According to the most recent Workforce Recruiting newsletter (sorry no link available), 1,100 employers were asked what the main reason was for them not being able to hire their top candidates over the past two years. Their responses were as follows:
- 35.9% – Said they went elsewhere for higher perceived pay.
- 15.5% – Said they went elsewhere for better perceived career development opportunities.
- 8.0% – Said they went elsewhere for better perceived work/life advantages.
- 7.1% – Said they went elsewhere for higher perceived long-term incentive/equity compensation.
- 1.5% – Said they went elsewhere for better perceived benefits.
- 31.9% – Said they were able to hire the majority of their top candidates.
It would be interesting to know of the 31.9% that hired their top candidates knew exactly what was the deciding factor of the candidate who accepted the offer.