Compared to 2021, when a recruitment process for a middle management role in large companies active in Romania was closed in an average period of three months, in 2022, the same process increased by an average of 33 days, reaching four months. During this time, candidates withdraw from the recruitment processes or search for other roles in the market, the analysis highlights.
The study also shows that in the banking and finance sectors, only two out of 11 candidates were recruited within a period of time between 94 and 120 days, six candidates withdrew from the recruitment process, and the rest continued until they received the second or third offer.
In 2022, only 56% of candidates accepted and followed through on their first job offer. In the case of the others, who refused the first offer, the whole process started again. With regard to the projects that were resumed, the success rate in recruitment was high, the percentage reaching 82%, Arthur Hunt Romania specialists note.
In 2022, as in the previous years, companies faced several waves of uncertainty and had to successively adjust their business strategies – and this was also reflected in the general dynamics of the labor market. The specialized human resource remains indispensable for resilience in difficult social-economic conditions and for the development of a company, company representatives highlight.
The study was carried out in 2022 and included the data resulting from all recruitment processes for middle management roles carried out by Arthur Hunt in Romania.