Online recruitment stats, trends & facts

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“An insightful and in-depth take on the complex world of online recruitment ” Peter Gold – MD of Hire Strategies & Chief 3 Part Guide to Online Recruitment Part 1: Recruitment Stats, Trends and Facts

Transcript of Online recruitment stats, trends & facts

Page 1: Online recruitment stats, trends & facts

“An insightful and in-depth take on the complex world of online recruitment ”Peter Gold – MD of Hire Strategies & Chief Editor at

HR Mash

3 Part Guide to

Online Recruitment

Part 1: Recruitment Stats, Trends and

Facts

Page 2: Online recruitment stats, trends & facts

Shifting recruitment patternsRecruitment stat’s, trends and facts Method of attracting candidates

% of businesses that used this method: 2006

% of businesses that used this method: 2013

Online recruitmentOnly method that gained in last 8 yrs.

16% 38%

Local press advertisingBiggest decline seen here

79% 29%

Traditional agencies 76% 49%

Company websitesMost effective in the public sector

75% 62%

Employee referral schemes 47% 33%

Then & now…

Hiring methods have moved on

since 2006. Have you?

Table source: CIPD reports (2008 - 2013): ‘Recruitment, retention and turnover’. - Available on the CIPD website

Page 3: Online recruitment stats, trends & facts

The skills gap & the war [for talent]Businesses are struggling to hire

82%

18%

How are businesses coping with recruitment?

Struggling OK

2009 2013

20%

62%War For Talent

82% of businesses are experiencing recruitment difficulties (CIPD, 2013)

Managers, professionals and technical positions were the most difficult positions to fill

Recruitment is still a major problem

War for talent is now on your doorstep

3 out 5 employers report that there is now greater competition for top talent

This figure has risen from 20% in 2009 to 62% in 2013

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How long & how much?Time & money

60% of businesses

with over 5,000employees had this

problem

Businesses are still taking too long to hire

33% of businesses

are losing candidates because of the length of their hiring process.At what

point are you losing

talent? £5,000 for snr. ManagersIn 2013, the UK average cost per hire was: £2,000 for other workers

Page 5: Online recruitment stats, trends & facts

Recruiting MillenialsSocial recruiting on the rise

Over 50% of organisations now use social media in resourcing 60% that don’t use social media believe it could benefit them Businesses increasing recruitment spend on social and

professional networking sites, commercial job boards and apprenticeships

Reducing spend on newspaper adverts and trade press

Recruitment stat’s, trends and facts

33% of businesses have changed their processes to

accommodate Millenials

Adapting to the challenge of

hiring Millenials

25% have hired more 16 – 24 year olds than

before

Millenials:

The tech savvy generation

born between 1982 -

early 2000’s

Page 6: Online recruitment stats, trends & facts

According to a survey by jobs.ac.uk:

The lack of skilled/quality candidates is the biggest challenge facing recruiters

Cost reduction is the biggest recruitment priority Job boards continue to be the most effective recruitment tool for

recruiters Sector specialism, pricing and audience size are the most important

factors when choosing a job board

In-house or outsource?

69% of organisations still prefer to conduct recruitment activity in-house

Interestingly, 28% of organisations choose to combine in-house with outsourcing

Bridging the skills gapRecruitment stat’s, trends and facts

The skills shortage

remains a major

concern for hiring

businesses

Page 8: Online recruitment stats, trends & facts

Our sources

Further

reading…

ReferencesGeoff Grout: http://www.jeffgrout.com/pressarticles/?article=press-00004.html&title=Online+Recruitment+TrendsExpert HR: http://www.xperthr.co.uk/blogs/employment-intelligence/2012/06/what-is-the-typical-time-to-fi/CIPD (2013) A Barometer of HR trends and prospects

CIPD (2013) Annual Survey Report 2013 - Resourcing and Talent Planning

CIPD reports (2006 - 2013): Recruitment, retention and turnover. Report names changed in 2010 to ‘Resourcing and Talent Planning’

jobs.ac.uk (2013) Recruitment trends - Survey results