Gone are the days when workers switch jobs every three years.
According to the latest studies, employees are more loyal than you might think. In fact, Gen Z employees plan to stay with their current employer for six years, and Millennials plan to stay for 10 years.1 That means they would rather stay with your company than switch to a new one, but the opportunity for mobility and career development play a large role in that decision. In fact, 82.39% of employees say a lack of progression would influence the decision to leave their jobs.2 That’s where internal mobility comes in.
This has long been a hot topic among our employers, and when a Member in the energy industry reached out to us about doing a survey, fellow DE Members stepped in to sound off about their internal recruiting practices and policies. As a result, some interesting points of information emerged. Let’s take a look at some of the data that was uncovered:
- 65% of employers surveyed said they post their open positions internally
- Time posted internally varies, but is typically 3-7 days on average, while many companies post both internally and externally simultaneously
- Director/C-suite/executive positions are not often posted internally
- 85% of employers said that either Talent Acquisition or recruiters manage internal postings, while only 10% said HR Business Partners or HR Generalists are responsible
- Nearly 80% of employers said they do not have differing processes for filling jobs internally as compared to externally.
- 16% said they do have different process for each
- This includes a different application process, or removal of the application process altogether
- Hiring managers often in charge of screening internal candidates instead of a recruiter
- Dedicated teams for internal mobility
- 71% of employers said their company has a “time in job” requirement before an employee can apply for a new position within the company
- 6-12 months is most common, with variations depending on the type of role (may range from 90 days for hourly positions compared to 2-3 years for corporate positions)
- 77% said that internal candidates are first screened by Talent Acquisition and then only some applicants are shared with the hiring manager, while 23% said that the hiring manager reviews all internal candidates
- In regards to internal candidates receiving feedback from their application:
- 53% said they receive an automated email response from their system
- 60% said they have a phone call or meeting with HR/Talent Acquisition
- 53% said they have phone call or meeting with the hiring manager
- In regards to the resources their company offers employees to assist them with finding new positions within the company:
- 89% have an internal career job posting site
- 77% offer the ability for employees to set “job alerts” in their ATS so they receive notification when new jobs become available that match their search criteria
- 47% offer the ability to create/update their employee profile in HRIS system so HR/Talent Acquisition can match employee profiles with open jobs
- 27% offer defined career paths
- Additional resources include internal resume and interview trainings, goal setting during performance reviews, formal mentorship programs, etc.
- 76% said their company generates formal offer letters for internal transfers/promotions
- 16% said they do have different process for each
Lots of things to think about when it comes to hiring from within! Thanks to all of our Members who took the time to complete this survey, as this data not only benefits the employer who initiated the survey, but the membership as a whole. Members can view the full survey results in the Member-Exclusive community of DE Connect.
Are you a DirectEmployers Member who is interested in conducting a survey? Reach out to your membership team to learn more!
Sources:
[1] “Misunderstood Generations: What Millennials and Gen Z Actually Think About Work.” https://zapier.com/blog/digital-natives-report/. Accessed 2021 April 28.
[2] “2020 Employee Engagement & Loyalty Statistics.” https://blog.accessperks.com/2020-employee-engagement-loyalty-statistics. Accessed 2021 April 28.
