Millennials bypassing big job opportunities because of long application processes
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Having interviewed over 400 of this summer’s new graduates about their experience of applying for jobs at big UK businesses, KPMG and independent market research company High Fliers Research found that a great proportion of millennials were found to be disheartened with the process. It seems that 34% of graduates are frustrated with lengthy recruitment processes, and 43% cited poor communication from their potential employer as a reason for their disengagement with big brands. Over half of the participants complained they never received any feedback when applying for a role. As a result of these findings, graduates are more likely to opt out of conventional job schemes and instead flock towards positions within smaller organisations, which have a tendency to present less protracted recruitment processes. Moreover, the general consensus is that these companies are more aligned with their passions and professional interests. Simon Collins, Chairman of KPMG in the UK, said: “Millennials don’t want to navigate a cumbersome and convoluted recruitment process when applying for a job and this is something we as business leaders need to understand and address." Perhaps it might be in the interest of these companies to do away with multi-stage interviews and communicate a bit more with unsuccessful applicants, offering constructive feedback. If they don’t, then a lot more stands to be lost.