15

10

0
East Anglia East Midlands London North West South East South West West Midlands Yorkshire

Monday Tuesday Wednesday Thursday Friday Saturday Sunday

GRAPH 9 | Daily distribution of jobs posted by UK Region. Source: WaveTrackR

20 WaveTrackR Annual Report - January 2019


Candidates are more active during the Looking at the regional behaviour there
week from Monday to Friday with a similar seem to be different numbers depending
intensity but more so on Thursdays. There on what side of the country applicants
are still candidates who prefer to apply for come from, but the overall trend persists
jobs at the weekend, but this is more likely with a decrease of applications on
to happen on a Saturday than a Sunday. weekends.

With job postings, however, the trend


looks slightly different as recruiters tend to
post the most jobs on Fridays.

21%
20% 20%
19% 19% 19% 19%
18% 18% 18% 18% 18% 18%
16% 16% 16% 16%
14% 14%
13% 13%

9%
8%
6% 6%

3%
2% 2%

Reed CV-Library Monster Jobsite + Totaljobs

Monday Tuesday Wednesday Thursday Friday Saturday Sunday

GRAPH 10 | Daily distribution of jobs posted by job board. Source: WaveTrackR

Amongst the main job boards, the while Monster breaks the pattern for
pattern of received applications varies. applications over the weekend, registering
Thursday is the most popular day for CV- the most applications for these days.
Library, Monster, TotalJobs and Jobsite,

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22 WaveTrackR Annual Report - January 2019
Summary
The employment situation in the UK is With the skills shortage acknowledged
improving, with the low unemployment in this report, this is a big challenge
rate and an average increase in pay for for the recruitment industry. In such a
people in employment. competitive environment, data-driven
decisions are becoming a crucial factor
In this report, we could see that there is a for success. Knowing when, where, how to
relatively stable trend for job posting over write and post jobs based on factors like
the last 12 months, but the number of industry sector, region or salary can be an
received applications is inconsistent. The essential part of recruiters job advertising
most significant drop in the number of CVs strategies. Following the latest trends,
received was noted in the first quarter of news and recommendations from other
2018, with these numbers stabilising later experts with insight into recruitment data
in the year. and statistics should be something that
all recruiters do. Today’s strategy is more
For a recruiter, being aware, and about tailoring and targeting your job offer
understanding the different seasonal to jobseekers rather than using a ‘spray
patterns, can help them plan their and pray’ approach.
recruitment strategies and be more
effective with their budget. It is also
important to understand that, although
each candidate is different, with a unique
set of skills and experience, there are
observable patterns for where and when
they are looking for jobs and applying.

Over the last few years, the recruitment


industry has shifted from a job-driven to a
candidate-driven focus. Candidates, with
more opportunities on offer, are harder
to please and recruiters need to put more
effort into finding not just a candidate, but
a potential employee with the right skills
for the job.

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Further Reading
WaveTrackR Quarterly Report
bit.ly/wtr-qrt3

UK Labour Market from ONS


bit.ly/uk-labour

UK Pay Growth
bit.ly/pay-growth

UK and Non-UK People in the Labour Market


bit.ly/uk-non-uk

UK Employment Rate from Trending Economics


bit.ly/employment-rate

Google For Jobs


bit.ly/gfj-wave

24 WaveTrackR Annual Report - January 2019


About WaveTrackR
WaveTrackR is a job board management and distribution tool that allows you to get the
most from your media choices. From making more placements to reducing advertising
costs, WaveTrackR makes advertising on job boards, faster and easier.

By collecting application and hire data, WaveTrackR provides detailed analytics of which
job board will give you the best ROI, and even offers recommendations on where to post
to get more hires.

WaveTrackR houses everything you need to know about a particular contract, such as
costs, inventory levels, burn and expiry dates, allowing you to make more informed
recruitment decisions and stay in complete control of your media.

About our Data

We collect anonymous data, via WaveTrackR, from thousands of job posts and
applications. This data is, in return, fed back to WaveTrackR users in the form of
recommendations on where to be most effective with their job posting.

All data includend in this report was collected between January and December of 2018.
Wave’s data analytics team actively looks into this data to identify job posting patterns,
as well as jobseeker behaviour.

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26 WaveTrackR Annual Report - January 2019
Attract More Talent
Wave attracts talent to your business using data and creativity to maximise your
candidate attraction. Our suite of services gives businesses the power to connect the
right people to the right opportunities faster than ever before, meaning that you’ll never
miss out on the talent you need again.

Our core offering comprises recruitment website builds, media buying on all job boards
and job distribution and analytics.

We are the only agency to offer this ‘Build, Buy, Post’ approach to candidate attraction.
Our services are simple, affordable, easy to use and most importantly extremely high
performing, to get you the talent you need.

Find more about Wave at wave-rs.co.uk

© Copyright Wave. 2019. All rights reserved.

Data Analysis and Writing: Kamila Fitchett


Editing: Jenny Falzon and Luis Cajao
Design: Courtney Dyer and Luis Cajao

For information please contact us at:


E-mail: hello@wavetrackr.com
Phone: 01189 868 900

To find the latest content and register to receive these reports, please visit wavetrackr.com

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and boost your recruitment power online

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