HireVue recently launched their State of Global Early Career Hiring report for 2024, underscoring the growing role of skills-based hiring for early careers talent, as recruiters focus less and less on academic performance for decision-making. AI adoption is also growing, with early careers candidates and organisations finding productivity gains through the recruitment process.

The report delves into key trends and data including;

– Potential in the early careers job market, where despite challenges, early careers are holding significant potential for candidates and recruiters. Innovation is becoming essential in connecting with early talent with suitable opportunities.

– Graduate vacancies remain stable; however, recruitment budgets are tight and application numbers are only increasing

– Productivity and efficiency are crucial for talent acquisition (TA) leaders to improve processes, while maintaining a personalised, human-centric experience.

– Automating low-value tasks can free up recruiters to focus on high-impact activities, helping to reduce recruitment cycles and keeping candidates engaged in a competitive market.

– Skills-based hiring is a major trend for 2024, focusing on hiring models based on skills rather than traditional qualifications. This change in approach is helping candidates quality for a broader range of roles, easing talent shortages and improving performance and tenure length.

To find out more and to delve deeper into these findings, check out the full report from HireVue here.