KPMG has streamlined their recruiting process in the UK for millennials. They condensed what used to be a 3 step process down into a one day process.

The reason KPMG changed this process is because of millennials. Millennials felt the process was too long and that communication during the interview process was poor.

How did KPMG arrive at this conclusion?

KPMG got feedback from a company called High Fliers Research that showed the poor stats with millennials. 

KPMG cited the fact that competition is fierce for graduates for the reason as to why they changed this process. 

I think this makes sense because KPMG was probably losing out on candidates because of a lengthy process that made no sense to millennials. It is also good for optics because KPMG is seen as listening to millennials. Oftentimes it’s good enough for employees to feel like they are being listened to to improve perception and morale.

 

Who is High Fliers Research?

High Fliers Research states that they interview graduates in the UK every year. They issue a report every year disclosing various stats about graduates.

The company polls 18,000 graduates every year. They have been doing this research for over twenty years. 

High Fliers polled 400 people for the survey for KPMG. 

Now KPMG is just implementing this in the UK for now, but it will be interesting to see if they carry this over.