- Solutions
- Products
- Community
- Resources
- Company
Create incredible candidate experiences that communicate your brand, mission, and values with recruitment marketing solutions.
Learn moreCommunicate effectively and efficiently with the candidates that can drive your business forward.
Learn moreSelect the right candidates to drive your business forward and simplify how you build winning, diverse teams.
Learn moreHelp your best internal talent connect to better opportunities and see new potential across your entire organization.
Learn moreCommunicate collectively with large groups of candidates and effectively tackle surges in hiring capacity.
Learn moreAccess tools that help your team create a more inclusive culture and propel your DEI program forward.
Learn moreRebound and respond to the new normal of retail with hiring systems that are agile enough to help you forge ahead.
Learn moreAccelerate the hiring of key talent to deliver point of care and support services that meet and exceed your promise of patient satisfaction.
Learn moreAttract and engage candidates with technical competencies, accelerate hiring for much-needed skills, and advance expertise within your valued workforce.
Learn moreSimplify how you recruit finance, insurance, and banking candidates with a unified platform built to match top talent with hard-to-fill roles.
Learn moreYour business strategy depends on your people strategy. Keep both in lockstep with the iCIMS Talent Cloud.
Learn moreBuild an engaging, high-converting talent pipeline that moves your business forward.
Learn moreDeliver the innovation your talent team needs, along with the global scale and security you demand.
Learn moreDeliver tailored technology experiences that delight users and power your talent transformation with the iCIMS Talent Cloud.
Learn moreThe #1 ATS in market share, our cloud-based recruiting software is built for both commercial and large, global employers.
Learn more Talk to salesAttract the best talent for your business with powerful, on-brand career websites that excite candidates and drive engagement.
Learn more Talk to salesCombine behavior-based marketing automation with AI insights to build talent pipelines, engage candidates with multi-channel marketing campaigns, and automatically surface the right talent for the job.
Learn more Talk to salesEmpower candidates with automated self-service, qualification screening, and interview scheduling through an AI-enabled digital assistant.
Learn more Talk to salesSimplify employee onboarding with automated processes that maximize engagement and accelerate productivity.
Learn more Talk to salesVerify skills with game-changing levels of automation and simplicity to improve the quality of hire at scale.
Learn more Talk to salesModernize, streamline, and accelerate your communication with candidates and employees.
Learn more Talk to salesTransform the talent experience by showcasing your authentic employer brand through employee-generated video testimonials.
Learn more Talk to salesSimplify recruiting, dynamically engage talent, and reduce hiring bias with job matching and recruiting chatbot technology.
Learn moreStreamline and centralize your HR tech stack with configurable, flexible, secure and reliable integrations.
Learn moreHow a beloved restaurant hires 40,000+ annually with a great candidate experience.
Learn moreThousands strong, our global community of talent professionals includes creatives, innovators, visionaries, and experts.
Learn moreTogether we’re creating the world’s largest ecosystem of integrated recruiting technologies.
Learn morePartner with our global professional services team to develop a winning strategy, build your team and manage change.
Learn moreExplore our network of more than 300 certified, trusted third-party service and advisory partners.
Learn moreUncover unique market insights, explore best practices and gain access to talent experts across out library of content.
Get resourcesExpert guidance about recruitment solutions, changes in the industry, and the future of talent.
Learn moreStay up to date with the latest terminology and verbiage in the HR software ecosystem.
Learn moreEmployers everywhere improve hiring efficiently and save money using iCIMS. Estimate the potential business value you can achieve.
Learn moreDive into the Class of 2023 Report highlighting this cohort’s expectations and where employers are willing — and able — to meet them.
Watch nowPartner with iCIMS to build the right strategies, processes, and experience to build a winning workforce.
Learn moreExpert guidance about recruitment solutions, changes in the industry, and the future of talent.
Learn moreDeliver the innovation your talent team needs, along with the global scale and security you demand.
Learn moreView press releases, media coverage, and the latest hiring data. See what analysts are saying about iCIMS.
Learn moreiCIMS is the Talent Cloud company that empowers organizations to attract, engage, hire, and advance the talent that builds a winning workforce.
