3.1 candidates for every job advertised in August, survey finds

The number of candidates for every new job advertised has reached 3.1 in August, compared to an average of 2.3 candidates over the course of the year, a recent market survey was able to reveal.

The research analysed a diverse range of sectors – from accountancy, social work, and construction to nursing, banking and HR – to find when most people wanted to move jobs and when new vacancies became available.

The survey carried out by Randstad Technologies analysed the times of the year that 5,950 IT, digital and telecoms professionals started looking for new roles, and when almost 2,810 suitable job vacancies became available, a news source revealed.

Research also found that, from an employer’s point of view, the best season to recruit is summer (June, July, and August) where there are 2.4 new job seekers, on average, for every new vacancy. Winter (December, January, and February) is by far the worst time of year with just 1.3 new job seekers for every new role.

Mike Beresford, MD of Randstad Technologies said, “If you want the best odds on scooping up high-flyers, August is the month to hire. These figures show the competition for the best talent is less intense. With the ratio of candidates to potential vacancies so advantageous to the hiring organisation, the summer is an ideal time to recruit. You might not be able to count on the sun during a typical British August but if you are in the IT and technology industries, you can count on having to fight that little bit less hard for every candidate you want to hire.”

Every company planning to take on more members of staff should also consider the implementation of a very solid and reliable workforce management solution, designed to help them better cope with the arrival of new employees.

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