Hired Releases “2021 List of Top Employers Winning Tech Talent”
AI-driven tech and sales career marketplace Hired ranked US and UK companies across equity, efficiency, and transparency in hiring processes
Hired, the leading AI-driven hiring marketplace matching tech and sales talent with top companies, has released a new report: “Hired’s 2021 List of Top Employers Winning Tech Talent.” This new annual report lists the top 10 small, medium, and large companies winning tech talent in the U.S. and UK respectively.
Hired’s former Brand Health Report was released in Q4 between 2017 and 2020 and focused on candidates’ perceptions about employers. This new report evaluates companies on value-driven metrics based on data from thousands of daily interactions between recruiters and candidates on Hired’s marketplace.
How Hired Evaluated the Top Employers Winning Tech Talent
Hired evaluated employers on its platform against three core pillars essential to a successful employer brand in today’s candidate-driven and competitive hiring market:
- Equity
- Efficiency
- Transparency.
For each pillar Hired collected and analyzed specific criteria and metrics based on its proprietary marketplace data between October 1, 2020 and October 31, 2021.
Hired found that the success the top companies realized in attracting and retaining talent correlated to how well they approached these three core pillars.
1. Equity: How does the employer prioritize diversity in the hiring process?
Hired analyzed data on how many underrepresented candidates companies interviewed and hired. The top performing companies are significantly above average metrics and prioritize diversity and equity (DEI) throughout their hiring process.
- The top companies made 23% of interview requests to underrepresented candidates on average. The overall average among all companies evaluated was 14%.
- The listed companies made an average of 35% of job offers to underrepresented candidates vs. the overall average of 12%.
2. Efficiency: Is the employer a responsive and productive communicator?
Hired analyzed data based on how efficient companies are in interviewing and navigating candidates throughout the hiring processes. It revealed the top companies receive more responses from candidates (due to tailored outreach, and have higher interview and final offer acceptance rates compared to overall averages. This helps them hire faster and reduce time to fill open roles.
- The average time to hire among the top companies is 36 days, compared to the overall average of 40 days.
- The listed companies are highly successful in their candidate outreach, seeing an astounding 84% response rate on average from talent.
- Job offer acceptance rates from candidates are also higher than the overall average for the top companies, with 79% of candidates accepting.
3. Transparency: Does the employer disclose salary bands early and equitably?
Hired analyzed data on how transparent companies are in indicating equitable salaries or salary bands during the hiring process. The top ranking companies demonstrated the least variation in the salary amounts shared with candidates for a given position.
- Among the top companies, salaries indicated during interviews only deviated from expected, average salaries for a given role by 11%, vs. the overall average of 16%.
- So, the highest-performing companies are more transparent. This means they share the same or similar salary with candidates they interview for the same position.
“After a turbulent year of high employee turnover and fierce competition for top talent, we want to recognize companies that have exceptionally navigated this demanding and quickly evolving hiring market,” said Josh Brenner, CEO of Hired.
“In this first-of-its-kind report, we spotlight employers who have attracted top tech talent by prioritizing three critical core values – equity, efficiency, and transparency.
We hope to inspire other employers and HR professionals to focus on these key areas as well to successfully engage and bring in the best candidates, while driving accountability in hiring processes.
Finally, this report also illuminates which employers are nailing the recruitment process from start to finish for tech talent.”
The top small, medium-sized, and large employers across the US and UK:
Tops in the US:
- Small business: Octane
- Medium-sized business: Sittercity
- Enterprise: Insider, Inc.
Tops in the UK:
- Small business: Thriva
- Medium-sized business: Smart Pension
- Enterprise: Tesco
Explore highlights from the report on the webpage here.
To download the full data report, visit “Hired’s 2021 List of Top Employers Winning Tech Talent.”
About Hired
Hired is the largest AI-driven marketplace matching tech and sales talent with the world’s most innovative companies. Backed by the world’s leading talent advisory and solutions company, The Adecco Group, Hired combines intelligent job matching with unbiased career counseling to help people find a job they love and reach their full potential.
By providing accurate, real-time information, access to equal opportunity, efficiency, and transparency, the Hired platform serves as the backbone for hiring managers, recruiters, and C-level executives to surface the best matching talent and build ambitious, diverse teams.
Hired is committed to building equity in the hiring process through a more representative talent pool, using diversity goals, customized assessments, and salary bias alerts to help remove unconscious bias when hiring. For more information, visit hired.com.
