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Looking for a job just got easier, thanks to new research. According to that research, job-seekers may want to stay close to their current organization, since 63 percent of new hires were internal candidates, more than double the number of hires from outside the organization. Overwhelmingly, referrals were the main source driving these internal hires.
Nearly half of all internal hires came as a result of referrals, while 27 percent came from networking and 24 percent came from a company website. These overwhelming numbers highlight the importance of some old-fashioned techniques that can be utilized in today's job search. Chief among them are networking and referrals.
For external candidates looking to get hired, the numbers are not as encouraging, since just 37 percent of new hires came from external sources. Those odds mean that external candidates need to be smart about where they begin their job search.
According to the survey, conducted by SilkRoad, external candidates have a much better chance of getting hired when they utilize tools online. In fact, 94 percent of interviews and 86 percent of external hires came from online sources. With such a large percentage of these hires coming from online sources, differentiating the most effective search sites is important. According to the survey, the top 10 sources for external hires and interviews were:
- Unspecified job boards
- Campus recruiting
- Job fairs
- Recruiting agencies
SilkRoad is a provider of social technology employee management services. The research is based on data from 700 SilkRoad clients; of those clients, 50 companies are in the Fortune 1000 and 10 are in the Fortune 500. The information in the Recruiting Marketing Effectiveness: Meaningful Metrics Straight From The Source survey reflects 225,000 job postings, 9.3 million applicants and 94,000 hires.
Reach BusinessNewsDaily staff writer David Mielach at Dmielach@techmedianetwork.com. Follow him on Twitter @D_M89.