Is the Job Market Shifting in Favour of Job Seekers?

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For the past few years, securing a new job—let alone a better one—has felt like an uphill battle. With hiring slowdowns and fewer incentives on offer, job seekers have had to work harder to stand out. But recent trends suggest that change might be on the horizon.

According to a recent survey by ZipRecruiter, more new hires are being actively recruited, landing higher salaries, and receiving competitive offers—signs that the balance of power may be shifting back towards job seekers.

The data shows a marked improvement in hiring conditions:

  • 53% of new hires were approached by recruiters, up from 29% late last year.
  • 73% of workers earned a pay rise after switching jobs, compared to 57% in previous months.
  • 31% received counter-offers from their current employer—nearly double the rate of last year.
  • 43% were offered a sign-on bonus, a huge jump from just 12% in previous quarters.

These figures suggest that businesses are once again competing for talent, a contrast to the cautious hiring landscape of the past few years.

While one quarter of data isn’t enough to confirm a lasting trend, it’s a strong indication that opportunities are emerging for those ready to take the next step in their careers. Employers who once cut back on hiring incentives during the economic downturn are now reintroducing them to secure top talent.

For those considering a career move, now is the time to:

Leverage your skills: Ensure your resume and LinkedIn profile highlight your key achievements and transferable experience.
Know your worth: If you’re in demand, don’t be afraid to negotiate for better pay or benefits.
Stay open to opportunities: More organisations are headhunting talent—be ready to explore new possibilities.

Employers, Take Note

For hiring managers and HR professionals, this shift signals the need to revisit recruitment strategies. With talent in high demand, businesses that fail to offer competitive salaries, strong benefits, and a clear pathway for career progression may struggle to attract and retain employees.

Incorporating AI-driven hiring tools, strengthening employer branding, and investing in workplace culture are just some of the ways businesses can ensure they remain competitive in this evolving job market.

While it’s too soon to declare a full recovery, these early signs of improvement provide a much-needed boost of confidence for job seekers. If similar trends continue in the months ahead, we could be looking at a more candidate-friendly job market—a welcome change after years of uncertainty.

At FPRS, we’re here to support job seekers and employers alike. If you’re looking for your next opportunity or need to strengthen your workforce, reach out to us today.