Learn moreGet to know the award-winning leadership team shaping the future of the recruiting software industry.
Learn moreWe believe the future of work isn't something that "happens" to you. It's something you create. We actively create the future of work with our customers every day.
Learn moreiCIMS is committed to being a responsible and ethical corporate citizen, which is why Environmental, Social and Governance (ESG) initiatives are strategic imperatives.
Learn moreStreamline your tech stack and take advantage of a better user experience and stronger data governance with ADP and the iCIMS Talent Cloud.
Learn moreThe combined power of iCIMS and Infor helps organizations strategically align their business and talent objectives.
Learn moreOur award-winning partnership with Microsoft is grounded in a shared desire to transform the workplace and the hiring team experience.
Learn moreOur partnership with Ultimate Kronos Group (UKG) supports the entire talent lifecycle by bringing frictionless recruiting solutions to UKG Pro Onboarding.
Learn moreLet’s get in touch. Reach out to learn more about iCIMS products and services.
Learn more
As we settle into a new year, it’s time to look back at the last 12 months of job market activity. iCIMS data shows that last year was a remarkable one — will 2024 continue to defy expectations? Or will employers finally get caught in some of the stormy forecasts?
Our January Workforce Report investigates:
Employers didn’t have many reasons for optimism as they entered 2023. Headlines forecasted economic turmoil, predicted labor market declines and continually reported news of layoffs. And yet, iCIMS data shows that, overall, the job market chugged along for most of the year.
Application volume, for instance, began on a high in January. Levels remained robust throughout 2023, falling only in Q4, when a dip in applicants is nothing but typical. Even so, employers closed the year with 14% more applicants than in 2022.
It follows that applicants per opening (APO) enjoyed a strong year, too. APO took off in 2023 — the number of applicants vying for an open position skyrocketed from 19 to 26.
Employers in the tech industry felt this transformation most intensely. APO for tech jobs grew from 26 in 2022 to 46 in 2023. Meanwhile, employers in the healthcare industry continued to struggle with applicant rates. Their APO levels saw some growth, however, moving from 13 in 2022 to 18 in 2023.
For more insights into how employers dealt with an influx of applicants, download the full January Workforce Report.
If a consistent uptick in applications was one of the markers of last year’s job market, employers may be pondering a few actions. One might be making sure their career sites are ready to process and entice those extra applicants.
Another task may be to check in with employee sentiment. Strong applicant numbers means movement among workers, and movement means turnover. Will there be another mass exodus in 2024? Are employees ready to flee?
That doesn’t seem to be the case. According to a December 2023 iCIMS survey, more than half of respondents rated their job satisfaction at an eight or higher, on a scale of 10. This widespread satisfaction corresponds with a general sense of security: 87% of people said they weren’t concerned about getting laid off in 2024.
Despite high levels of satisfaction and security, 51% of workers reported intentions to look for a new job in 2024. When asked why they planned to find a new position, money was the most popular response by far:
While a “lack of opportunities for growth” fell low on the list of reasons for a job change, many workers showed significant concern over issues relating to professional growth. Half of workers, for instance, said they will look for a new job if they don’t receive an expected promotion in the next year. And 63% of employees making less than $25,000 said they don’t feel their employers provide them with skills to grow.
Other motivating factors indicated by respondents point to what workers value most in 2024. Forty-four percent of respondents said they would consider finding a new job if their current employer did not demonstrate a commitment to promoting DEI in the workplace. Work arrangements proved to be of importance, too. More than a third of people working in hybrid environments said they may look for a new job if their company announced a return to office full time.
Care to learn more about valuable talent insights? Download the full January Workforce Report.
Rhea Moss is director of customer experience and data insights at iCIMS. She oversees the iCIMS Insights program, which aggregates and anonymizes the billions of data points iCIMS’ software processes per year and transforms them into actionable insights to help drive business and hiring strategies. Previously, Rhea was head of products at prescriptive data, and served as product and program managers at MongoDB and Thomson Reuters.
January 18, 2024 
4 min read
