The Greenhouse Hiring Manager Report, a new survey of over 1,500 hiring managers and c-suite executives, has revealed that 75% of respondents expect hiring to become even more challenging for the remainder of 2022. An overwhelming majority (84%) of hiring managers are experiencing burnout due to the tight job market. The survey also found that over three-quarters of hiring managers believe that candidates are more demanding in terms of the benefits they expect, leaving companies to play catch-up.

Key findings of the survey showed the main stressors for both hiring managers and their companies:

The primary contributors to increased stress levels in hiring managers are:

sourcing the right talent (41%)
candidate drop-offs due to competing compensation packages (26%)
an unstructured, ineffective hiring process (16%)
While the biggest challenges facing their companies when recruiting are:
creating an employer brand that stands out from competitors (55%)
recruiting talent for niche roles and markets and (42%)
being one-upped on offer packages in a climate with highly competitive salaries, benefits and sign-on bonuses (35%)

"When 88% of managers are experiencing pressure in achieving their goals because of hiring, you can be sure this represents business risk. People-first companies have understood that hiring is a business-critical function – and it needs to be structured, measured and continuously improved on. Winning companies are focused on building a culture of hiring throughout their organizations in order to manage the challenges with hiring right now," said Daniel Chait.