What do candidates prioritise when looking for a new role?
As the demand for tech candidates continues to rise, focusing on what candidates are looking for during their job search is becoming key. In this blog, we’ll share highlights from our What Tech Candidates Want report. Our findings from the report came from the thorough canvassing of our? database to understand candidates’ current job plans and their motivations.
Age and candidate motivations
When thinking about candidates under 25 and candidates over 55, it isn’t immediately obvious what they could possibly have in common when searching for jobs. However, both of these candidate cohorts are struggling to break into the current job market. Although both groups have their advantages in the market, with under 25s being more likely to be familiar with modern technology having grown up with it and over 55s having a wealth of working experience, the 2023 job market doesn’t seem to favour them.
As the cost-of-living crisis continues to affect candidates, research has shown that British workers are more likely to work into their 70s due to financial pressures. Despite a willingness to work, it takes those over the age of 50 twice as long to find new work, with most candidates in long-term unemployment being aged 54-65. Similarly, younger candidates have faced wage slumps due to inflation and a lack of opportunities in the regular job hotspots, such as London. New candidates, such as graduates, don’t appear to have the same levels of experience in the workplace as someone in the same position pre-covid, and this is reflected in the 40.5% drop in graduate vacancies this year.
Younger and older workers also have another trait in common – they’re both highly motivated by salary when applying for new roles. When it comes to applying for a job, 28.6% of under 25s class salary as a key motivator. Likewise, 37.8% of candidates over 55 highlighted salary as the most important thing to them when searching for a new role. Additionally, both age groups did not consider responsibility levels an important factor. This indicates that under 25s and over 55s are more likely to take a job purely based on salary – potentially due to the lack of opportunities in the current market.
Different gender motivators
Men and women differ when it comes to what they consider important on a job specification. 37.1% of female candidates deem flexible working the most crucial factor when applying for a job, with this coming in second for men at 22.9%. Women are actually more likely to work full-time now that hybrid and remote working are standard practice. The age of flexible working has also led to an increase in women in the UK workforce, with a rise to 58.7% - up from 56.5% in 2019. In recent surveys, 40% of women stated that their care responsibilities impacted their tech career choices, with a lack of work-life balance affecting their life significantly.
In contrast to women prioritising flexible working, 44.8% of men consider salary as the most important part of a job specification. Recent data revealed that men are more focused on salary as they believe that this is the mark of a good job, with women typically expecting a lower salary than men, highlighting why women do not primarily focus on salary.
When it comes to the least important priorities for candidates, both genders are closely aligned. Lorien found that learning opportunities and company culture land at the bottom of the priority list for men and women. With regards to a work/life balance, men and women are surprisingly similar too. 14.3% of women consider work/life balance their top priority, and 11.4% of men agree. Work/life balance also comes in as the third most prioritised factor for both genders, with research underlining that men and women currently face similar challenges when it comes to maintaining a work/life balance.
For the latest research and statistics, read our What Tech Candidates Want report. The report will allow you to learn about what candidates desire when searching for a new role – including salary visibility, new hybrid working stats and what candidates dislike about the recruitment process.
For other Lorien insights and thought leadership pieces, click here.
Our Insights | News, Events, and Case Studies
Our tech expertise and partner-led approach allows us to deliver highly successful results for our clients so they can attract and retain unique talent for their business. Explore our latest collection of case studies, news, events, and insights.
Lorien wins SIA award for Best Staffing Firm to work for
Lorien, which is part of the Impellam Group, was awarded the accolade for staffing firms with 51-200 employees. The SIA Best Staffing Firm awards recognize those recruitment businesses that put their people first and foster a strong development culture.
Hiring Solutions for the Travel and Hospitality from a Lorien Solutions Manager
Lorien staffing and recruiting leaders are building world-class IT talent communities for our clients — by attracting GDS, Program and Product Management, Data, Software Engineering, User Experience (UX), and Quality Assurance (QA) specialists for competitive, niche and developing markets.
Every permanent placement can make a lasting difference
At Lorien, powered by Impellam Group, we believe in the power of work. It should have a purpose and make a difference. Through the power of work, we build better businesses and help people lead more fulfilling lives. This is more true than ever as we invite you to make a lasting impact with this opportunity.
How lockdown will accelerate adoption of 5G and edge computing
The Covid-19 pandemic has shown how the telecommunications industry can withstand monumental change. This is a significant milestone for telecommunications, firstly in gaining consumer trust and secondly to gear up for the rollout of 5G and edge computing - the need for which will be more apparent today than ever before.
Lorien unveils inaugural North America tech salary and trends report
Global technology, digital and professional talent solutions specialist Lorien, powered by Impellam Group, has unveiled its inaugural 2023 Technology and Digital Salary Survey report, marking a significant milestone in its commitment to delivering value insights to the tech industry.
Pioneering Military AI Career Pathways in the Age of Intelligence
In our ever-evolving world, innovation is more than just a buzzword—it's a force that reshapes industries, transforms businesses, and fuels the way forward. Recently, we embarked on an exciting journey into AI careers and military veteran hiring in our Lorien Live webinar, “Championing AI Careers: Pioneering Military Pathways in the Age of Intelligence.”