Source of Hire 2016

Candidates referred by employees are the strongest sourceof hire. One reason employee referrals dominate might be the strength a personal reference receives in the hiring decision.

How do Sources Measure Up?

Industry Insight: Employee Referrals PROS • Speed to hire, lower cost

per hire • Higher retention rates • Lower training costs • Best for specialized

positions— engineering, computer science

• Better “culture fit”

CONS • Insular teams, self-

reinforcing ideas• Can decrease diversity • Potentially less

innovation• Open to charges of

cronyism

Who Takes The Cake With External Interviews and Hires?

Off-line sources include campus recruiting, agencies, walk-ins, and events

Online sources include job search engines, jobboards, and social media sites

Which Online Job Search Engine Results in The Most Hires?

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On Campus: A New Batch of Talent

Employers plan to increase their college graduate hiring by 11% in 2016.

Employers’ perspectives on the health of the labor market are also improving: 42% described the job market for Class of 2016 graduates as “very good” or “excellent,” compared with just 18%from the Class of 2014 survey.

Job Outlook 2016 Survey, National Association of Colleges and Employers

Weigh Your Sourcing OptionsReview, Adjust, Improve

You might think that if your sourcing strategy “isn’t broke don’t fix it.”

However, new sources perennially emerge, so talent acquisition professionals have to staycurrent to be competitive.

Thank You!!

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