Glassdoor economist explains why remote job interviews are ‘definitely here to stay’
As many companies increasingly encourage workers to return to the office, one part of remote work is determined to outlast the needs of the pandemic era.
“The in-person interview is not over, but the remote interview will definitely stay,” Daniel Chao, chief economist at Glassdoor, told Yahoo Finance Live (video above). “This is something we expect to continue even after the pandemic and it’s something we’ve seen in Glassdoor data so far during the pandemic.”
Zhao explained that remote interviews are “more covenant-friendly and much cheaper” — for both job seekers and employers.
“Now you don’t have to send a candidate to an on-site interview, and at the same time that candidate doesn’t have to take time off from work,” Zhao said.
So far in 2022, 20% of interview reviews on Glassdoor mention the word ‘remote’ compared to only 8% of reviews that mention ‘in person’. This is a sharp reversal from previous pandemic interviews in 2019, where 29% of interviews reported “in person” versus only 10% who reported “remotely.”
The tight job market also provides an unexpected boost to remote interviews. The US saw 390,000 new jobs added in May, with the unemployment rate stable at 3.6%.
“When I go around the country, I talk to companies,” US Labor Secretary Marty Walsh told Yahoo Finance Live after Friday’s jobs report. “And… they’re looking to hire people, and they can’t find people there. But their business still keeps moving forward. I just think we have to take this thing step by step here.”
To attract the best talent in a tight job market, companies try to meet job seekers wherever they are – even if it’s through a webcam.
“It definitely made it easier for employees to interview for other jobs.”
Nicholas Bloom, a professor of economics at Stanford University, told Yahoo Finance that the first rounds of remote interviews are likely to continue, saving companies time and money by allowing them to conduct multiple interviews. Second rounds will increasingly take place in person and focus on ensuring the candidate is a good fit.
Bloom added that switching jobs and even quick job transitions could become the new normal as companies embrace remote interviewing and employees prefer the ease and discretion it provides.
“Working from home has definitely made it easier for employees to interview for other jobs,” Bloom says. “In fact, it is much easier to change jobs on the same day.”
As a result, job seekers are likely to prefer the remote interview due to how flexible and easy it is to look for new work—especially when looking for jobs maliciously.
“They don’t need to pretend they have a dentist appointment in order to get an interview,” Zhao said. “So, to some extent, that might actually make the matching process a little faster which would be a nice change in the job market.”
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