Sources Of Hire 2010

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ERE Webinar from 2/17/2010 presented by Gerry Crispin.

Transcript of Sources Of Hire 2010

CareerXroads 9th Annual Source of Hire Study: Meltdown in 2009 and What It Means for a 2010 Recovery

Gerry Crispin, sphr & Mark Mehler Founders & Principals, CareerXroads

www. CareerXroads.com, mmc@careerxroads.com

732-821-6652

9th Annual Sources of Hire Study released Feb 2010 http://www.careerxroads.com/news/articles.asp

•  Who are these survey “respondents” anyway?

•  What are the 2009 “Sources” of hire… …and what does it mean for 2010?

•  What can I do to improve and leverage my SOH data?

1997

27 million on the internet

1997

1997

1997

1997

1997

1997

1997

1997 Sources of Hire

28.7% - Newspaper ads 19.7% - Employee Referrals 10.4% - Agency (Contingent) 8.7% - Contract Recruiters 8.3% - Job Fairs 5.0 % - Other advertising 4.6% - Image advertising 4.2% - Trade journals 2.9% - College 2.9% - Resume services 2.1% - Agency (Search) 2.1% - Internet 1.5% - Radio

25-50 firms respond

most with 7,500 to 75,000 North American employees

F/T openings filled

We ask 200 staffing leaders for SOH data

by 1,000-3,000 Recruiters and Sourcers

During 4 weeks each January 2002- 2010

200

41

1,800,000

176,420

1,501

Who are these survey “respondents” anyway?

Who are these survey “respondents” anyway?

Figure 1. - What part of your workforce is contingent? (Last year about 10%, this year 13.6%)

I don’t know. Can’t even guess. 6-10% 0-5% >30%

% of those responding to each level 30% 25% 15% 12.5% 7.5%

16-30

10%

11-15%

Who are these survey “respondents” anyway?

We know about

or make Every hire

UNION MFG Retail Sales LOC DIV

Other

Are there other areas you don’t get involved in hiring or auditing?

60%

40%

20%

0%

Who are these survey “respondents” anyway?

“No, full life cycle recruiters do their own direct sourcing as needed.”

Who are these survey “respondents” anyway?

Who are these survey “respondents” anyway?

Will you hire more or fewer this year than last year?

2008 2009 2010

22.2%

27.9%

29.0%

2007 2006 2005 2003 2004 2008 2009

36% 38% 32% 34% 28% 39% 51%

What are the 2009 “Sources” of hire?

What are the 2009 “Sources” of hire?

Positions filled with Internal Candidates

60/40 Exempt/Non-Exempt

Positions filled with External Candidates

40/60 Exempt/Non-Exempt

Career Fairs

3rd Party

Walk-ins

Print

Boomerangs

College

D-Sourcing

Job Boards

Career Site

Referrals

Other

Temp-to-hire

What are the 2009 “Sources” of hire?

Job Boards

What are the 2009 “Sources” of hire?

What are the 2009 “Sources” of hire?

What are the 2009 “Sources” of hire?

Referrals

How many Referrals does it take to make one hire?

What are the 2009 “Sources” of hire?

Job Boards

35% - “We reduced our contracts in 2009 but had the same proportion of hires from major boards.”

32.5% - “We reduced our contracts and reduced the percentage of hires from job Boards.”

32.5% - “We made major efforts to switch away from major job boards to other sources and that effort is continuing.”

How did you handle [major] Job Boards this past year?

What are the 2009 “Sources” of hire?

D-Sourcing

What are the 2009 “Sources” of hire?

What are the 2009 “Sources” of hire?

50% of SN hires related hires are attributed to Linkedin

D-Sourcing

Companies poised to capitalize on SN.

46% of firms still block SN.

What are the 2009 “Sources” of hire?

Print versus s 28.7% in 1997

In the last decade employers have freed up $50 billion to fund emerging staffing technology

Career Fairs

3rd Party

Walk-ins

Print

Boomerangs

College

D-Sourcing

Job Boards

Career Site

Referrals

Other

Temp-to-hire

What are the 2009 “Sources” of hire?

Any questions so far about the data?

What can be done to improve SOH?

Data integrity. Collect the right information, reliably.

Discipline. Easy to say. Hard to do.

Vendors. They only pay attention to what you attend to

What can be done to improve SOH?

Self report can be useful but it will always be insufficient

How is SOH data collected?

What can be done to improve SOH?

Complete User Friendly Specific – “Other” is not an option Required

Who could make sense of this?

Compare self-report with source IP Address

Add SOH questions during Interview phase

Request [survey] confirmation from new hires

Conduct focus groups during onboarding

or, contract for reports from job distribution services

….And then add a 2nd method to confirm the first

What are the 2009 “Sources” of hire?

It’s the Patterns! We need to map the entire channel.

Finally, realize that one source, no matter how well measured Still isn’t enough.

What are the 2009 “Sources” of hire?

Job Boards ‐ 29.6%, Internal Recruiters ‐ 16.8%, Corporate Website ‐ 10.6% Referrals ‐ 7.6%, Recruiting Firms ‐ 6.8% Internal Promotion ‐ 6.3%.

Top 6 - Sources of Hire Australia, 2009

Final Thought: a future challenge – global SOH

Gerry Crispin, sphr & Mark Mehler Founders & Principals, CareerXroads

www. CareerXroads.com, mmc@careerxroads.com

732-821-6652

THINK

Good Hunting!

9th Annual Sources of Hire Study released Feb 2010 http://www.careerxroads.com/news/articles.asp